Fastest insurance claim payout.

Fastest insurance claim payout.

Author
Discussion

fausTVR

Original Poster:

1,442 posts

165 months

Thursday 13th February 2020
quotequote all
My sister hit a deer in her Honda crv the other night. Deer was trapped under the car still kicking, sister was terrified, car had its front corner stoved in rendering it a write off. Deer was promptly shot by the local game warden, sis has whiplash and soreness in many places. A sorry affair but it could have been far, far worse. My point here was that this happened Friday evening and by Monday the payout was in her account. Thank you Admiral.
Has anyone heard of a quicker insurance claim?

Brett748

964 posts

181 months

Thursday 13th February 2020
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Accident at 06:15, payout agreed at 11:30 and money in two working days with Zenith via Flux. Very good service.

Jimmy Recard

17,547 posts

194 months

Thursday 13th February 2020
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Admiral was similar when a knob drove into the side of my car and then drove off. I think it happened on the Tuesday afternoon and I had the money by the Thursday lunchtime.

I would thoroughly recommend Admiral after that. Excellent, quick, helpful service. I’m not with Admiral this time because I got a much better price with Aviva, but I’d happily have an Admiral policy in future

The Moose

23,373 posts

224 months

Thursday 13th February 2020
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My grandfather used to be in the aviation insurance industry. They had a claim made one afternoon (office in London) and they had a check on the client's desk at 9am the next day (in New York).

Jimmy Recard

17,547 posts

194 months

Thursday 13th February 2020
quotequote all
The Moose said:
My grandfather used to be in the aviation insurance industry. They had a claim made one afternoon (office in London) and they had a check on the client's desk at 9am the next day (in New York).
Was anything notable found about the desk that morning?

Alucidnation

16,810 posts

185 months

Thursday 13th February 2020
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biggrin

Flumpo

4,024 posts

88 months

Thursday 13th February 2020
quotequote all
The Moose said:
My grandfather used to be in the aviation insurance industry. They had a claim made one afternoon (office in London) and they had a check on the client's desk at 9am the next day (in New York).
That is good they got out quickly to take a look, but how long before they paid out/replaced this desk?

jeffreywoodham

162 posts

108 months

Thursday 13th February 2020
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Flumpo said:
That is good they got out quickly to take a look, but how long before they paid out/replaced this desk?
American spelling, therefore correct.

Sheepshanks

37,153 posts

134 months

Thursday 13th February 2020
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Downside of a qick payment is if you've got a courtesy car they want it back very quickly too!

This threw us with our first ever write off in the family, and no spare car. Lot of pressure to find another car quickly.

MitchT

16,736 posts

224 months

Thursday 13th February 2020
quotequote all
Another downside of a quick payout is if you're still shaken up after a crash you might accept whatever they put on the table without giving it too much thought. If they take a little longer you'll have settled down and started to think rationally about the practicalities of replacing your vehicle.

Flumpo

4,024 posts

88 months

Thursday 13th February 2020
quotequote all
jeffreywoodham said:
Flumpo said:
That is good they got out quickly to take a look, but how long before they paid out/replaced this desk?
American spelling, therefore correct.
Really? Do you have a sauce?

rayny

1,664 posts

216 months

Thursday 13th February 2020
quotequote all
The Moose said:
My grandfather used to be in the aviation insurance industry. They had a claim made one afternoon (office in London) and they had a check on the client's desk at 9am the next day (in New York).
The wonderful US of A - Where they pay their checks with bills.

Jimmy Recard

17,547 posts

194 months

Friday 14th February 2020
quotequote all
jeffreywoodham said:
American spelling, therefore correct.
That’s true, but for me it was only a bit of a light hearted wind up smile

Thales

619 posts

72 months

Friday 14th February 2020
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Whiplash and soreness laugh bloody hell, how much did she get for that?

sgtbash

747 posts

151 months

Friday 14th February 2020
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This is a pretty quick timeline:

3 April: Purchased brand new Golf Gti from the showroom
22 April: Car stolen via key theft
30 April: Insurance paid out - aswell as GAP.


That was a wild month for me!

TwigtheWonderkid

46,207 posts

165 months

Friday 14th February 2020
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Aviva motor trade policy, £40K car stolen off forecourt overnight, discovered at 8:30 am. Notified them at 9am, all documents scanned and emailed to them at 10:30. Telephone call at 11 to discuss value, price agreed. Money in account at 3:30pm by chaps transfer.

RazerSauber

2,737 posts

75 months

Friday 14th February 2020
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TwigtheWonderkid said:
Aviva motor trade policy, £40K car stolen off forecourt overnight, discovered at 8:30 am. Notified them at 9am, all documents scanned and emailed to them at 10:30. Telephone call at 11 to discuss value, price agreed. Money in account at 3:30pm by chaps transfer.
I have no idea what a chaps transfer is but it sounds terrific!

Dog Star

16,972 posts

183 months

Friday 14th February 2020
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In 2001 I got knocked off my motorbike by a car passenger opening a door as I was filtering.
This happened at about 2pm on Saturday.
Monday morning I got a phone call from the car drivers insurer (AXA) telling me they'd sort everything and someone would be along shortly to collect the bike. Not a payout as such but I never had to do anything at all.

2014 got two motorbikes stolen (me and OH) from the garage - this was a Tuesday morning. One insured with Ageas, other with AXA. Ageas settlement was in the bank the following Thursday and the Axa payment the following day. I had a new MV Agusta F4 delivered the week after.

I wrote off an E class coupe on 21st November 2016 and the insurance settled the claim, paid off all the finanace, everything (no forms to fill in at all, really helpful nice people) on the 29th. I was back in an identical car a couple of weeks after that - not only that the lease co refunded me the last months rental which was very odd - and then sent me £50 as an apology for it being late.

One of these days I'm going to get one of these things that drags on for years, as karma.

cologne2792

2,149 posts

141 months

Friday 14th February 2020
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I have no idea what a chaps transfer is but it sounds terrific!
[/quote]

A bloke pops over on a motorbike with a briefcase full of cash.

TwigtheWonderkid

46,207 posts

165 months

Friday 14th February 2020
quotequote all
RazerSauber said:
TwigtheWonderkid said:
Aviva motor trade policy, £40K car stolen off forecourt overnight, discovered at 8:30 am. Notified them at 9am, all documents scanned and emailed to them at 10:30. Telephone call at 11 to discuss value, price agreed. Money in account at 3:30pm by chaps transfer.
I have no idea what a chaps transfer is but it sounds terrific!
A bacs transfer on speed!