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Tracey is a claims rep for an insurer that uses a total loss threshold of 75 percent. An insured's vehicle, with a pre-accident ACV of
Tracey is a claims rep for an insurer that uses a total loss threshold of 75 percent. An insured's vehicle, with a pre-accident ACV of $16,000, is damaged in a collision. Which one of the following repair costs is the lowest figure that would cause the vehicle to be a total loss? Available answer options Select only one option A $6,000 B $8,075 C $12,200 D $14,350
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