Car insurance claim
Hi Braintrust,
I'm hoping someone can enlighten me a little as it's coming up to christmas and I know very little about insurance.
Last week we had our car written off, a large van was driving on the wrong side of the road around a blind corner, thankfully we have lots of witnesses, his said its all his fault (I was on the school run and he saw the 3 year old and 6 year old and was full of guilt because he'd driven like a to$$er). He's even texte3d to apologies and say it was all his fault. It was a company van and they are insured. So all good.
Admiral were keen to write it of, even though the fella that picked it up said it could be replaced. It was a PCP vehicle, and we have gap insurance as there is a little gap between market value and remainder of finance (I did more miles than I should). Admiral have asked for the settlement quote to settle, although at first they mentioned giving us money for scrap.
My question is will I get anything for scrap? At the moment the excess is a fair bit and any car will need a deposit or buy it outright, so I'm trying to budget and wondering if its normal to get the settlement quote paid and something for scrap (not that I wanted to scrap the car) or will it be just the settlement quote and attempt to go after the other driver to reimburse my excess?
I'm hoping someone can enlighten me a little as it's coming up to christmas and I know very little about insurance.
Last week we had our car written off, a large van was driving on the wrong side of the road around a blind corner, thankfully we have lots of witnesses, his said its all his fault (I was on the school run and he saw the 3 year old and 6 year old and was full of guilt because he'd driven like a to$$er). He's even texte3d to apologies and say it was all his fault. It was a company van and they are insured. So all good.
Admiral were keen to write it of, even though the fella that picked it up said it could be replaced. It was a PCP vehicle, and we have gap insurance as there is a little gap between market value and remainder of finance (I did more miles than I should). Admiral have asked for the settlement quote to settle, although at first they mentioned giving us money for scrap.
My question is will I get anything for scrap? At the moment the excess is a fair bit and any car will need a deposit or buy it outright, so I'm trying to budget and wondering if its normal to get the settlement quote paid and something for scrap (not that I wanted to scrap the car) or will it be just the settlement quote and attempt to go after the other driver to reimburse my excess?