anyone work for a car insurance company here?

bigmark · 15th February 2009, 06:38

got a question.

if i get my rover 820 back on the road after it was a cat C write off, so all the work that is needed is done and its mot'd and i get the vic check done. does it work out more to insure as it was a cat C.

thanks bigmark

StevenWilliams · 16th February 2009, 07:09

I do and the answer to your question is possibly. All insurance companies use calculations of risk to decide what insurance costs but that is only one aspect.

As the car has been written off once it will be worth in the eyes of an insurance company MUCH less than the book trade value. So when you specify the car value don't get to optimistic. And if you have a future claim in all likelihood it will be immediately written off again. In this case the car may not be worth much at all.

However you may not notice an increase at all.

I would check out a third party option as well as fully comp as the fully comp may increase which is stupid as your potential liability will be less but thats the way it goes..

moonstoneboy · 16th February 2009, 07:12

Quote:

Originally Posted by StevenWilliams

I do and the answer to your question is possibly. All insurance companies use calculations of risk to decide what insurance costs but that is only one aspect.

As the car has been written off once it will be worth in the eyes of an insurance company MUCH less than the book trade value. So when you specify the car value don't get to optimistic. And if you have a future claim in all likelihood it will be immediately written off again. In this case the car may not be worth much at all.

However you may not notice an increase at all.

I would check out a third party option as well as fully comp as the fully comp may increase which is stupid as your potential liability will be less but thats the way it goes..

That's interesting Steven - the car will not be worth as much so any pay out will be less so the insurance company will charge more for insurance. The old heads we win, tails you lose syndrome methinks.

Paul

bigmark · 17th February 2009, 19:41

i just went on to go compare .com for a quote on my vitesse that is a cat C write of and it come back with a quote for £194 would they know it is a write off by the reg of the car?

StevenWilliams · 18th February 2009, 11:04

Quote:

Originally Posted by bigmark

i just went on to go compare .com for a quote on my vitesse that is a cat C write of and it come back with a quote for £194 would they know it is a write off by the reg of the car?

We don't check but I believe there is somethign in the small print on the policy document somewhere.

15th February 2009, 06:38	#1
bigmark Avid contributor rover 75 saloon cdt Join Date: Oct 2008 Location: kent Posts: 235 Thanks: 0 Thanked 0 Times in 0 Posts	anyone work for a car insurance company here? got a question. if i get my rover 820 back on the road after it was a cat C write off, so all the work that is needed is done and its mot'd and i get the vic check done. does it work out more to insure as it was a cat C. thanks bigmark

16th February 2009, 07:09	#2
StevenWilliams This is my second home Rover 75 Saloon 2.5 V6 British Racing Green. 81,000 miles and counting Join Date: Apr 2008 Location: Crawley, West Sussex Posts: 6,183 Thanks: 0 Thanked 2 Times in 2 Posts	I do and the answer to your question is possibly. All insurance companies use calculations of risk to decide what insurance costs but that is only one aspect. As the car has been written off once it will be worth in the eyes of an insurance company MUCH less than the book trade value. So when you specify the car value don't get to optimistic. And if you have a future claim in all likelihood it will be immediately written off again. In this case the car may not be worth much at all. However you may not notice an increase at all. I would check out a third party option as well as fully comp as the fully comp may increase which is stupid as your potential liability will be less but thats the way it goes.. __________________ [SIGPIC][/SIGPIC] Rover 75 2.5 2000 Club SE. British Racing Green. MEMBER NUMBER: MMMDCCXXVI Looking for: 7 seater

17th February 2009, 19:41	#4
bigmark Avid contributor rover 75 saloon cdt Join Date: Oct 2008 Location: kent Posts: 235 Thanks: 0 Thanked 0 Times in 0 Posts	i just went on to go compare .com for a quote on my vitesse that is a cat C write of and it come back with a quote for £194 would they know it is a write off by the reg of the car?