Use this screen to view, add, modify, or delete Total Loss Threshold records.
Description of fields on the screen
Field Label | Description |
---|---|
Add | Select this option to add a Total Loss Threshold record for a specific make. |
Delete | Selecting this option deletes the selected Total Loss Threshold record. |
Edit | Select the Total Loss Threshold record to be edited, and then select this option. |
Claim Type | Options include vehicle or motorcycle. |
Make |
This is the vehicle make for the selected Total Loss Threshold record. |
Standard % |
This value is the percentage amount the program to uses when calculating the Total Loss threshold for recent vehicles. The program inserts a default value of 0. |
Older Model % |
This is the percentage amount the program uses to calculate the Total Loss Threshold for older model vehicles. Enter the percentage you want to use for older model vehicles. |
Older Model Year |
This is the cutoff year for a vehicle to be considered an older model. Any vehicle whose year is later than the year you enter here is not considered older model. The program defaults this year to 1966. Enter the last year you want to use to establish a vehicle as older model. |
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