Happy New Year - Not for me
Discussion
Thats very strange as the insurance company confirmed to me in writing the car was Cat B as I asked for the cost to buy it back if Cat C.
I asked the insurance company if I could apply to change from Cat B to C and they advised as they car has been paid out and they have listed as Cat B this can not be changed.
Someone is stretching the truth.
I asked the insurance company if I could apply to change from Cat B to C and they advised as they car has been paid out and they have listed as Cat B this can not be changed.
Someone is stretching the truth.
And here it is, for sale as Cat C. http://www.ebay.co.uk/itm/TVR-SAGARIS-4LTR-SPEED-6... it's all very sad really, to see such a beautiful rare car in such a state, but that's no comfort for you D1ckie.
i find this all strange as the car has not come up for sale at any salvage auctions so how have tvr dean bought the car all insurance companies sell there salvage through salvage auctions something under hand has gone on in my opinion i have been waiting for a sag insurance write off to come along for a while now as a project so i check all salvage auctions on a regular basis.
out of interest who was the salvage company?
out of interest who was the salvage company?
same here if it was mine i would be demanding answers i was always of the impression you are entitled and have first chance to purchase the salvage of a cat d,or c, car if it is your car and you have an accident and they pay you out and i was always of the thought that you can buy the salvage back for a very low 10%ish of the pay out value this said thats probably why as they new they could get more!!!!! i would not be leaving that go if you have the fact in writing they told you that it has been classed as a cat B then you need to get on the phone to them asap!!!!
sean j g said:
same here if it was mine i would be demanding answers i was always of the impression you are entitled and have first chance to purchase the salvage of a cat d,or c, car if it is your car and you have an accident and they pay you out and i was always of the thought that you can buy the salvage back for a very low 10%ish of the pay out value this said thats probably why as they new they could get more!!!!! i would not be leaving that go if you have the fact in writing they told you that it has been classed as a cat B then you need to get on the phone to them asap!!!!
i`m not sure that the original insured has the right of buyback but by issuing a Cat B classification that courtesy has been automatically withdrawn.This is an issue between the insured and their insurance company,they,the company, have 8 weeks in which to supply a suitable explanation to any complaint by the insured,should that not be forthcoming it`s a trip to the financial ombudsman who will most defiantly act on behalf of the insured.
The car was at Ilford Commercial in Essex. I was looking for some parts so was in touch with them. They indicated it was Cat B so would be broken by whoever bought it. However the chap had not received the paperwork from the insurance company at that time. I think Dean and Glen at TVRdean were aware of it, so I guessed they would look to buy it. Sounds like the insurance company changed their mind at moved it to a Cat C. I guess they worked out it was repairable and they would get more money back as a C rather than a B. Don't think you can blame Ilford Commercial or TVRdean here, probably also will find the insurance company has the right to change their mind. Their view will be that they paid out on the car to the owner, so it's their decision if they decide to change the category on what at that point is their car.
C
C
^^ Nonsense. If they've done that knowingly then thats as close to insurance fraud as you could get. Categorise it so it can't be repaired or sold back to the owner, then once you've paid out, recategorise it to a cat C which would leave the value much higher than a cat B.
OP, as i'm sure you're already doing, get in touch with the insurer asap and find out the full facts first but on the face of it, somethings definitely gone on which it shouldn't have.
Having said that..
OP, as i'm sure you're already doing, get in touch with the insurer asap and find out the full facts first but on the face of it, somethings definitely gone on which it shouldn't have.
Having said that..
the internet said:
Les Elliott, Chairman of MIAFTR and a representative of the ABI Salvage Code of Practice adds: "The ABI Salvage Code specifically states that where an Insurer takes control of total loss salvage, such as a Category B, it is broken for spares and the body shell crushed. However, where a person retains the salvage it can be returned to the road, but is subject to a VIC if the V5 is surrendered to DVLA." Until the VIC marker is removed, the DVLA won't issue a registration certificate V5C. However, the VIC test alone is not a safety test and anyone looking to buy a car that has passed a VIC should seek to have it independently inspected by Autolign or Thatcham.
The insurance company took you for a ride....
Two years ago the same think happened to me leaving a roundabout and the Sag ended up hitting a tree.
I bent the chassis and need a new front end. Insurance company inspected the car and although they said the chassis could be repaired they went for a new one. So a brand new chassis was fitted along with the other repairs the bill was £17k. Much cheaper than paying out over £40k if cat C.
It drove perfect when it came back as it was repaired by a well known TVR specialist. Better than new as the chassis was subject to much better treatment than the factory did before the garage fitted it.However the repairs took 3 months
Two years ago the same think happened to me leaving a roundabout and the Sag ended up hitting a tree.
I bent the chassis and need a new front end. Insurance company inspected the car and although they said the chassis could be repaired they went for a new one. So a brand new chassis was fitted along with the other repairs the bill was £17k. Much cheaper than paying out over £40k if cat C.
It drove perfect when it came back as it was repaired by a well known TVR specialist. Better than new as the chassis was subject to much better treatment than the factory did before the garage fitted it.However the repairs took 3 months
Edited by sportie on Saturday 30th March 11:02
How on earth can an insurance company 'change their mind' over the clssification of a write off ??
Look at it this way, public forum, owner documents car is classified Cat B by insurance co, has proof in writing, insurance co re-categorise Cat C - something against DOT rules perhaps, someone buys and repairs car, and has major accident and cause is identified as due to failed component damaged in previous accident where insurance co declared car as not safe to be returned to UK roads??
Insurance Co liable for big claim ??? what if someone dies in that 'repaired' Cat 'C' car ???
Look at it this way, public forum, owner documents car is classified Cat B by insurance co, has proof in writing, insurance co re-categorise Cat C - something against DOT rules perhaps, someone buys and repairs car, and has major accident and cause is identified as due to failed component damaged in previous accident where insurance co declared car as not safe to be returned to UK roads??
Insurance Co liable for big claim ??? what if someone dies in that 'repaired' Cat 'C' car ???
The guy at Ilford Commercial was expecting it to be a Cat B, but he had not had the paperwork through from the insurance company. I presume that when the paperwork came through it was Cat C and not B. Might be that this was the first formal categorisation in writing following assessors report. There's a lot of facts missing here before concluding.... On the plus side I suppose it keeps another Sag on the road, trusting that it is properly and safely repaired.
Thanks for all the advice, I have emailed the insurance company on Thursday but without response. For me it is a simple difference between buying mine back and repairing it or buying another of similar age and milegae and the difference to me will be at least £10K
For the record the insurance company quoted the following in writing on 15/02
Hi Mr Birchwood,
I can confirm your vehicle has been deemed a category B total loss.
For the record the insurance company quoted the following in writing on 15/02
Hi Mr Birchwood,
I can confirm your vehicle has been deemed a category B total loss.
Gassing Station | Tamora, T350 & Sagaris | Top of Page | What's New | My Stuff