Evening everyone,
I need advice following an accident that was not my fault. I have an independent witness who is a DCI so I fully expect to be vindicated as 'not at fault' but no guarantees until the f*t lady sings!
My insurance company pointed me to Auxillis, a credit hire company, but I object to their business model as these companies are what's wrong with the motor insurance industry and a primary reason why premiums go up every year. I've reverted back to the insurance company to resolve but they have decided that's it not economic to repair. They've classified as Cat N, no structural damage. I don't have a payout value from them yet I need to maximise the payout. I had the engine completely rebuilt 3 years ago by Hartech. Bills to proove cost as £12k. I've also replaced all bushes (another £2k).
Whats value can I expect? How can I maximise the payout? What should I do to suport my high valuation of the value?
Should I purchase the car myself, typically 20%-25% of the writeoff value and then sell the engine / gearbox separtely before selling the car to scrap / dismantlers?
All thoughts and suggestions greatly appreciated.
Thanks
Shahid
I need advice following an accident that was not my fault. I have an independent witness who is a DCI so I fully expect to be vindicated as 'not at fault' but no guarantees until the f*t lady sings!
My insurance company pointed me to Auxillis, a credit hire company, but I object to their business model as these companies are what's wrong with the motor insurance industry and a primary reason why premiums go up every year. I've reverted back to the insurance company to resolve but they have decided that's it not economic to repair. They've classified as Cat N, no structural damage. I don't have a payout value from them yet I need to maximise the payout. I had the engine completely rebuilt 3 years ago by Hartech. Bills to proove cost as £12k. I've also replaced all bushes (another £2k).
Whats value can I expect? How can I maximise the payout? What should I do to suport my high valuation of the value?
Should I purchase the car myself, typically 20%-25% of the writeoff value and then sell the engine / gearbox separtely before selling the car to scrap / dismantlers?
All thoughts and suggestions greatly appreciated.
Thanks
Shahid