"Constructive Total Loss"
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Jeez, How hard did you get hit in a car park? My 159 2.2 Ti was rear-ended by a white van a few weeks ago and the third party insurer is repairing that. Needed new boot, bumper and boot floor. Maybe you can get another company to visit the car and estimate for the repair costs and see if you can get it done cheaper to prevent the write-off?
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Damages are considered as a total loss than recovery costs are higher than some particular level.
This level is varied between insurance companies amounts to 60to80% of value.
I am not a specialist for you local pricing to say 5,5k is OK or not.
But it is definitely depends who would title the residuals to be included into calculation. Normally insurers are not willing to deal with it and would try to credit it to owner.
This level is varied between insurance companies amounts to 60to80% of value.
I am not a specialist for you local pricing to say 5,5k is OK or not.
But it is definitely depends who would title the residuals to be included into calculation. Normally insurers are not willing to deal with it and would try to credit it to owner.
As above, do some legwork and find adverts for similar age/condition models of your car and then submit these to the insurers stating what you think it is worth. They have a duty to mitigate their losses but if you can prove they have offered below true value then they will negotiate. I had exactly this issue with a car previously so my full sympathy to you!
I hate insurers...they are nothing but bookies laying odds on your risk in driving your choice of car. When crunch comes and its a genuine claim they should just bite the bullet and bl**dy well pay up without any fuss or issues :irked:
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