GT-R non fault claim, like for like hire car?
Discussion
J12KJR said:
anonymous said:
[redacted]
Very well put but your argument is against a service the insurance company provide so have a go at them not someone who has chosen to avail themselves of that service.He has paid for it therefore he is entitled to it.
I wonder how much his insurance company would reduce his premium by if he said he didn't want a replacement car at all, I would hazard a guess of not much.
I don't think the OP comes across as someone who doesn't have sense of perspective on what is happening he is just looking to have his contract with the insurance company fulfilled. If someone purchases a designer label item of clothing but is sent out of the shop with a Tesco's own brand item they would want to have the error corrected, same with his level of insurance cover.
herewego said:
I think the OP just started off very badly with the opening post and it went downhill from there.
OP asks for help getting that which he has paid a premium for and it goes downhill from there. Unusual standpoint and one I don't really understand but it is your opinion and as such you are entitled to it.As said earlier the next time you pay for something and then don't get it I assume you are just going to walk away and not worry about it.
TheAngryDog said:
Out of interest, will the 3rd parties insurance company eventually come after the OP for excessive hire car costs, and the OP will have to prove he couldnt afford to pay himself etc? I am sure there is a thread on here along those lines...
I think also the fact that the OP appears to maybe have another car, may also be substantial? I'm not saying it is right, or that you should use your other car etc, but then I aren't an insurance company about to pay out an awful lot of money.....
Just a thought.
It's a minefield and it can be very expensive if you get it wrong.I think also the fact that the OP appears to maybe have another car, may also be substantial? I'm not saying it is right, or that you should use your other car etc, but then I aren't an insurance company about to pay out an awful lot of money.....
Just a thought.
There are various different ways it can go:
(a) OP's insurance covers a like-for-like car - fine, but this could increase his future premiums - might be expensive
(b) both parties' insurers are in dispute, and in the mean time the OP contacts a claims management company, with whom he signs an expensive credit hire agreement. When the car has been repaired, the other party's insurer disputes the ridiculous cost of the credit hire, and he gets lumped with a huge bill.
In this case it appears he has special cover to give him a like-for-like replacement from his OWN insurer. But there's no general principle that the other party's insurers must do so.
If you can avoid it, it's best to avoid the claims management people - the advice, if you can afford it, is to rent the replacement vehicle yourself and then get the insurer to cover the costs, rather than run up five-figure bills on credit.
J12KJR said:
herewego said:
I think the OP just started off very badly with the opening post and it went downhill from there.
OP asks for help getting that which he has paid a premium for and it goes downhill from there. Unusual standpoint and one I don't really understand but it is your opinion and as such you are entitled to it.As said earlier the next time you pay for something and then don't get it I assume you are just going to walk away and not worry about it.
RobinBanks said:
Mave said:
I'm suggesting that there may be an arguement that if he turned up for a £M contract in a mondeo instead of a RR, maybe driving clients around between meetings, for golf, for a meal, then that may influence the outcome. If he can't make that arguement, then I see no reason to provide him with a RR as no loss would be incurred with the mondeo.
Out of interest, would you choose one potential client over another because he had a Mondeo rather than a Rolls-Royce?This is a strange topic, if you pay a lot of money because you want to drive around in a nice car, and you pay a lot of money to insure said nice car, why should you not expect to be provided with something similar if your own car is involved in an accident?
Of course, something like a Mondeo is perfectly fit for purpose, but if the OP wanted to drive a Mondeo he wouldn't have paid twice the price and bought a GT-R in the first place.
If his car turns out to be written off in the accident would it be acceptable for the insurance company to pay out, say £25k on the basis that he didn't actually need a GT-R and a replacement Mondeo will be good enough?
Of course, something like a Mondeo is perfectly fit for purpose, but if the OP wanted to drive a Mondeo he wouldn't have paid twice the price and bought a GT-R in the first place.
If his car turns out to be written off in the accident would it be acceptable for the insurance company to pay out, say £25k on the basis that he didn't actually need a GT-R and a replacement Mondeo will be good enough?
Having just gone through the process of having a non-fault accident i can confirm to the OP that Accident Exchange do have similar cars to the GT-R in their fleet, though i have mixed feelings on this like-for-like business but only after i saw the hire costs of my replacement. I have a modified Mazda 3 MPS and got a diesel Insignia as the closest match they have, not exactly close but then it was a nice(ish) car so I was happy.
Anywhoo, i had the Insignia for just under 2 weeks when mine was in the bodyshop and the AMC charged the at fault insurer over £1700, for a bloomin Insignia!! That was more than the repair cost at £1500 I nearly had to go to court to get the hire costs covered, a date was set in fact, though it's all settled now.
When i was given the Insignia the dude handing the car over told me they have cars like Audi R8's but I can only imagine how much they'd charge for that car!!
Anywhoo, i had the Insignia for just under 2 weeks when mine was in the bodyshop and the AMC charged the at fault insurer over £1700, for a bloomin Insignia!! That was more than the repair cost at £1500 I nearly had to go to court to get the hire costs covered, a date was set in fact, though it's all settled now.
When i was given the Insignia the dude handing the car over told me they have cars like Audi R8's but I can only imagine how much they'd charge for that car!!
DonnyMac, good on you, I hope if the GTR is repaired it is done well and in good time. Be sure to post your opinions of the hire car. I have a GTR and an S8 and I think you would appreciate the range of abilities of the S8. Insurance is supposed to put you back in the position you started, and a Mondeo whilst yours is being repaired is not that, and not what you are insured for either. This forum appears to be taken over by Guardian readers.
Hoping to clear some things up here just for clarification.
