Cut your losses. Keep your drive.

In Lebanon, total loss car insurance is a type of coverage that provides financial protection for your vehicle in case of a total loss. Total loss typically refers to a situation where the cost of repairing a damaged vehicle exceeds a certain percentage of its market value, making it uneconomical to repair.

When you have total loss car insurance, the insurance company will reimburse you for the current market value of your vehicle in the event of an incident that results in total loss. This can include accidents, theft, fire, natural disasters and other specified events depending upon the terms and conditions of your insurance policy. 

The following is usually covered in a total loss car insurance policy
Total loss coverage
The policy covers the insured vehicle against total loss resulting from accidents, fire, theft, vandalism, natural disasters, or other specified events in the policy.
Market value reimbursement
In the event of a total loss, the insurance company will reimburse you for the market value of the insured vehicle at the time of the loss. This amount is usually determined based on factors like – vehicle’s age, vehicle’s condition, and market price.
Third-party liability
Total loss car insurance in Lebanon often includes coverage for third-party liability, which covers the damages and injuries caused to the other parties involved in an accident.
Personal accident coverage
Some total loss car insurance policies in Lebanon provide coverage for medical expenses or accidental death benefits of the driver and the passengers in the insured vehicle.
Towing and roadside assistance
Most total loss car insurance policies in Lebanon include coverage for towing services in case your vehicle breaks down due to an accident or another incident. Roadside assistance is also provided for services like tire changes, fuel delivery, and lockout assistance.
Repair coverage
In some cases, total loss car insurance may also cover partial damages or repairs to your vehicle, even if it doesn’t meet the threshold of a total loss.
The exact coverage may vary depending on individual policies and insurance providers. So, it is best that you go through the policy documents carefully to know all the details. 

Certain situations / Incidents may not be covered by your total loss car insurance policy, a few of them are  

• Wear and tear
• Unlicensed or unauthorized drivers
• Off-road use
• Unapproved modifications
• War or terrorism
• Mechanical or electrical failures
• Intentional acts
• Negligence or illegal activities 

It is best to go through the policy documents carefully to know what is covered and what is not.