My car was stolen, and driven to excess, in that there is now a knocking sound coming from the engine, that wasn't occuring before. I think it has been rallied about at excessive speeds.
The car does not look badly damaged - needs a new passenger door due to the way they broke in, and ignition wires have been pulled out.
I put it through an M.O.T less than 1 month ago, costing me £160, and I also have an excess of £150 to pay in order to claim my insurance. Currently, there is a bill of £150 increasing by £20 per day as it is in storage at a recovery garage. The car is only worth around £500, but my main concern is the damage that may be unable to detect i.e. the damage done to the engine.
Is it likely that my insurance co will write the car off? I am wary, that they will want to repair it, and it costs me £150, when the engine might seize a week later due to the way it was driven?
Any advice?
2007-11-10 08:36:48 · 7 answers · asked by ♥Miss Inquisitive♥ 5 in Cars & Transportation ➔ Insurance & Registration
Chances are with that much damage the insurance will decide to WRITE (not right, I can't believe the answers you got using that term) off the vehicle and give you fair market value when they do. If that happens they will also take care of the towing company bill. But before you make any decisions, wait and see what the insurance company does.
2007-11-10 09:53:04 · answer #1 · answered by oklatom 7 · 0⤊ 0⤋
Here in the U.S. a 'knocking' in the lower end of an engine would probably spell doom for a vehicle with that value. Even if it were repaired and the engine did indeed seize a week later most insurance companies I know would attribute the seizure to the loss and cover the cost of replacement engine or total the car.
2007-11-10 10:00:16 · answer #2 · answered by Anonymous · 0⤊ 0⤋
SORN it... keep it of the road... at only £500 scrap it. Even if you could get a replacement engine... it would cost you the 500 quid to put in. Get rid of it.... tell DVLA that of course. Better still , you hope that the Insurer WILL write it off. You could buy another very good car for a couple of grand.
2007-11-10 08:51:16 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Your insurance company will only repair the body work damage because its visable, the insurance company would not no if the engine was damaged before or after, but please remember, all insurance companies have different policies. if the repairs are a lot more than the car is worth then they would simply right it off. get the engine checked out first, it may well be a slight fault.
2007-11-10 08:58:04 · answer #4 · answered by dj_tonic2004@yahoo.co.uk 2 · 0⤊ 1⤋
To you the car is worth less than £350 and I think Glasses would value it at less. I think it will cost more to repair than it is worth, and certainly the storage costs are more than it is worth. I'd get them to write it off and hope I got back a bit more than £50
2007-11-10 08:41:56 · answer #5 · answered by Scouse 7 · 1⤊ 0⤋
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2007-11-11 03:25:12 · answer #6 · answered by Anonymous · 0⤊ 0⤋
if car is only worth 500 they will write it off as they price up panels from new then the cost of spraying and labour for fitting.
2007-11-10 10:24:35 · answer #7 · answered by gary l 2 · 0⤊ 0⤋
it's more likely they will right it off
2007-11-10 08:40:40 · answer #8 · answered by billabob 2 · 1⤊ 0⤋