Insurance
Submitted: Thursday, Mar 18, 2021 at 11:13
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141269
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7118
Replies:
2
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Pamela H2
Has anybody bought a hail damaged van and got insurance on it? Any insurance, TTP, fire and theft? Having trouble!!!!! Thanks in advance
EDIT .... FYI
After having tried 20 different insurers and brokers.....
Youi have insured it for TPP which, gives us piece of mind!
Thank you Youi ????
Reply By: Member - nickb "boab" - Thursday, Mar 18, 2021 at 20:42
Thursday, Mar 18, 2021 at 20:42
Peace of mind is when you get a payout not so when they take your money ...
although I think this may be post is most likely spam !!!!
AnswerID:
635667
Follow Up By: BobR4 - Thursday, Mar 18, 2021 at 21:10
Thursday, Mar 18, 2021 at 21:10
If the vehicle was written off by the insurance company, but still operable it would be a statutory write off. And put on a register.
As such is uninsurable.
Doesn't take much damage to write a vehicle off these days.
Best argument for agreed value policies available.
FollowupID:
913300
Follow Up By: Pamela H2 - Saturday, Mar 20, 2021 at 17:18
Saturday, Mar 20, 2021 at 17:18
It’s a repairable write off not statutory, there is a difference !
My post was definitely not a scam, I was asking for advice and after a lot of stressful research I finally found a company that would give us some sort of cover! I thought the information may be helpful to someone else in this position!
FollowupID:
913344
Follow Up By: Member - nickb "boab" - Saturday, Mar 20, 2021 at 18:50
Saturday, Mar 20, 2021 at 18:50
20 to 1 .. that would ring alarm bell for me sorry ... I didn't say scam ..
You didn't mention in your post that it was written off just that it was damaged..
FollowupID:
913350
Reply By: jeff r - Sunday, Mar 21, 2021 at 10:46
Sunday, Mar 21, 2021 at 10:46
The ins company decided to write off my vehicle with $14500 damage. I was advised by the company that it was a repairable wrie off and would payout $17500. I spoke to the repairer in Mt Isa and ask him to requote as a private job. The quote came back at $9800. I accepted that and bought the 'wreck' for $3500.
& 7 weeks later I drove it
home no problems at all and preceded to have the vehicle re registered with NSW authority which is another story for later. Nevertheless it all happened without any tears.
Still driving it! PS. I paid for a permit to drive it back
home as the rego had runout.
AnswerID:
635686