Re: Insurance claim valutaion Most Insurance Companies use a book called Glass's guide. when you type in your make model reg & year it will give you 2 prices, one for trade, one for retail. This valuation will also have a variance on mileage, eg for every 1000 miles over the average deduct £20.
The Insurance company is supposed to go for in between the retail and the trade - this is called the mid book price, and offer that.
However, due to FSA complaints on regional variations, the Insurance companies also look on t'internet and find a similar age model to substantiate the price they are offering....
If you are unhappy with the price you will need to substantiate your price. This means finding a car of similar age / model / milage to the car you had damaged / lost at the price you want.
Hope this helps!!!
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Abbey - owed £3260 - Paid up.
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