Here's my rant.
I'm having lots aggro with my insurance company at the moment having had an incident of the car rolling down a hill sort. However, the latest I was hit with today is the current market value of my car according to their "book" price, £7995 for a 2001 S2.
Where the feck to they get their "book" price from especially since I have not seen another one for sale at any less than £11500 for a dog.
Is there any way I can challenge this??
Insurance, legalised robbery?
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Wacky Racer
- Posts: 133
- Joined: Wed Sep 20, 2006 10:39 pm
- Location: The Peoples Republic of Lanarkshire
Insurance, legalised robbery?
" I'm suffering the heatbreak of sobriety"
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Wacky Racer
- Posts: 133
- Joined: Wed Sep 20, 2006 10:39 pm
- Location: The Peoples Republic of Lanarkshire
Sugar I am with Admiral till July , keep us posted with what happens please.simon wrote:Get adverts from MMC if they have any similar age cars too. Admiral are a bunch of fcukers when it comes to claims, hope you get it sorted. £8k is taking the utter piss!
No lotus
Exige Sport 350 (Sold)
Elise Cup 250 (Air con and radio tubby spec) (Sold)
Evora S (sold)
Exige Sport 350 (Sold)
Elise Cup 250 (Air con and radio tubby spec) (Sold)
Evora S (sold)
I was with Admiral, has taken 7 month to get a cheque out of them. 
They say they use Glasses Guide, and valuation from the month of the accident.
But when I spoke to the claims department, she was on Autotrader trying to find a similar spec car. Which she couldn't fine 'cos the search she was using was to narrow. "I was being kind to you by only putting in 20,000 miles"
I was then offered a silly amount. I pointed out a load of cars around the same spec, and commented they were all at least £1500 more than she had just offered, AND that was todays price, NOT 7 months ago. 
New offer came 3 weeks later, and would you belive it was £1500 more! 
So, lost about £1000 on the price I paid 7 mounth previous to that Didn't think it was that bad concidering all the fun and adventure I had in it
Mine just probably needed a front clam and some T-cut but they wrote it off. Stick with it, remind them that you are their customer, and they should have your best interests in mind, and if all else fails mention the Finacial Ombudsman Services 
They say they use Glasses Guide, and valuation from the month of the accident.But when I spoke to the claims department, she was on Autotrader trying to find a similar spec car. Which she couldn't fine 'cos the search she was using was to narrow. "I was being kind to you by only putting in 20,000 miles"
I was then offered a silly amount. I pointed out a load of cars around the same spec, and commented they were all at least £1500 more than she had just offered, AND that was todays price, NOT 7 months ago. New offer came 3 weeks later, and would you belive it was £1500 more! So, lost about £1000 on the price I paid 7 mounth previous to that Didn't think it was that bad concidering all the fun and adventure I had in it
Mine just probably needed a front clam and some T-cut
but they wrote it off. Stick with it, remind them that you are their customer, and they should have your best interests in mind, and if all else fails mention the Finacial Ombudsman Services No, No! not Bloke. It's pronounced Black, as in Plaque
Re: Insurance, legalised robbery?
I`d best not tell you what I paid for mine then.....Wacky Racer wrote: Where the feck to they get their "book" price from especially since I have not seen another one for sale at any less than £11500 for a dog.
Is there any way I can challenge this??
But going from past experience like folk have said, pick out the dreamers who are after silly money like the £15k sports tourers and fire them off to your insurance co.
Its a game.
Re: Insurance, legalised robbery?
In fact, get a whole load of SE'rs to stick their cars on pistonheads at silly high pricesjj wrote:
But going from past experience like folk have said, pick out the dreamers who are after silly money like the £15k sports tourers and fire them off to your insurance co.
Its a game.
That's the idea