How does a category N affect insurance?

[Deleted User]

I've tried googling but haven't found any proper answers. My car has been deemed a total loss under category N after a lorry bashed into the side. I'm trying to work out the best option, whether to keep the car or buy a new one. At the moment, I'm leaning towards buying a new one of the same model and year just to make my life easier. I've heard some insurers won't do category N cars, and then I've obviously got to disclose that when selling on later. It wouldn't make sense to keep it if my insurance rockets as a result.

foxy-stoat

Well CAT N replaces CAT D.

If the salvage is cheap enough and it can be repaired cheaply then go ahead. It will be cheaper to sell, but harder, and you will have to call up the insurers to see if they take written off vehicles when/if you search for prices at renewal on the comparison sites.

What car is it and have you had any expensive mechanical work due recently?

dannyjebb

If the insurance have written it off and paid out do you still get to keep it? I would have thought the insurance company took the written off car?

Mercdriver

dannyjebb wrote: »

If the insurance have written it off and paid out do you still get to keep it? I would have thought the insurance company took the written off car?

With some you can keep the car as salvage and they deduct money from the payout.

Stoke

dannyjebb wrote: »

If the insurance have written it off and paid out do you still get to keep it? I would have thought the insurance company took the written off car?

Not always.

foxy-stoat

dannyjebb wrote: »

If the insurance have written it off and paid out do you still get to keep it? I would have thought the insurance company took the written off car?

I bought my old vectra back for £92 odd after my insurance paid out £1700, repaired it for another £120 and drove it for another 8 months before selling it for £600.

You can win well with write offs, but the newer and dearer they get the less chance you will have a result.