Notices
ScoobyNet General General Subaru Discussion

When do insurance companies decide to right off

Thread Tools
 
Search this Thread
 
Old Jan 5, 2004 | 04:37 PM
  #1  
LeighJ's Avatar
LeighJ
Thread Starter
Scooby Regular
 
Joined: Oct 2001
Posts: 595
Likes: 0
Question

At what percentage of the cars value will they (in this case the Norwich Union) decide to right off a car.

Scoob got stolen in September and it's still in bits and I'm getting a bit p*ssed off now.

Cheers,

Leigh
Reply
Old Jan 5, 2004 | 04:48 PM
  #2  
RichWalk's Avatar
RichWalk
Scooby Regular
 
Joined: Feb 2005
Posts: 17,450
Likes: 0
From: "Comfortably Numb" since Aug 2003
Post

Insurance co. usually have their own equations for wking this out- r.mber they will always try & make dosh so look at worst case secenarios, ie what is bottom repl.ment cost for your car/ what is top quality repair going to cost- if the first value is lower than the second they usually write-off.

You need to get advise from NU on their policies.
Reply
Old Jan 5, 2004 | 04:49 PM
  #3  
nellie's Avatar
nellie
Scooby Regular
 
Joined: Dec 2002
Posts: 1,083
Likes: 0
Post

i believe if it costs more than 75% of the value to repair.
Reply
Old Jan 5, 2004 | 04:53 PM
  #4  
LeighJ's Avatar
LeighJ
Thread Starter
Scooby Regular
 
Joined: Oct 2001
Posts: 595
Likes: 0
Post

The NU have told me it's 100% of current value, surely this cant be true, can it?

Leigh
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
KAS35RSTI
Subaru
27
Nov 4, 2021 07:12 PM
JTaylor
Non Scooby Related
202
Dec 25, 2016 09:14 AM
Abx
Subaru
22
Jan 9, 2016 05:42 PM
TurboAndy
Insurance
2
Oct 18, 2015 08:01 PM
Iqy7861
Insurance
5
Oct 1, 2015 07:57 PM




All times are GMT +1. The time now is 08:55 PM.