INSURANCE BEWARE

[BRUCE182]

I had my Clio 182 stolen six weeks back and just got off the phone from the insurance company,when i insured it i told them it was a 182 with cup packs,so that there would be no come back in the event of accident.They told me they would insure it has a 182CUP(due to performance increase) but with the value of a full182,but now its come to paying out time they are only wanting to pay me for a CUP.The payout they offered was £10.500 for my car which was only five weeks old.So members it might be worth contacting your insurance companys to see exactly what your insured for,because these people look at ways to get out of paying up.

 

[Griff]

Tell them to f*ck right off..

 

[Day]

Never accept the first offer either mate.

 

[entjm]

surely they will have records of your conversations? ask them to review what THEY said before.

also contact the insurance ombudsman (sp?) they should be able to help. theres loads of laws about descriptions of service, contractual agreements and whatnot that you will be able to get them on. (busness law exam tomorrow )

the way insurance works is a massive joke the whole system needs to be reviewd IMO. that and pikeys without insurance bumping ours up... oh and garages charging over the odds to insurance companies for repairs... mmmm got me all wound up thinking about it!

 

[BRUCE182]

Tried that not willing to up offer,but luckly i have a new for old policy for the first 12 months,so i have had to agree for them to get me a new car which strangly is going to be a 182 with packs not a CUP.But i was wanting the money due to the fact that the lead time is going to be around six weeks,so that makes it 12 weeks without a motor.

 

[Da]

exactly...surely under the vehicle registration details its not registered as a cup so how the hell do they expect to get away with paying you for one? Its like the complete reverse of insuring a RS Turbo as a standard 1.3 escort, then expecting to be paid out for the turbo when its written off... Tell them to go to hell mate and dont be fobbed off!

 

[BRUCE182]

The problem is,you can take the first amount of money then argue for more but that could take a few weeks,and in the mean time youve know idea how much you can spend on a repalcement.I might have confused issues the £10.500 is what they think a full 182 with cup packs are worth.the insurance companys dont know anything about these cars.Its me that believes their paying out on CUP prices.Thes guys get the prices from looking in autotrader website.what do you think £10.500 for five week old car?

 

[Toypop]

My neighbour just bought a 1000 mile pre reg Cup for £11500 from a not so local dealer. SJ Cooks in Bristol sold me neighbour a shagged year old, 10k full 182 with Cup packs for about £13k so.....

If SJ Cooks had nicked your car it would be on the forecourt for a few hundred notes less than the brand new LIST price.

 

[paddymph]

wat does it say youve insured on your policy documents?

are the phone calls to the insurers/brokers recorded?

 

[BRUCE182]

On the insurance policy it says 182 cup but they are aware now that it was a 182 with cup packs,but its has if they dont know what to price up against.Myself and the valuation dept where looking through the autotrader website when they kept spotting one but kept picking out cups they just cant seem to work out the difference between both, so want to value in my opinon the cheapest.I dont think i was been greedy when i asked for £12000 when you take in consideration we pay insurance for the full value not the cheap deals we can get from internet brokers etc. my local dealer when i went to buy mine wanted £15000.