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Insurance - why should I be out of pocket?

I had a rear end no fault accident. I paid £2750 for the car and only had it for 3 weeks. The insurers have written the car off as a class C and offered me £2250 in settlement.

I have complained and not accepted. They will not improve the financial offer but now say I can keep the car. The best scrap value I can obtain currently is £200, still leaving me with a £300 loss.

I thought the whole ethos of insurance was to restitute me to the position I was in prior to the occurance. Obviously not! Where can I go for redress?

Asked on 24 November 2011 by 12Michael12

Answered by Honest John
The insurers will not compensate you for having paid too much for the car.
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