Is this a total loss / write off?

londonTiger

treboeth wrote: »

londonTiger wrote: »

Also bodyshop costs for doing both bumper together probably isn't a huge deal more expensive than doing just one bumper.

Same prep, materials, paint, paint run, baking etc.

I read quite well thankyou.

I am not sure from reading your posts that you can read or understand.

Read again. You interpreted this as two bumper costs = one bumper cost.

I clearly said it's not going to be as expensive as doing the jobs seperately in two different runs (which is what the OPs two quotes are for).

AdrianC

Divorcing wrote: »

I do not think this is right as for example if I'd been hit front and back in 1 accident it would be a total loss so how does it being 2 separate accidents make a difference to the financial viability of repair?

Simply, because neither of the insurers who will end up paying is going to pay £3k for the write-off value when their repair bill is less than half that.

The cost of spraying two bumpers together will be lower than painting two individually, but it will be higher than just painting one. There are certainly savings in time and materials in setting up and painting compared to individual, but there are also extra times and materials required over just one.

atrixblue.-MFR-.

InsideInsurance wrote: »

There is without question economies of scale by getting the two repairs done at the same time, even without being an expert on cars that is purely logical. Now is that a saving of 15 minutes of labour and £10 of paint or something a lot more I am not in a position to say

The difficulty here of cause is that they are two separate accidents and so will have to have two separate invoices so that it can be recovered from the two separate third parties. Half the time with reasonable sized garages all estimates/ invoices are simply done by computer systems and so as they will be invoiced separately the economies of scale are probably lost from the bills.

Typically insurers dont pay for things like storage at their approved repairers or courtesy cars etc as these are just effectively built into the labour rate charged.

agree with 90% of your post except what is highlighted it depends on the contract at the time with their approved repairer.
The Wifes uncle has a insurer approved body shop, he can charge storage fee's after a reasonable amount time usually 2 to 4 weeks with no repair approval, the fee's are charged at trade + 5% on a weekly basis not daily. he can charge a daily storage cost when the vehicle is written off and not collected for transport after 1 week.
the first 3 days is charged for a courtesy car to the insurers if the repair time is estimated to be less than 7 working days or more than 14 working days the insurers are charged daily till hand over.
If the vehicle needs transporting to and from locations such as his shop to a local dealer for mechanical stuff and fault code or recode, he can charge a transport cost per mile.

InsideInsurance

atrixblue.-MFR-. wrote: »

agree with 90% of your post except what is highlighted it depends on the contract at the time with their approved repairer.
The Wifes uncle has a insurer approved body shop, he can charge storage fee's after a reasonable amount time usually 2 to 4 weeks with no repair approval, the fee's are charged at trade + 5% on a weekly basis not daily. he can charge a daily storage cost when the vehicle is written off and not collected for transport after 1 week.
the first 3 days is charged for a courtesy car to the insurers if the repair time is estimated to be less than 7 working days or more than 14 working days the insurers are charged daily till hand over.
If the vehicle needs transporting to and from locations such as his shop to a local dealer for mechanical stuff and fault code or recode, he can charge a transport cost per mile.

So as I said, TYPICALLY, insurers dont pay... over 2 weeks for repair approvals is not typical. These days many insurers give their network delegated authority and small/medium size jobs they self approve or its all dealt with electronically and only large or boarderline t/ls dealt with with an actual onsite visit by the insurer. Obv every insurer is different and have their own processes/ commercial agreements.

londonTiger

isn't your insurers admins fees also claimed off third parties? if so why does all this admin "time" matter at all? They'll just bill the third party insurer and make a profit by sdlapping on a margin as well. Or have I got this totally wrong?

Quentin

Third party insurers don't pay for uneconomic repairs

Divorcing

Thanks for all your replies.

Insurers have declared it a write off and no surprise given it a lower value than I think it's worth but I'm getting together examples of similar cars for sale and going to send them to them.

In the meantime they've said I can buy the car back at 25% of the cars value. Would this value be worked out from the value prior to the first accident or from the value at the time of the second. I believe it should be the latter as that is when the car was written off and it'll be cheaper to buy back!

Thanks again

InsideInsurance

Divorcing wrote: »

In the meantime they've said I can buy the car back at 25% of the cars value. Would this value be worked out from the value prior to the first accident or from the value at the time of the second. I believe it should be the latter as that is when the car was written off and it'll be cheaper to buy back!

The 25% will be at the final agreed valuation. So if you successfully argue up the settlement you will also increase the cost of buying it back.

Insurers often have very simple percentage based deals with scrap yards as it makes life much easier when dealing with high volumes than having to get each car salvage valued and negotiated individually

Custard_Pie

Divorcing wrote: »

Thanks for all your replies.

Insurers have declared it a write off and no surprise given it a lower value than I think it's worth but I'm getting together examples of similar cars for sale and going to send them to them.

In the meantime they've said I can buy the car back at 25% of the cars value. Would this value be worked out from the value prior to the first accident or from the value at the time of the second. I believe it should be the latter as that is when the car was written off and it'll be cheaper to buy back!

Thanks again

Don't accept the first offer either, unless you consider it good value for money. I had my Porsche stolen and written off, but managed to squeeze more out of the assessor when pointing Him to Autotrader. Of course, a car is valued at what people are prepared to pay, not what they are for sell, but it's always worth fighting your corner. Although I've never done it myself, I know someone who kept the written-off car for a small reduction in their pay out and made a small fortune selling bits off peice by peice.

Divorcing

Thanks again people.

If I buy it back what doi need to do for it too be Road legal?