The vast majority of people insure their cars through a mainstream company who offer a temporary replacement vehicle. This is your traditional courtesy car (Up, Adam, Ka etc) or - and a big or! if the third party insurer admit liability swiftly then it could be like for like as much as is reasonable. Lets say for examples sake the average policy costs £500. If they dont accept liability you can take a risk and go into credit hire.
The OP has taken out insurance to provide him with a courtesy car that is the same as his. He has paid an additional premium to ensure that in the event of an accident he will be provided with a similar car. Policy cost average is probably more than above so say at £750.
The issue comes when/if his insurer try and recover the costs from the third party. As the OP has stated though - HIS insurer will cover the difference in cost between the third party pay and what the actual cost is whereas with a credit hire car, the hirer is expected to pick up the difference.
The vast majority of people insure their cars through a mainstream company who offer a temporary replacement vehicle. This is your traditional courtesy car (Up, Adam, Ka etc) or - and a big or! if the third party insurer admit liability swiftly then it could be like for like as much as is reasonable. Lets say for examples sake the average policy costs £500. If they dont accept liability you can take a risk and go into credit hire.
The OP has taken out insurance to provide him with a courtesy car that is the same as his. He has paid an additional premium to ensure that in the event of an accident he will be provided with a similar car. Policy cost average is probably more than above so say at £750.
The issue comes when/if his insurer try and recover the costs from the third party. As the OP has stated though - HIS insurer will cover the difference in cost between the third party pay and what the actual cost is whereas with a credit hire car, the hirer is expected to pick up the difference.
DonnyMac said:
mph1977 said:
DonnyMac said:
mph1977 said:
the aim of an insurer is to take in more premiums than they pay out in claims and reinsurance premiums
Thank the sweet baby Jesus, you've got it, without actually getting it.I've been subsidising you by paying these inflated preimums and not claiming for twenty years...
Guess what, the insurer told me my premiums will be unaffected, not just the no-claims scam, the actual cost.
I really wish I paid more tax and it went to education.
You drive like a granny and are so crap at your job that you get sue'd relentlessly.
Spend more time on the Internet, you'll get sued less as you'll not be doing your job so badly, so often.
From the mouth of babes.
nipsips said:
The OP has taken out insurance to provide him with a courtesy car that is the same as his. He has paid an additional premium to ensure that in the event of an accident he will be provided with a similar car. Policy cost average is probably more than above so say at £750.
The issue comes when/if his insurer try and recover the costs from the third party. As the OP has stated though - HIS insurer will cover the difference in cost between the third party pay and what the actual cost is whereas with a credit hire car, the hirer is expected to pick up the difference.
Out of interest, would this affect the OP's NCB etc? I dont think it would, but technically he is making a claim on his own policy..The issue comes when/if his insurer try and recover the costs from the third party. As the OP has stated though - HIS insurer will cover the difference in cost between the third party pay and what the actual cost is whereas with a credit hire car, the hirer is expected to pick up the difference.
So, we're all agreed that DonnyMac is perfectly entitled to be enjoying hooning around in 'his' 640 or whatever until the GTR resurfaces.... Or at least we're now split into two divisive camps. (and the other lot are wrong :-)
But what about this?
Given that you could, would you buy an accident damaged GT-R? (Wakey-wakey at the back!)
The time comes to sell your OWN (no fault accident damaged and repaired according to the book) pride and joy.... Anything happening in the trouser department when asked the inevitable 'Has it been in an accident?' question?
TD
I dont think Donny should even get his car repaired. Think about it, hes got a GTR, Atom and a Maser so hes got enough money to fix it himself. I think the insurers should give the money to charity or something....
But seriously, what a load of s
t spouted on this thread. fk me, some people.
Donny, sorry to hear about the smash. We'll have to catch up soon....
But seriously, what a load of s
t spouted on this thread. fk me, some people. Donny, sorry to hear about the smash. We'll have to catch up soon....
tumble dryer said:
So, we're all agreed that DonnyMac is perfectly entitled to be enjoying hooning around in 'his' 640 or whatever until the GTR resurfaces.... Or at least we're now split into two divisive camps. (and the other lot are wrong :-)
But what about this?
Given that you could, would you buy an accident damaged GT-R? (Wakey-wakey at the back!)
The time comes to sell your OWN (no fault accident damaged and repaired according to the book) pride and joy.... Anything happening in the trouser department when asked the inevitable 'Has it been in an accident?' question?
TD
This is something that has always troubled me,let's say you have a specialist vehicle that is involved in a front end shunt.But what about this?
Given that you could, would you buy an accident damaged GT-R? (Wakey-wakey at the back!)
The time comes to sell your OWN (no fault accident damaged and repaired according to the book) pride and joy.... Anything happening in the trouser department when asked the inevitable 'Has it been in an accident?' question?
TD
After it is fixed is it worth the same as an identical factory car?
I say NO ,so should the owner be compensated by the 3rd party insurer for the difference?
I'm really surprised by PH nowadays. It's a forum for petrol heads. The OP has had his p&j damaged through no fault of his own. I really don't see why he shouldn't get a car of similar calibre to his while they are sorting his one out. Isn't that what insurance is for?
I certainly wouldn't be happy if they offered me a mondeo if I was in his shoes. I've got absolutely nothing against them, but they are not in the same class at all.
IMHO He shouldn't be made to feel guilty - he wasn't at fault and I can't see that he's done anything wrong.
I certainly wouldn't be happy if they offered me a mondeo if I was in his shoes. I've got absolutely nothing against them, but they are not in the same class at all.
IMHO He shouldn't be made to feel guilty - he wasn't at fault and I can't see that he's done anything wrong.
Gassing Station | General Gassing | Top of Page | What's New | My Stuff