Insurance write off
Just had my jeep written off by my insurance company after 4 weeks of my policy.(Wife crashed it- her fault).
What I need to know is, will they now cancel my policy and deduct the full years premium out of the payout as I had only paid the deposit.(2 months premium)
Thanks in advance.
Clarky.
Re: Insurance write off
Insurance companies generally require payment of the premium in full before they proceed with your claim in instances such as this.
They will not cancel your policy unless you ask them too, but even if you do, you won't be getting any money back (from the premium that is).
Understeer is when you hit a wall with the front of your car
Oversteer is when you hit the wall with the back of your car
Horsepower is how fast your car hits the wall
Torque is how far your car sends the wall across the field once you've hit it
Re: Insurance write off
Thanks for the quick reply pegasus.
Would rather keep the policy going if I can for my next car, hopefully I can just carry on paying the monthly premiums.
Re: Insurance write off
they will carry on with policy as only way to recoup some of there cash back
very rare they kick u from policy
Re: Insurance write off
...also the crash will not take affect until renewal, ie your policy will stay same price, but probably go thru the roof on renewal
Losing Gracefully Since September 2010
Posting Permissions
Reply With Quote
Social Networking Bookmarks