First post on this forum cause I don't know where else to look for an answer to my questions.
I was recently ran in to by another driver which ended up with my car being written off. We went through the other persons insurance as I didn't want to make a claim. So I am the third party in the incident.
However, the offer made to me by the insurance company (Endsleigh) isn't enough to cover what I paid for the car, which was only about 3 months ago. They are trying to say that the market value of the car is less than what I paid and therefore I should be liable for that loss, which is quite substantial. They have also taken into consideration a value of scrap for the car, which again is grossly overstated.
I'm guessing that I can argue with the value of the scrap. But is there anything I have on the value of the car? I have had a look around the local garages and they are charging more than what Endsleigh quoted for around about the same car.
Also, I have bought a new car in the mean time but it is better spec than my last car. Went from a 1.6 club to a 1.6 SXI. Should I be able to change over the insurance easily and only pay the difference of the two cars? Or am I likely to be ripped off on this one to?
I'm assuming it will be quite a lengthy and annoying proccess to get back my money. So any tips on negotiating would be great. Thanks!