Accidents and thefts are unfortunate, but when your vehicle is damaged beyond repair or lost entirely, insurance offers a lifeline. This blog explains the Total Loss option in motor insurance—what it means, how to claim it, and what documents you’ll need. ❓ What Is Total Loss? A vehicle is declared a Total Loss when: The repair cost exceeds 75% of the vehicle’s Insured Declared Value (IDV) The vehicle is stolen and not recovered The damage is so severe that restoration is not economically viable In such cases, the insurer compensates you based on the IDV minus applicable deductions like excess , depreciation , or salvage value . 🛠️ Total Loss vs Constructive Total Loss Total Loss : Vehicle is destroyed or stolen beyond recovery Constructive Total Loss : Repair cost exceeds the market value, even if the vehicle is physically present Both qualify for full payout under comprehensive insurance. 📋 Procedure to Claim Total Loss (2025 Rules) Immediate Notification In...