Why Do We Let Insurance Companies Get Away With It?

[dave1]

if someone were to bump me, i know for sure they would write it off... the labour charges alone would exceed the 3qtr value in most accidents with this car. They'd prob offer 700minus excess which takes the p!ss

If someone bumps you and it is their fault then you won't pay any excess. The excess only comes into play if your own insurers pay and not if the other drivers insurance pay.

Its still down to you to get your excess from the other party and prove you have done so. I know this is normally done through your claim handlers but if you dont they will knock you NCB and up will go your premiums for many years to come.

Mike

All I know is that I was rearended in March and I had a letter from her insurers within 3 days admitting her liability. I went through my insurers however who assured me that I would not pay any excess (which I didn't) and they claimed the whole amount from her insurers. The repair work came in at around £1700 + recovery from Devon to Coventry and 3 weeks car hire. I turned down an offer of a new BMW 7 series from a "claims management firm" who phoned me within a few hours of the incident.