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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Car has been written off - what are my rights regarding valuation and Coparts?
jacobsdaduk
Posts: 168 Forumite
My car has been written off in a non-fault accident.
The Insurer (Ticker) is refusing to offer a value until the car is taken away by Coparts.
My understanding is that I don't have to release the car until a valuation is agreed, but the claims handler isn't having any of it.
What are my rights, please? I don't trust Coparts to take it until valuation agreed.
Thank you in advance.
The Insurer (Ticker) is refusing to offer a value until the car is taken away by Coparts.
My understanding is that I don't have to release the car until a valuation is agreed, but the claims handler isn't having any of it.
What are my rights, please? I don't trust Coparts to take it until valuation agreed.
Thank you in advance.
Happy with my advice? The please use the 'thanks' button vvvvvvvvvvvvv
0
Comments
-
Are you claiming off your insurance or the third party's?jacobsdaduk said:My car has been written off in a non-fault accident.
The Insurer (Ticker) is refusing to offer a value until the car is taken away by Coparts.
My understanding is that I don't have to release the car until a valuation is agreed, but the claims handler isn't having any of it.
What are my rights, please? I don't trust Coparts to take it until valuation agreed.
Thank you in advance.0 -
In theory the value should be the cost of replacing the car with another of similar age and condition. The reality seems to be that the offer will be nearer to 'bottom book' trade in price.
0 -
Is the car truly a write off or just too expensive to repair?
Have you checked what it would cost to buy the same car?
I had to go to Autotrader and find a similar car to mine - same make, model, year, condition and tell the insurer that's the figure I would take. There was a lot of harrumphing and some negotiation but in the end they paid me an adequate amount and I kept the car and got it repaired myself.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇🏅🏅🏅🏅🏅0 -
Very few cars are a Cat A and therefore a true right off, 95%+ of cars its not economical to repairBrie said:Is the car truly a write off or just too expensive to repair?0 -
My own insurance policy. TP has accepted liability.DullGreyGuy said:
Are you claiming off your insurance or the third party's?jacobsdaduk said:My car has been written off in a non-fault accident.
The Insurer (Ticker) is refusing to offer a value until the car is taken away by Coparts.
My understanding is that I don't have to release the car until a valuation is agreed, but the claims handler isn't having any of it.
What are my rights, please? I don't trust Coparts to take it until valuation agreed.
Thank you in advance.Happy with my advice? The please use the 'thanks' button vvvvvvvvvvvvv0 -
The point I'm trying to get to is this: Can my insurer INSIST I allow my car to be handed over to Copart before making me an offer?Happy with my advice? The please use the 'thanks' button vvvvvvvvvvvvv0
-
The problem is that they won't know what the car was actually worth until they get to examine it. For all they know, the car could have been immaculately maintained, or it could be a complete shed that would have failed the next MOT.
If it sticks, force it.
If it breaks, well it wasn't working right anyway.2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards