My insurer have paid out for a total loss - how do I make sure it's an accurate valuation?
My insurance company have said my car is total loss. I put in an estimated value of £700, which is what they say it's worth (minus my excess). Do they only pay out what my estimated value was? How do I know this is correct?
Asked on 26 July 2017 by DEBRA TURTON
Answered by
Honest John
They should pay out the market value at the time of loss, it should not matter what value you place on it. The best way is to look in the marketplace and see if you can replace it for the sum offered.
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
I have a 1994 Mercedes-Benz E280 auto.It's had one owner and done 41,000 miles. What would you value it?
What can I do if I don't agree with my insurer's write-off valuation?
I was rear ended yesterday in my 2002 Mazda MX-5. It's in excellent condition. As the boot floor has been pushed up, I fear it will be written off. It has the optional hard top. What do you think I should...
Elsewhere on 
.jpg)
