Write-off value when car is already cat D

[paul_f]

My trusty 2001 C class is going to be a total loss after someone crashed into me.

I am claiming directly off his insurance, but my car is already a cat D.
Planning on trying to keep hold of the car for now as it is still driveable, allowing me to look for a W212 estate over my Christmas break

Similar non cat D cars are going for 1000-1500 on autotrader, what sort of % hit should I expect as it is already cat D?

Cheers
Paul

 

[notsofast]

I would not have thought at those values there would be much devaluation for the CAT D status but you might have to have a bit of a fight anyway with the nature of insurance claims. Having recently been in almost the same position as you, I would hire my own loss adjuster if it happened again. There was nothing particularly wrong with the service provided by my own insurance company who have a specific department for dealing with third party claims but I felt someone local on the ground would have been far better than trusting the repair shops assessments.

 

[Carrsey]

When buying catD cars should be around 25-30% cheaper. Not sure if insurance companies work on the same principal..

 

[219]

I'm not sure that it should make a difference at all . Don't they just have to put you back in the same position you were in before the incident - that is in the nearest equivalent car you can find ?

Since you can hardly go shopping for another 2001 C Class on a cat D , I'd think they just have to stump up market value of similar cars . If they argue , challenge them to find one .

 

[jonnyboy]

I normally work on basis of 12-17% devaluation cat d, 20-30% cat c

 

[paul_f]

Thanks, I had been thinking of changing it for a while as it wasn't really big enough but it had been in the family from new so all the while it worked I was loath to change it

 

[StuartK]

Probably about 50p and a curly wurly.

In a car worth £500-1000 to be honest I'd scrap it and just buy another. Cheaper than claiming and the years of insurance rapings for doing so.

 

[paul_f]

Its already been through my insurance to track him down as he hit me at 40mph and the drove off stuffing his airbag back into the wheel. Fortunately there were witnesses and CCTV, but it has still taken 3 months
I'll get the cash from them and then eBay it when I have a replacement. Even crash damaged ones seem to go for a surprising amount

 

[MikeHartley]

Probably about 50p and a curly wurly.

In a car worth £500-1000 to be honest I'd scrap it and just buy another. Cheaper than claiming and the years of insurance rapings for doing so.

But it was not his fault, so it shouldn't affect his NCD - or am I being a bit thick here?
Some years ago my car, which was a cat C, was written off by another driver - my NCD was not affected and I actually got £1500 more than I paid for it!
So, the moral of the story is not to anticipate an unfavourable outcome - you might just be pleasantly surprised.

 

[StuartK]

But it was not his fault, so it shouldn't affect his NCD - or am I being a bit thick here?
Some years ago my car, which was a cat C, was written off by another driver - my NCD was not affected and I actually got £1500 more than I paid for it!
So, the moral of the story is not to anticipate an unfavourable outcome - you might just be pleasantly surprised.

It won't affect NCD but still have to declare it as a claim which will affect the price of insurance.

 

[paul_f]

But it was not his fault, so it shouldn't affect his NCD - or am I being a bit thick here?
Some years ago my car, which was a cat C, was written off by another driver - my NCD was not affected and I actually got £1500 more than I paid for it!
.

If you make a claim, at fault or not, you are statistically more likely to make a claim in the future.
In this case as the police were involved I would have had to tell them anyway

 

[notsofast]

Probably about 50p and a curly wurly.

In a car worth £500-1000 to be honest I'd scrap it and just buy another. Cheaper than claiming and the years of insurance rapings for doing so.

The OP has nothing to lose here - It is a no fault claim for him against another party. He (family) has had the car since new so whilst not adding any market value, he probably has some sentimental value in it......

In the early 90's I had a crappy Fiat 127 which I had bought for £120 with a long MOT. Sitting stationary in a traffic queue a taxi ran into the car behind me and knocked his car into my car. Unfortunately for them I had fitted a towbar which pierced his bumper, radiator etc. The taxi drivers insurance assessor came round to have a look at my car which had a very slight crease in the boot lid and a bent tow bar and I received a cash settlement for £450 without any hassle. I ran the car until the MOT expired, sold it for spares or repair for something like £60 and the boot lid crease was not even noticed. One of the cheapest cars I ever owned and recall with fond memory.

 

[MikeHartley]

It won't affect NCD but still have to declare it as a claim which will affect the price of insurance.

Didn't affect the price of my insurance one iota - I checked this immediately with my insurer at the time.

 

[MikeHartley]

If you make a claim, at fault or not, you are statistically more likely to make a claim in the future.
In this case as the police were involved I would have had to tell them anyway

I'm not sure I get the logic of this - you are not making a claim, you are claiming from the third party's insurance (I know you have to inform your own insurance so that they can pursue the claim on your behalf). And statistically? I had a broken leg once - am I really more likely to have a broken leg in the future? I sincerely hope not!

 

[automaniaman]

About 70% of its previous write off value...

 

[paul_f]

I'm not sure I get the logic of this

I think this is what an actuary does. A university friend went on to calculate this sort of thing

 

[219]

it won't affect ncd

as long as your insurers manage to recover from the other side

but still have to declare it as a claim which will affect the price of insurance.

 

[BTB 500]

I'm not sure I get the logic of this - you are not making a claim, you are claiming from the third party's insurance (I know you have to inform your own insurance so that they can pursue the claim on your behalf). And statistically? I had a broken leg once - am I really more likely to have a broken leg in the future? I sincerely hope not!

Like it or not a no-fault accident can affect your insurance. Some companies don't weight until you've had several but others will do it after a single one. As mentioned there's always some risk they won't be able to recover costs from the other party.

 

[notsofast]

Screen dump from my insurance companies claims portal FYI.

I have edited out my details but I have received written acceptance of liability of the third parties insurer and my insurance company has acknowledged receipt of the same. This has been in progress since September.

 

[StuartK]

Didn't affect the price of my insurance one iota - I checked this immediately with my insurer at the time.

Ok good luck to you then come renewal time