What technical term is used for vehicles that can be repaired but are financially impractical to do so?

Prepare for the CII Certificate in Insurance - Motor Insurance Products (IF5) Exam. Dive into detailed questions and explore insightful explanations to boost your understanding. Excel in your exam preparation process.

The term used for vehicles that can be repaired but are financially impractical to do so is "write-offs." This designation is commonly applied when the cost of repairing a vehicle exceeds its market value. Insurance companies typically assess the damage and make a determination based on the financial feasibility of repairs compared to the vehicle's worth. When a vehicle is classified as a write-off, it indicates that the insurance company has decided not to proceed with repairs, allowing the owner to settle the claim instead.

Other terms provided don't represent this specific situation. "Salvages" refers to vehicles that can be salvaged, often because they still hold some value or can be repaired at a reasonable cost. "Navigables" is not a recognized term in the context of vehicle repairs or insurance. "Unrecoverable" could suggest a state beyond repair but lacks the financial implications that define a write-off. Thus, "write-offs" accurately conveys the concept of a vehicle being repairable yet deemed not worth the investment required for repairs.

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