Insuring 'totalled' cars.

Jeronimo88

Hi, looking for some advice. I had a collision in my car that was deemed to be 50/50 as to who was at fault. The insurer deemed our car to be a 'total loss', due to cost of repair being more than the cost of the car. The insurer then paid me the market value of the car, which I kept as I still needed a car for work.
Insurance renewal will be coming up soon and I wondered how this will affect future premiums, will insurers touch totalled cars? And if so is it at an extortionate price as I have already been paid the cars value?

I ask as if I need to get rid of this car and get another I want to start looking now.

Thanks in advance.

debtdebt

Has it been recorded as a writeoff? If so, most insurers require you to declare it at renewal. Some will cover, some won!!!8217;t.

Jeronimo88

Debtdebt thanks for your reply.

I have no idea tbh, so I need to obviously find out. I'm guessing if it has then if a company will insure it the renewals will be very high!!

twhitehousescat

there are 4 (I think) classifications on damaged cars read http://www.autoexpress.co.uk/car-news/consumer-news/99750/new-write-off-categories-explained-what-are-cat-n-and-cat-s-cars dependent on classification (do a vehicle check online!) the answer will appear

missile

Are you still insured?

Most insurers will terminate cover when they pay out for a vehicle which is beyond economical repair.

Jeronimo88

Yeah definitely still insured as we rang them not long ago to add business insurance until the end of the policy.

Will do a check now!

Jeronimo88

It is a category N, does anyone know what this will mean renewal wise?

wgl2014

Non structural damage, unlikely to make much of a difference.

However..... Ultimately it's down to your insurers, if they load up your premium vote with your feet!

sassy_one

Just for clarification for anyone reading and running, you can't insure "Total Loss" in category B.
My car was written off a few weeks ago now, and I did want to keep it and I think with months of hunting parts, I'd have got it back on the road after a spray job.
But insurers said, category B can't kept or got back.

Also, insurer advise no insurance company would ever cover a category B write off.

What I will say, premiums tend to be higher on previously claimed cars

foxy-stoat

sassy-one wrote: »

Just for clarification for anyone reading and running, you can't insure "Total Loss" in category B.

As that category is "parts only" - lucky for the OP its a Cat N.