The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CONSTRUCTIVE TOTAL LOSS Definition & Legal Meaning

Definition & Citations:

In INSURANCE, damage to property or ASSETS that is so significant that the cost of restoration is determined to be greater than the value of the restoration.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.