Contents insurance mistake in my favour

Howlinbob

Hi all

In December my contents insurance policy reimbursed me £699 in error, when I was only claiming £100. They had fixed my laptop via their own approved repairer, and were supposed to only reimburse me the cost of getting the repair assessed locally (which was £100). Instead, they reimbursed me for the entire repair quotation, not just the assessment of damage.

I have not spent the money, or said anything to them. Legally or morally, what should I do?

opinions4u

Morally? I don't think you need to ask the moral question.

Howlinbob

So where do I stand legally?

dacouch

They have up to six years to ask you for the money

rs65

Legally, you have their money.

I would guess they haven't paid their repairer, and will realise soon.

chanz4

also whoever looked at it locally ripped you off, I know a lot of repair centers for a major manufacture that charge £50

TSx

rs65 wrote: »

Legally, you have their money.

I would guess they haven't paid their repairer, and will realise soon.

That was my first thought as well... and it's something I've seen many times before. They'll almost certainly realise once the repairer sends them across an aged debt list saying they still owe the invoice.

As said before, they have 6 years to reclaim - what action they take to reclaim it is up to them, but they can potentially take out a CCJ against you.

Oh and I would imagine before they will deal with any further claims they'd want the money back.

Quentin

TSx wrote: »

......As said before, they have 6 years to reclaim - what action they take to reclaim it is up to them, but they can potentially take out a CCJ against you.....

Not quite right.

They have 6 years to take legal action to get their money back, but can still pursue you for the money after the 6 years are up. A debt never dies!

And they cannot "take out a CCJ against you".

You only get a CCJ from a court, and only then at the conclusion of a case where you will have been given plenty of opportunity to either pay any money you owe or dispute the amount of the claim!

geri1965_2

ignore, sorry