Disagreeing with the insurer's valuation
In dispute with insurance company over written off car valuation. They quote Glass's CAP and Parkers valuations as recognised industry standards and recognised by the Financial Ombudsman Service. There is a price variation between the three quotes of £670, so greater than 20%, in an average price of £3000. Is this level of variation to be expected and why?
Asked on 25 July 2012 by Mike of Malvern
Answered by
Honest John
Yes. Use www.honestjohn.co.uk/used-prices/ That will give you average advertised prices in real time, not calculated.
Tags:
insurance
valuations
Similar questions
I have recently learned that my car is a write off that is after I had an accident few days ago. My question is how much should i get from my insurance company. My car is a Hyundai i20 and I bought it...
Just before Christmas I was involved in a no fault accident when a white van pulled out from a driveway and hit my 7 year old Aygo (3 door).The insurance company have said it's a write off and offered...
In October last year a car drove onto the near side of my Aston Martin from a side street while I was on a dual carriageway. The driver of the other car and the third party insurer admitted liability....

