Write off's

muckybutt

Finally been contacted today by third party's insurers following accident at the weekend.

They are umming and rrrring at the damage done by the accident, it's not huge but looking at costs etc and value of car I am pretty sure they are going to come back and offer it as a cat C write off.

If that's the case where do I stand ? can I take their offer and keep the car or would that be scrapped ?
Certainly can't afford another car at the moment that's for sure !

welfayre

You can take the offer and buy the car back from the insurer. You'll then have to repair the vehicle but should have money left over from the insurance payout to cover most of the repairs.

InsideInsurance

muckybutt wrote: »

Finally been contacted today by third party's insurers following accident at the weekend.

They are umming and rrrring at the damage done by the accident, it's not huge but looking at costs etc and value of car I am pretty sure they are going to come back and offer it as a cat C write off.

If that's the case where do I stand ? can I take their offer and keep the car or would that be scrapped ?
Certainly can't afford another car at the moment that's for sure !

You do realise you wrote the above on Tuesday? "Finally" seems a bit harsh for an incident that happened at the weekend and being contacted by a team that normally only works mon-fri

You can ask them about retaining the salvage and if they agree then they will deduct the value of the salvage from the settlement.

It would be advisable to speak to your own insurers first about if they will continue to insure it post the total loss and what tests they will require before they offer comprehensive cover on it again

Nodding_Donkey

Don't forget to claim an amount for the increased premiums you will be paying for the next 5(?) years.

InsideInsurance

Nodding_Donkey wrote: »

Don't forget to claim an amount for the increased premiums you will be paying for the next 5(?) years.

The question mark is the problem - you need to be able to substantiate your losses and the fact you cant even confirm how many years it is going to be let alone how much it will be say in year 4 means that most attempts to claim it fail.

No harm having a punt for it but not worth going to court over.