1) Get quotes from 3 repairers, show it to the guy and get an insurance claim number off him.
2) Give the chosen repairer the claim number so they can file the repair job with the insurance company.
3) Assessor will come out a week or two later to inspect your car and approve of the repairs.
4) Once its approved you just leave the car at the repairers for a few weeks.
Thats how it worked for me anyway.
This is the best thing to do.
Everybody banging on about how cars are written off are in the most part incorrect.
The simple explanation is that if the insured/market value (in your case market value) is less than the cost of repairs and any applicable salvage value of the vehicle then it will not be written off.
As an example:
Market value = $10K
Cost of repairs = $4k
Salvage value = $2K
therefore repair and not write off.
It's a simple economic equation.
Things which affect the car value are things like the amount of kilometres, factory accessories, pre-existing damage and the general condition.
I won't get into the garbage about non disclosures for your insurance and what type of car you should or shouldn't be driving because.. quite frankly I don't want to...
I do this for a living (insurance companies are my clients) and have recently had a similar experience with a taxi driver who rode into the rear of me and i'm in the process of having his insurance company cut me a cheque after I took the car home, detailed the shit out of it and made the assessor come see it at my home in some soft lighting you could say.. lol.
Needless to say, the market value of my mums micra I was driving at the time was greatly increased by the low kilometres and the fact I made sure it was gleaming and looked totally stock when it was assessed.
Go somewhere for a quote who will not bend you over. explain to them you don't want the car written off.
You're lucky this time, good luck getting a payout, I can't offer advise based on experience as my P plater car was a rusty pulsar n15 (which I bought from a vietnamese catholic, it included pictures of mother mary on the visors, but smelt of bong water like her son had been pulling cones down the freeway) as such I decided on 3rd party property insurance but here's my unsolicited idea: your car should be crushed into a cube and you should start again, save up some money (interesting idea http://www.barefootinvestor.com/free-cars-buying-plan/) buy a jazz or something else 'slow', buy full comp insurance & get some more driving experience - all of us we can never have enough experience. Speaking of which the one thing you've gained from this is experience
Reply With Quote
Originally Posted by tiksie
omg...seen this at a meet...shame to see it get hit!
Bookmarks