Quizzes & Puzzles17 mins ago
write off
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if you are involved in an accident and your car is deemed to be a write off, do you still only get the write off value if the accident was not your fault
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For more on marking an answer as the "Best Answer", please visit our FAQ.It depends whose insurance you are claiming on - your own insurance may well try stick to the write off value regardless - though there is always scope for negotiation.
If you are claiming from the third party then you have a very strong case for its replacement value rather than write off value. If their insurance company won't play ball you sue them - not the company
If you are claiming from the third party then you have a very strong case for its replacement value rather than write off value. If their insurance company won't play ball you sue them - not the company
The claim is likley to come via the other person's insurer who will do their best to pay you as little as possible. They will make you an offer which you must refuse. Expalin that the car was in good condition for its age and well maintained. If you have evidence of regular services show them thise and generally fight your corner. You will be offered more. If that's more like it then you're there but its worth asking for one more review to see if you can acheive a thrid and higher payment. Good luck.
If the accident is your fault, the payout will be the agreed value less your excess. If it's not your fault you'll either get the full value from the TP's insurers, or value less excess from your insurers and reimbursement of your excess at a later stage from the TP's insurers which may be via your insurers, just to delay things a bit more for the sake of it.
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yes I have heard of loadings of up to 5 per cent for a non fault accident, with justification being that the more experienced you are the more likely it is that you'll be able to avoid or anticipate someone else's mistake. Bear in mind that the 'someone else' here, while deemed at fault, may have no insurance and do a runner leaving you (and your insurers) liable for the loss.
Life is unfair. Get used to it.
Life is unfair. Get used to it.