29-12-2011, 09:22 PM
Dum-Dum Wrote:Flynn Wrote:'Write off' is an insurance term. A scratch can cause a write off. If you don't go through insurance nothing qualifies as a write off. Not sure how someone intelligent like yourself has trouble understanding a simple concept.
Dude I think she knows that even though its not mega damage it is a 10 year old 306 and the cost of repair at an insurance approved body shop will be more than the value of the car hence "will be written off"
I was explaining to mark_airy.
Gunge Wrote:Scott Wrote:Problem is it's already been through the insurance...they have the car, and have written it off.at
Until V5 has been sent to the insurance and insurance make a setlement the vehicle is still owned by the policy holder, most insurance companies will allow you to buy it back at reduced price as it saves them getting it recovered, when my old Rallye got written off i asked for it back (just give me less in settlement) i was offered it for 210 quid to which i said yeah i'll have it, but they contacted me a day or 2 later to say they would need to take it as it was classified a cat B
Blimey what did you do to make it a cat B?