Constructive Total Loss (Glossary Word)

When the cost of repairs exceeds the actual cash value of damaged property.

Other users also searched for some of the following glossary words and FAQs.

Glossary Words

• Constructive Total Loss
• CLUE
• Unit Assessment
• Personal Injury Protection

FAQs

• What are the benefits of a renters policy?
• What kind of insurance does my business need?