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another one bites the dust?

My understanding was the agreed value had little bearing on the ultimate value if they had to pay out....but that might just be me being cynical. I do remember being told that somewhere though.

As far as I know, an officially agreed value is a binding agreement. This does, however, put the responsibility for the valuation squarely in the court of the insuree. (is that a word??[&:])

Obviously, if I declared that my pretty average 1986 Lux was worth £25k, they'd have an argument that I had lied my butt off in the hope of a huge payout. If, on the other hand, I get an official Club valuation - free of course [;)]- and they agree to it, then that must be exactly what they will pay me in the event of a write-off?

 
Rob,
Just noticed the thread, really sorry to read of your misfortune.
Difficult to take account of the fellow behind all the time.
George
944t
964rs
 
he wasn't even behind! I'd been in a traffic jam for 10 mins or so, crawled forwards a few times but guy behind had left a big gap. outside lane started moving, then really moving when my man decided to lane change without noticing my lane still stationary. luckily i'd left (just) enough room to avoid the front of my car being re-modelled too. think that's why i'm quite freaked out by it - even with the benefit of hindsight there was nothing i could have done (apart from being in the other lane but my exit junction was imminent).
 
same thing happened to me once. I was sat on a country road waiting to turn right into a garage . After several minutes something `told me' to look in my rearview where I saw a huge 4x4 rangerover bearing down on me at about 40mph with a woman looking out the side window on the cell fone. Luckily I was in 1st so I floored the car and we must have done 100 yds with her on my bumper and all the while my tyres squealing.

She nearly passed out ! I needed a new pair of strides!
 
Sorry to hear of this misfortune. Living in Preston and looking for another 944 to play around with, this would have been an ideal project.
 
I feel gutted for you [&:]
You have had it for so long, you must be feeling quite bad right now.

Let us know how you get on, hopefully it's not as bad as it sounds.
 
Alas Paul! That's not good news - I'm very sorry to hear it.

I'm guessing you did sell your turbo eventually, and this will therefore leave you 944-less. Will you buy another one?


Oli.
 
Very sad news, especially given all the work earlier in the year. Don't make any decisions in excessive haste.
 
Paul,
Bad news indeed, Dave Garner did battle with the insurance company when the back of his Turbo was shunted he got them to repair it, if you want me to i will have a chat with him and see what his angle of attack was.
Cheers Jim.
 
Since you got rear ended - thus presumably his fault - isn't it down to his insurers to return you to the situation you had before he rear ended you, irrespective of cost?
 
Since you got rear ended - thus presumably his fault - isn't it down to his insurers to return you to the situation you had before he rear ended you, irrespective of cost?

Indeed. Sadly the fact is that this might well be a total-loss payout of the book value of the car. That's just the way insurers work. You insure a car that is priceless to you, yet they see as worth a couple of grand. That's what they pay you to return you to the original position.

Of course the big problem is that this is a car worth a whole load more than book price. With it not being on a limited-use policy with an agreed value, it's open to the insurers paying out what they call "fair market value". If you don't have an agreed value on your insurance please do this for me? Go to the "webuyanycar" website and be very honest about entering details like stone chips and parking dinks. You'll be shocked by the value they give your car, insurers will be looking to pay you something similar if you need to claim, regardless of who's at fault. [&o]
 
Sorry to hear that Paul and glad you are okay. I was going to say at least it wasn't the Turbo (not that it helps) but it sounds like you may have already sold it - I must have missed that!

I've just had a similar issue with my old Saab in battling the insurance company for a reasonable payout, so all I can suggest is start compiling evidence of any similar cars at decent sale prices to combat them with when they come back with their first offer. It pays to keep on at them and let them know you are not going to lie down and take any old offer. Good luck.

Regards
 
Paul,

If worst comes to worst, are you in a position to break it yourself? Otherwise, it might be worth discussing here with the likes of Elliot and Alasdair...

I'd love to say I have the space if it comes to...
 

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