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Its been a while sine I've needed to use insurance, but since a young girl totalled our parked car last week...Apologies if they seem like numpty questions
Is it still a case of refuse the 1st offer?
Will the insurance go up, can I claim for it, and how long do I get the hire car 4?
Thanks in advance. P.
Best thing to do is look online for similar cars to yours including any options your car had installed. Look at the price similar cars are selling for then send links etc to your insurance company. A while back my SO crashed hers but it was a top of the range, the insurance wanted to pay out for a base model which was around £2k less - i just sent in prices of similar cars with similar milage and received a decent settlement.
Usually as soon as they pay you out, the hire car goes. Always do your homework for the car value now, so you are ahead of them for the vehicle value. It will speed up the process of completing the case.
As for insurance increase. When a driver hit our car ( and tried to drive off !!) since the claim was 100% the other drivers fault, our insurance didnt change in renewal to show any increase and I 'think' it went down a bit. When renewal comes up, always shop around anyway. The websites will ask of any accidents and you can just put it in and say the other driver was at fault.
Good luck and let us know the outcome.
What Jonk says - over 20 years since I dealt with claims but we'd make an offer based on the engineers info and Glasses guide (the trade value Bible). If the offer was rejected you'd have to show that we'd got the car spec wrong or that they were selling for more. Bear in mind that what a garage or seller advertises a car for may not be the actual market value.
I'm out of practice re hire cars - I presume the fundamental legal position that you have a duty to minimise your costs still stands.
My parents wrote off their Honda Jazz three weeks ago. They got an initial offer of £3500 from the insurer.
A quick look on eBay and autotrader brought up 6 results for cars of similar age , mileage and spec ranging from £3800 (private sale) to £42250 (dealer car)
These were shown to the insurer and they settled on an offer of £4000 and the money was in my parents’ account 3 days later.
Thanks All
Over £40K for a Honda Jazz?
Daughter's VW Up was written off by a lad driving into the side if it and the insurance co. offered £16 more than we paid the VW dealership for the car 12 months earlier!
In other insurance news I re-insured our golf today.
Renewal letter was £360, confused.com quotes started at £260 which I though was OK. I then remembered that someone drove into the back of the golf in July so had to add that accident/claim.... Got new quotes and the cheapest was £206 with £95 excess!
🤷🏻♂️
I had some oddness like that at renewal time last year. Decided to remove the voluntary excess, thinking it wouldn't make much difference to the cost now I'm old. Price went down. Eh?!
I got what I'd decided to accept for mine when it had a simillar fate days before going on auto trader.
No effect on premiums, I didn't need a hire car, they were desperate to give me one tho.