What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks
My car was written off as a Cat N - what is its insurance value now?
My car was written off in 2018 and is classified a Cat N. I had another non-fault accident with the same vehicle. The market value they paid at the first accident was £3000. Because the car has a category, at the second accident they don't want to pay me more than £1000 and for fixing the car by myself £500. Is this a fair judgement?
Asked on 21 March 2019 by Cecilia
Answered by
Honest John
The general rule of thumb is to reduce the value by 20% from a retail figure, if it has a previous categorisation attached. It does also depend on whether the vehicle has pre-existing damage - did you repair the old damage and what standard was it done too? If it is a poor job, then it may well only be worth £1000, if it was done to an impeccable standard, I would expect the value to around the £2500 mark. You can always dispute the value. If you are dealing with the at fault party directly, you may well have shot yourself in the foot though, as you cannot escalate to the Financial Ombudsmen service.
We give you the low down on how to save on insurance, little-known tricks and tips, what insurance groups mean and how to use insurance aggregators to beat insurers.
Insurance group finder and how to save on insuranceSimilar questions
My car has been deemed a Cat N (uneconomical to repair) but I want to keep my car as my husband bought it before he died. I have been told my excess and salvage cost will be deducted from the settlement...
I have recently been involved in a car accident where I was not at fault. The car's damage, which was mostly done to the front bumper on the driver's side, was reasessed by my insurers and deemed to be...
Elsewhere on 
.jpg)
