Valuing car for Insurance payout

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QuantumJohn
4th Gear
Posts: 585
Joined: Thu Dec 16, 2004 12:56 pm
Location: Kent, UK

Valuing car for Insurance payout

Post by QuantumJohn » Fri Dec 21, 2007 1:50 pm

As many will see from the sticky post above my car was stolen several weeks ago.
Now I am really having to fit the insurance company for a reasonable payout.
Even though I have sent them plenty of research from ads in autotrader their second (and supposedly final) offer is still £2.5K short of the cheapest ad I provided.

Can anyone help or provide any advice on getting my car valued now that I don't have it? I am waiting to hear back from some Audi dealers on whether valuing a car without actually seeing it is something they would entertain but I don't expect them to put it in writting.

Parkers and Glasses don't seem to provide a good valuation of the rarer Audi's, the market value is definately somewhat removed from the figures they provide.

Cheers,
John

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derdle
Cruising
Posts: 2690
Joined: Thu Mar 10, 2005 10:24 am
Location: Hertford

RE: Valuing car for Insurance payout

Post by derdle » Sun Dec 23, 2007 11:22 am

They always threaten with "final" offers. Have a read through the policy to see what it says about valuations on total loss claims. Maybe even threaten them with taking the case before the Insurance Ombudsman (if this is possible??). What are your rights under the policy for a courtesy car? If you are permitted a courtesy car under the policy, tell them that you'll be taking a courtesy car (not a better car than the one lost) and that they will be paying the £ 500+ per week for its hire unti lthey agree to settle fairly.
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