Car insurance, what a con

anewman

MX5huggy wrote: »

In fact TP if you can get it cheaper than TPFT

TPFT quotes are always cheaper than TP quotes for me. So don't assume TP is cheapest. Do check. Best not to pay more for less cover :beer:

motorguy

karenccs67 wrote: »

6 mths ago insurance co valued car at £800 now theyre saying its worth £300. I need new bumper and wing and insurance saying repairs will come to more than £300, so will write it off without even looking at it, how is that fair? And I'm sure insurance premiums won't come down to reflect true value of car when they're due.

How did the insurance company six months ago come to value your car at £800?

dacouch

How come you had your car valued 6 months ago by your insurers was it written off then as well?

Pew_Pew_Pew_Lasers!

Just refuse their offer. Never accept the first offer.

anewman

vaio wrote: »

Just a thought but assuming it’s 10 years old, then you’ve lost the ability to trade it in and get 2k of your next car and the pay-out for your car should reflect this.

Lol, I bet loads of people will be trying this on. :rotfl:

dacouch

They have no chance of getting it, Insurance policies exclude consequential losses

Keith

vaio wrote: »

Just a thought but assuming it’s 10 years old, then you’ve lost the ability to trade it in and get 2k of your next car and the pay-out for your car should reflect this.

Not really, the insurance is for the value of the vehicle, not for any further discounts that may be obtained via it. For example, if a fridge broke down containing Lobsters, the owner could sue to replace those Lobsters not for the profit earned by selling them cooked.

raskazz

dacouch wrote: »

They have no chance of getting it, Insurance policies exclude consequential losses

Exactly. And if (as seems to be the case) the car is a Cat C or D write-off, then my response to any such claim would be as follows:

You can still trade it in under scrappage - if you retain the write-off and we'll deduct the value of the salvage from the settlement.

vaio

Just a thought but assuming it’s 10 years old, then you’ve lost the ability to trade it in and get £2k off your next car and the pay-out for your car should reflect this.

vaio

dacouch wrote: »

They have no chance of getting it, Insurance policies exclude consequential losses

Your insurance can exclude anything but this is a claim against a third party insurance company and their liability is to put you back in the position you would have been had you not been in the accident. If that includes loss of discounts then so be it