Car written off

[mustapha]

Has anyone ever had a car written off in an accident? My GF was recently hit from behind in the wet and her car is now a write off. The guy that hit her has claimed responsibility for it and the valuer from his insurance company is coming out to see the car. If the car is deemed to be a write off by the assessor we should receive market value for the car. How is this value determined i.e. is the value based on dealer prices or private sale prices? What happens if we disagree with the valuation?

 

[rfctigerarmy]

Isn't the value dependent on what your insurance company says?

 

[mustapha]

Isn't the value dependent on what your insurance company says?

We have third party fire and theft insurance up to a value of $5000. If my GF caused the accident she would get nothing. As he is responsible I believe that the value is determined by his insurance company. Our insurance company has very little involvement. I will give our insurance another call but was just wondering if anyone else had experienced a similar situation.

 

[Leper]

...My GF was recently hit from behind in the wet...

Sorry about that. I'll try to tee off on the front 9 next time

 

[mustapha]

Sorry about that. I'll try to tee off on the front 9 next time

Do you have insurance?

 

[St 07]

I randomly hit a boulder while travelling about 40 behind a car on a dirt road. Glad I wasnt going faster but so sudden and so damaging. it's 'written off' but i bought a grand and a half worth of replacement parts from my mates car wrecking company and now it's driveable again

 

[Tormented Tiger]

Each car has a market value and then the assessor looks at the condition and de-values it from there. You will lose out. Had 3 cars written off in 1 year and the 3 noggins that hit us were all insured with RACV.

 

[sprockets]

If you're unhappy with the "market value" assessed by the insurance company you can negotiate it with them. Our next door neighbour had her car written off and the original assessment was under $5000 but she negotiated and ended up with $7000 I believe.

 

[Qsaint]

Has anyone ever had a car written off in an accident? My GF was recently hit from behind in the wet and her car is now a write off. The guy that hit her has claimed responsibility for it and the valuer from his insurance company is coming out to see the car. If the car is deemed to be a write off by the assessor we should receive market value for the car. How is this value determined i.e. is the value based on dealer prices or private sale prices? What happens if we disagree with the valuation?

There is an industry guide for valuation. Look at one of the cars.com.au to get an idea. Condition and Kms decide where you sit in the band

 

[mickyj]

Its funny my LAST car was a 1980 sigma .Don't laugh she was a very good car when I first got her ended up being heavy on petrol and being to small for my famlies needs in the end .
I ran up the back of a manga wagon,the guy looked at my car said you wouldn't have insurance pay me this much .
I said no way phoned my insurance company up thought they'll fix her up. Ended up being $2'600 dollars damage to car I payed $2'500 for . You would've thought they'd write it off but they didn't.
At the end of owning the sigma I would leave her unlocked due to her locks being vandalised no one would steal her so I couldn't get the insurance money .
Insurance companies are getting a bit harder on writing off cars workmate has a sports car twice in a couple of years it should've been sent to heaven but in each case its been fixed .

Oh and the sigma is still going strong sold it to a family friend .And it still can not get stolen (they don't have her insured)their better car was stolen from home and burnt out.Guess which car was unlocked and sitting next to the nicked one .