Car went into the back of me, what can I claim?

cajef

Well according to caprikid1 he has two or three cars run into the back of him and it would appear that he has made some dubious claims, just waiting for his post when he has insurance cancelled and has to pay a large amount to get someone to insure him in the future.

caprikid1

cajef wrote: »

Well according to caprikid1 he has two or three cars run into the back of him and it would appear that he has made some dubious claims, just waiting for his post when he has insurance cancelled and has to pay a large amount to get someone to insure him in the future.

Another internet keyboard warrior....


Nothing dubious.


Simple, my car gets ran into , its a classic car, panels unavailable to a normal body shop, repair cost could be thousands. Insurance company knows that hire car costs and potential whiplash etc etc can run into many thousands if I were to claim through the normal accident management scam merchants.


I make a simple offer to the insurance company of X and say I will get my car repaired at my leisure and there will be no other claims and we will close the case.


I put it to you that 90% of whiplash claims are dubious. I am merely making an offer to settle a claim.


Clearly you do not know how insurance works or how the law works.


I am actually claiming for far less that the average Jo Public who gets ran into , so why is my claim dubious. In one case the insurance company looked at the extent of the damage to my car and did not even want to inspect it, the person that hit it admitted full liability. In that case they did not even come and inspect the car. I think they sent a cheque in about 10 days !.

AdrianC

caprikid1 wrote: »

Nothing dubious.

Simple, my car gets ran into , its a classic car, panels unavailable to a normal body shop, repair cost could be thousands. Insurance company knows that hire car costs and potential whiplash etc etc can run into many thousands if I were to claim through the normal accident management scam merchants.

I make a simple offer to the insurance company of X and say I will get my car repaired at my leisure and there will be no other claims and we will close the case.

And how does that £X settlement relate to the value of the car?
Is the car on a classic policy?

caprikid1

For the vast majority of claims the costs will be made up of.


1. Repairs to Car A
2. Repairs to Car B
3. Administration
4. Claims Management Profit
5. Hire car costs of A&B
6. Dubious injury claims.
7. Allowable expenses
The value of the car these days often is one of the smaller elements in the list above.
All I am saying is that if you offer a sensible amount they will bite your hand off if it is fair.
Insurance companies won't close a claim on a 10K offer against a £500 car. They may quite happily close a claim on a 1.5K offer though.


Many people with cars in lovely condition get screwed by insurance companies using book value as it is often impossible to replace an exceptional no expense spare car at book values.

caprikid1

I should add that it is better to settle via the third parties insurer. Inform your own then deal direct with the third party, they will be much more keen to resolve it quickly/

Mercdriver

cajef wrote: »

Well according to caprikid1 he has two or three cars run into the back of him and it would appear that he has made some dubious claims, just waiting for his post when he has insurance cancelled and has to pay a large amount to get someone to insure him in the future.

I don't see any grounds in anything that caprikid has said for slander. He isn't the one suggesting that OP use the whiplash claim.

AdrianC

Mercdriver wrote: »

I don't see any grounds in anything that caprikid has said for slander. He isn't the one suggesting that OP use the whiplash claim.

No, but he is suggesting that the insurer should be leant-on to pay more than they are contractually obliged to pay - which is the immediately pre-collision fair market value of the car.

caprikid1

AdrianC wrote: »

No, but he is suggesting that the insurer should be leant-on to pay more than they are contractually obliged to pay - which is the immediately pre-collision fair market value of the car.

No I am suggesting you lean on them to get the pre-collision fair market value of the car.


You buy a car from a main dealer and 10 days later it gets written off.


What does the company TRY and offer


1. Price you paid
2. Private Sale
3. Trade in value


I suggest that in the vast majority of incidents it will be 3. Fair ?


The insurance company has to put you back in the same position as you were pre accident IE as if it had never happened. You cannot replace a car at trade price.

Car_54

caprikid1 wrote: »

What does the company TRY and offer


1. Price you paid
2. Private Sale
3. Trade in value


I suggest that in the vast majority of incidents it will be 3. Fair ?

The answer, according to the Ombudsman, is actually 4:

"This generally means the price it would have sold for at a reputable dealership just before it was damaged or stolen.

To decide whether an insurer's valuation is reasonable, we compare it with prices in specialist motor trade guides - called Parkers', Glass's and CAP. We’ll generally look to see if the insurer’s valuation is in line with what the guides say

We might also use engineers' reports to help us decide whether the insurer's valuation is reasonable. These can give useful information about the condition of the vehicle. We don't usually find adverts helpful to judge a vehicle's value, because the selling price usually turns out to be lower. But they may be if the car’s a classic or rare model."

caprikid1

"This generally means the price it would have sold for at a reputable dealership just before it was damaged or stolen"


They will start at Trade and you will have a massive fight to get to the level of a private sale never have I heard of them paying full retail.