Total Loss Claim Calculator
Determine whether an item counts as a total loss based on repair cost versus its value.
Disclaimer: Claim estimates are illustrative only. Actual settlements depend on your policy terms and insurer's assessment.
Calculate
Enter your values below.
Result
Total loss?
0
Estimated payout
0
Disclaimer: Claim estimates are illustrative only. Actual settlements depend on your policy terms and insurer's assessment.
Formula used
If the repair cost reaches or exceeds the chosen percentage of the item's Actual Cash Value, it's typically declared a total loss.
Example: $9,000 repair on an $11,000 ACV item at a 75% threshold ($8,250) → declared a total loss.
How to use this calculator
- Enter Estimated repair cost, Actual Cash Value, Total loss threshold (%).
- Press Calculate to see your result instantly.
FAQ
Frequently asked questions
What is a 'total loss threshold'?
The percentage of an item's value at which insurers typically decide it's cheaper to pay out its full value rather than repair it.
What threshold do most insurers use?
It varies by insurer, item type, and jurisdiction — commonly somewhere between 60% and 80%.
What happens if it's declared a total loss?
The insurer typically pays out the item's Actual Cash Value (minus any deductible) rather than covering the repair.
What happens if it's not a total loss?
The insurer typically covers the repair cost, again minus any applicable deductible.