Insurance q.
Author
Discussion

Davie_GLA

Original Poster:

6,888 posts

230 months

Monday 11th August 2014
quotequote all
I think we need an insurance section with loon as ambassador.

Anyway, hypothetical question that came up with the boys today. can an insurance claim be withdrawn if they decide to write a car of as uneconomical to repair? The car can be assumed to be perfectly drivable with no sharp edges etc.

The reason for cancelling it would be that the amount offered for the car would not be enough for the claimant to get another car with fooling subtraction of excess.

Thoughts?

andyiley

13,624 posts

183 months

Monday 11th August 2014
quotequote all
Davie_GLA said:
would not be enough for the claimant to get another car with fooling subtraction of excess.

Thoughts?
I have no idea what this means!

Davie_GLA

Original Poster:

6,888 posts

230 months

Monday 11th August 2014
quotequote all
Sorry. Fooling should be following..

LoonR1

26,988 posts

208 months

Monday 11th August 2014
quotequote all
Monsieur, wiz zeez compliments, you are spoiling me. I think I'm more likely to end up in PH exile, rather than be an ambassador on here hehe

Yes. You can withdraw your claim at any point and make it just "for info only" for damage to your own vehicle. You can't do this if a third party is claiming / initiated the claim against you, only they can withdraw their part of the claim.


Davie_GLA

Original Poster:

6,888 posts

230 months

Monday 11th August 2014
quotequote all
Ah. I knew I was right.. I'll join you in exile.