Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Can anyone help please I have had an accident with my 42in lcd tv (well my son did long story) anyway, my insurance company have had it examined and have said it is not worth repairing. I paid £1200 for it 2 years ago but as the prices have dropped considerably if i am made an offer of a replacement and feel i would get a better deal on the high street where do i stand asking for the cash instead as i am sure there will be better bagins to be had that may even save them money.
You can insist that any payment made to you is in cash, however if your insurer would normally provide a replacement then they would be within their rights to only offer you the amount of cash that they could get a replacement one for.
The original purchase price of the TV is irrelevent now, all that matters is what a replacement will cost. Bear in mind that quite often insurers can repace items like this cheaper than you can get them in the high street because they buy in bulk, so don't be surprised if their cash offer is less than the high street price, additionally, they may also choose to pay you exclusive of VAT until you provide a receipt showing you have purchased it and incurred the VAT.
Mossycat is correct - it is considered the "limit of liability" - if you are not happy with the TV they are offering you, you can ask to see what other Tv's are within that benchmark.
What I mean is, if the insurance company uses a company like Ival, Ival will check the make and model of the damaged TV against other TVs to the same spec - So you may have had a Sony Bravia but now they are offering you a high end Samsung - you may not want that and ask what else can be offered - you may find a TV you like.
Refusing an offer
long story) anyway, my insurance company have had it examined and have said it is not worth repairing. I paid £1200 for it 2 years ago but as the prices have dropped considerably if i am made an offer of a replacement and feel i would get a better deal on the high street where do i stand asking for the cash instead as i am sure there will be better bagins to be had that may even save them money.
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