Which of the following statements is LEAST-Likely true?
A) Older vehicles are written up as a total loss more than late model vehicles.
B) The first critical decision that the estimator must make is the repairability of the vehicle.
C) The auto industry "NADA book" lists the market values for used vehicles in various conditions.
D) The customer usually determines whether a vehicle is a total loss.

Question

Quizplus · Accepted Answer

The decision on whether a vehicle is a total loss is typically made by the insurance company based on the cost of repairs versus the value of the vehicle, not by the customer. This decision involves assessing the extent of the damage, the cost of repairs, and comparing it to the vehicle's current market value, often using resources like the "NADA book" mentioned in option C.

Which of the Following Statements Is LEAST-Likely True