Over here, if the insurer determines that the cost of repair exceeds the value of the vehicle, it is "written off".
There are four categories of write-off (lifted from a UK car site):
Category A write-off: These vehicles are usually burnt-out and they must be totally crushed including all spare parts
Category B write-off: These vehicles cannot return to road and the shell must be crushed, but their spare parts may be salvaged and sold for spares
Category S write-off: Repairable, but cost of repair is more than value of car. Has been determined to have some sort of structural damage (previously category C)
Category N write-off: Again repairable, but it would cost more than the car's value to fix. Shouldn't have sustained any structural damage (previously category D)
Cat S and N cars are common on the resale market, and can be quite a bargain - however, a lot of buyers (myself included) are nervous about these cars - especially Cat S, and will avoid buying them. (When selling a vehicle it is mandatory to declare any insurance write-off)
There are four categories of write-off (lifted from a UK car site):
Cat S and N cars are common on the resale market, and can be quite a bargain - however, a lot of buyers (myself included) are nervous about these cars - especially Cat S, and will avoid buying them. (When selling a vehicle it is mandatory to declare any insurance write-off)