Total Loss vehicle
Total Loss is a term use in car insurance policy, a definition of a very damaged car
OIC define "Total Loss" as a vehicles that are damaged horribly and could not be repair to its original state.
If the cost for repairing is higher than 70% of the vehicle value, and if your insurance quote value is above 80% of car value at that moment, you have to transfer your ownership to your insurers and every cost afterward will be a responsibility of the insurer. The policy will be exterminate and the insurer have to pay the highest amount according to the agreement, written in the policy.