excess

[sheila2155]

i had a bump. the other driver has claimed fault was his. i have excess of �350 on my insurance. since the claim will be against the other driver do i pay excess? also i had the car insured for �1000. will I get that or the market value of the vehicle?

[whas like us]

if you claim through the other drivers insurance your excess dosent come into it. if the other driver denied liability then you would have to claim your own insurance and your excess would then come into the equation.if you do not have legal cover on your policy you would have to pay the first �350 . if the car is not of high value the insurance company would normally offer money to repair car yourself and let you keep the car. the money they offer is never enough to get repair done .

[sexyrussiann]

Was the other guy called David Chandra? Don't ask just answer,yes,or no.

[sheila2155]

no!!

[sheila2155]

if the money is never enough to get the repair done why do we bother? will I get what i put down in the policy for the car's worth, ie �1000?

[whas like us]

you will only get what they value it at and that is usually nowhere near what you think it is worth.

[sheila2155]

insurance companies are ripping us all off then --- aren't they?
is there a regulator we can complain to?