We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Other party insurer still not paid out for total loss car

Weave
Posts: 178 Forumite


Hi
My wife's car was declared a total loss on 26 April and the valuation was agreed on 02 May and submitted to the other insurer.
The other party has admitted fault and this has been accepted by their insurer.
Our claim is being handled by a claim management company we were referred to by our insurer.
The other insurer have still not paid the total loss money to the claims management company and have now been sent a 14 days to pay letter or they go to court. They have now had nearly a month to pay.
Is this normal? Is there a chance the other insurer has financial issues or are we protected regardless?
I'm really annoyed as we decided to borrow from our offset mortgage account to buy a new car after the total loss was declared and returned the hire car to try and keep costs under control for the other side. I am now paying interest on this money!
My wife's car was declared a total loss on 26 April and the valuation was agreed on 02 May and submitted to the other insurer.
The other party has admitted fault and this has been accepted by their insurer.
Our claim is being handled by a claim management company we were referred to by our insurer.
The other insurer have still not paid the total loss money to the claims management company and have now been sent a 14 days to pay letter or they go to court. They have now had nearly a month to pay.
Is this normal? Is there a chance the other insurer has financial issues or are we protected regardless?
I'm really annoyed as we decided to borrow from our offset mortgage account to buy a new car after the total loss was declared and returned the hire car to try and keep costs under control for the other side. I am now paying interest on this money!
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards