How long does a car insurance write off payment take?

havingaball74
havingaball74 Posts: 268 Forumite
Part of the Furniture 100 Posts Combo Breaker
edited 8 January 2022 at 1:49PM in Motoring
Hi all,
I accepted a car insurance payout for my car that was written off. I accepted the offer 4 days ago. I haven't received the money yet. How long do these things normally take? My insurance company are not answering the phone. 

Comments

  • Depends on the insurer. I should have thought early next week. Did they say whether they would issue a cheque or bank transfer?
  • havingaball74
    havingaball74 Posts: 268 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 9 January 2022 at 12:54AM
    They said bank transfer. I accepted the offer but explained that I wasn't happy with the offer but would accept it anyway as I need the money to buy a new car. They said I could accept the payment but they would also file a 'complaint' on my behalf in order for the offer to be reviewed. He said the complaint wouldn't affect the payment going through. Now I'm starting to wonder...
  • Herzlos
    Herzlos Posts: 15,584 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It won't have effected it, these things are just slow.
    Given you asked at the weekend it's unlikely to be before Monday.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.8K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.8K Work, Benefits & Business
  • 619.5K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.