Insurance Question

Murzo

Murzo

Murzo

Associate
Joined
7 Oct 2005
Posts
609
Hey Guys,

my girlfriend was in accident last Thursday, were some old idiot crashed into her knocking her up the curb. The old lady drove on after the accident but reported it to police about 30-45mins after the accident saying she panicked and didnt know what to do. I later spoke to her and she apologised and gave me her insurance details and I got the ball rolling with regards to repairs/settlement.

Now my car is Ford Mondeo Verona 1.8LX registered in 2000. The damage done to it was front drivers side wing dented badly, drivers door dented slightly and various paint work damage up the drivers side of the car. The passenger side front wheel took the full brunt of the curbing and as a result of that the alignment of the wheels are way out and also the passenger side front wheel points outwards (right) slightly and the tyre has deformed slightly (some bubbles in it), so it looks like I will need a new track rod. This all info from the third party mechanic the insurance company sent out to access the vehicle.

I have been told that its more than likely going to be wrote off for obvious reasons that its a 10 years old car and the body panels are not made anymore. But i have been told that I will retain the car and be offered cash as well.

My questions are:

Once they offer me a cash settlement, is that it? Do I have to take it even If i think its not a fair amount or is there room to negotiate?

Will they just offer me a cash amount based on the repair costs of the car?

I bought the car for £800 pound about a year 1/2 ago, I take it I won't get close to this value even though the accident was the third parties fault?

Cheers,
Murzo
 
Generally if the car is repairable they should pay for the repairs in full.

If it's a write off you don't have to accept the first settlement and you should be given an amount that will put you back in the same situation before your car got crashed into.
 
I seem to recall reading that the liable insurance company can't write off the victims car forcibly (I guess this might change if both drivers were insured by the same company though). The best bet with regards to the offer they make is to get hold of adverts for similar mileage/age/condition models of the same car for comparison.
 
Surely if his car was hit by someone else then he has to be put back in the position he was in before...with having his car working and on the road, so it should be repaired as the third party's insurer shouldn't be writing it off...unless it's drastically financially non-viable?
 
Well I am insured through HughesIns and she was insured through open & direct insurance, but aparently both these companies use AXA ins in some way to offer insurance, because I was told on the phone that my company handled claims for open and direct as well.

Anyways the accessor came back to me today and told me that my repair costs were estimated in excess of £1000, so the insurance company would write the car off. I was offered £750 (I paid £800 about 18 months ago), but he said he had to take £50 off because I am retaining the car.

I think this is a fair offer, as its £700 cash and I am sure I can sell the mondeo to the scrappy for about 100 quid or more or else I could repair it so its driveable again. What do use think?
 
Would they accept you getting a quote of your own and passing it on to them? If it's less or around the payout value they may be more inclined to accept it.
 
I'm not sure tbh, but I am quite happy with the valuation I have been given as I basically recover the money I paid for the car and also as my uncle is a mechanic and my aunt owns a garage I can get it repaired so that it is driveable again quite cheapley and pocket the rest of the money for my new car fund :).
 
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