Automobile Insurance Coverage Fayetteville, Arkansas AR
Filed under: Auto Insurance Quotes, Auto Insurance Tips
Reader’s Question:
What does a rolling total mean? I heard this from a cousin who was discussing about his car insurance coverage to my dad. He has car insurance in Fayetteville, Arkansas.
Brooke
Fayetteville, AR
That is an interesting question.
To give you a clearer idea on what a rolling total is, let me first define what a total loss mean. Auto insurance companies define total loss as referring to cars that seem impossible to repair. This also refers to vehicles that are way too costly to be fixed, which means the cost of repairing them would amount to or more than the value of the vehicle itself.
Rolling total on the other hand is a slang term that is used to describe a car that is still operational but should be destroyed. This car should be taken off the streets. Such kinds of vehicles are cars that are totaled by car insurance companies. However, you must remember that this does not necessarily mean that it only refers to totaled out cars. This may also refer to cars that look aged or vehicles that work badly.
I wouldn’t suggest that keeping such kind of car is a good idea at all. And since you seem interested with car insurance stuff, why don’t you try shopping around for car insurance rates in Fayetteville, Arkansas to see if you’re paying more on your car insurance premium. You can start by just entering your zip code here.
Tags: auto insurance claims, car insurance