Total loss only car insurance (TLO)
The Disadvantages of the Total Loss Only Car Insurance - A total loss only car insurance (TLO) is a type of car insurance that will cover you if your car damage is at a certain value, usually around 75%. This requirement makes the insurance have several disadvantages compared to the other types of car insurances. Here is the disadvantage of the TLO insurance. The Disadvantages of the Total Loss Only Car Insurance It can be a waste of money The insurance is made to cover your car from an extremely heavy damage, or if your car is lost. If this is the only car insurance you currently have, then it could be a waste of money. The monthly fee of the insurance will be useless, especially if the area where you live is secure and safe. The insurance is also won't give you protection from small scratches because, in order to make the insurance cover the damage, your car has to be damaged in a certain value. If you want to get back the monthly fee, it won't be returned 100% becaus