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Electronic reporting of an insurance event

Operational leasing with Arval > Questions and Answers > Settlement of Insured Events > If our vehicles are insured for book value, does it mean that if the vehicle is damaged beyond repair I won't have to pay anything?

If our vehicles are insured for book value, does it mean that if the vehicle is damaged beyond repair I won't have to pay anything?

Correct. The total loss is fully covered.