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In terms of motor vehicle insurance, when an insurance company writes a vehicle off, they have a dedicated salvage agent, who will give them back a certain percentage of its market value (pre-incident) for every damaged vehicle sold to them. If the cost to repair the vehicle is greater than its market value minus the percentage the insurance company receives, it is known as a constructive total loss (category D), as it is more economic for the insurance company to write the vehicle off than repair it. Equation: Cost to repair > Pre accident value - Salvage percentage return = Constructive write off
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What is the insurance class of EAR insurance?
EAR insurance which is Erection All Risk Insurance comes under the Insurance Class of Engineering and deals with Machinery and Risks inherent in Engineering related works like erection and commissioning of a project and may also be extended for testing. If you are looking for some specific answer which above does not satisfiy, do not hesitate to ask. Underwriter@gmail.com EAR insurance which is Erection All Risk Insurance comes under the Insurance Class of Engineering and deals with Machinery and Risks inherent in Engineering related works like erection and commissioning of a project and may also be extended for testing. If you are looking for some specific answer which above does not satisfiy, do not hesitate to ask. Underwriter@gmail.com
How do you perform under work pressure?
constructive citicisms is to correct you or perfect you.
Can you turn down a total by the insurance company and pay to have your car repaired by myself and still have car insurance?
Yeah, there should be no problem cancelling a claim on your insurance if it isn't under way already.
Corporate Fleet Insurance?
form_title=Corporate Fleet Insurance form_header=Whether you lease or own your vehicles, get the fleet insurance policy specifically tailored to your needs. Total number of fleet vehicles under lease:=_ Total number of fleet vehicles owned:=_ Type of business:=_
Which are good courses in engineering?
Some major fields of study under engineering are as follows. * Electrical engineering * Electronics engineering * Chemical engineering * Mechanical engineering * Engineering management * Architectural engineering * Civil engineering
Is it a constructive or a destructive plate boundary which lays under Mount Vesuvius?
destructive i do believe
What is under insurance?
When you file an insurance claim, if you do not have enough insurance coverage, under insurance claims can be the result. Under insurance is a term used when calculating claims when the coverage is not enough and the policy has undervalued the amount insured.
What does the term 'assets under management' mean in insurance industry?
AUm of insurance companies is total investments recorded in the balance sheet plus the asset held to cover linked liability
Can rifle be covered under insurance?
Yes a RIFLE can be covered under insurance
What engineering discipline involes developing video game consoles?
That likely falls under Electrical Engineering and Computer Engineering.
Where can someone get Sprint phone insurance?
One can make an application for phone insurance under Sprint's Total Equipment Protection scheme on their website. Other companies such as Protect Your Bubble and Phone Claim do also offer insurance for Sprint phones.
Is Nanotechnology comes under mechanical engineering?
yes nanotechnology does come under the mechanical engineering field but it also has other fields as the eligibility criteria.
