Car insurance - Settled figure amended...

cduuffo13

Hi everybody,


I would like to seek other peoples opinions in regards to the very first claim I have ever had to make and to ensure it is reasonable.


I had a fault accident only me involved and my insurance gave me a payout figure of £5400 for a total loss "ford fiesta zetec 59 plate with 69,000 miles" I am also due £100 for the loss of my mobile phone during the accident which is irrelevant to the vehicle quote.


Glass the vehicle valuation company shows my car is valued as below.


Trade in price from £3,240.00 to £4,300.00
Private sale price from £5,230.00 to £6,290.00
Dealer retail price from £5,920.00 to £7,130.00

As you can see its based in the private sale price range bottom half. They first tried to offer £4,800 which I declined and they said £5,400 is the most they will offer.


Now they found out on my insurance I declared wrong information about when I acquired the vehicle, I stated it was acquired in 2010 where as the log book said it was 2012. The difference between the 2 dates was 1 year and 8 months.


They have now deducted £55 from my claim , I know its not much but I want peoples opinions in respect to have I been offered a good value for my total loss of the vehicle?


My excess is £650 + the amended evaluation for incorrect disclosure which means I would receive in total £4695 for my vehicle + £100 for my mobile phone.


Is the correct / agreeable?


thanks

Nasqueron

You need to post this in the general insurance forum (or ask a mod to move it) - this is the PPI forum

You will only get a higher amount if you can provide evidence of cars of the same age/condition/mileage legitimately for sale e.g. checking autotrader, ebay, private ads etc

cduuffo13

My apologies will request a move from a mod, thankyouo