Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Please note that it is not permitted to have referral links posted in your signature. Keep these links contained in the appropriate forum. Thank you.

https://www.boards.ie/discussion/2055940817/signature-rules
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Someone actually burned my car !!! What is the value

  • 18-01-2012 12:16am
    #1
    SeanFxx
    Registered Users, Registered Users 2 Posts: 34 ✭


    Hello,

    Well someone actually burned by car! I thought it was something that was only done for making fraudulent claims, but apparently not.

    I'm going to have to deal with my insurance company now and I would like to know how much I should expect to get from them and how long I should expect to be left waiting? Its a Navy 2001 2 door Ford Focus 1.6 Petrol.

    Thanks


Comments

  • #2
    David09
    Registered Users, Registered Users 2 Posts: 541 ✭✭✭David09


    What a bizzare thread... I'd imagine very little, maybe 1000 euro? You will only get the current market value for it unless you can prove it was in better condition or worth more. As for what it's worth now, that all depends on how badly damaged it is....

    Also, bear in mind that if it was bad enough for the fire tender to be called out, it will cost in the region of 450 euro, depending on which county council area...


  • #3
    SeanFxx
    Registered Users, Registered Users 2 Posts: 34 ✭SeanFxx


    Would they find the value based on trade prices or private prices (autotrader)


  • #4
    Chimaera
    Registered Users, Registered Users 2 Posts: 1,652 ✭✭✭Chimaera


    Probably somewhere inbetween. There's a magical 'book' value which is compiled monthly based on the market behaviour. One thing you can be sure of is they'll offer you less than it'd cost to replace it. Don't take the first offer.

    Find examples of the model with similar age/mileage for sale and present that to the insurer as evidence of what it'll cost you to replace the vehicle. Ideally insurance is supposed to cover the cost of you replacing the vehicle, but they'll try and beat you down on this.


Advertisement