Hello,
My car has been damaged on the parking and its write off, category N now. I've got a message from insurer:
Market Value: £1700
Less Excess: £200
Less Vehicle Salvage Value: £300
Net Settlement Figure: £1200
"The settlement amount shown is subject to our completion of all necessary checks and we reserve the right to amend this amount should further information come to light.
If retaining the vehicle, You will need to provide us with a new MOT within 2 weeks of settlement."
I'd like to keep the car and fix it, I think I can sort that out for few hundred pounds with a new MOT.
Do I have only 2 weeks for fix and to do new MOT? It's a short time.
I can take £1200 but its not final amount, right?
"further information come to light" what does it mean? do they want to check something?
What will happen if I don't provide a new MOT within 2 weeks?
Do You have experience what is better to do?
for me its more profitable to fix a car and take money but maybe I don't know about something else, more important?
My car has been damaged on the parking and its write off, category N now. I've got a message from insurer:
Market Value: £1700
Less Excess: £200
Less Vehicle Salvage Value: £300
Net Settlement Figure: £1200
"The settlement amount shown is subject to our completion of all necessary checks and we reserve the right to amend this amount should further information come to light.
If retaining the vehicle, You will need to provide us with a new MOT within 2 weeks of settlement."
I'd like to keep the car and fix it, I think I can sort that out for few hundred pounds with a new MOT.
Do I have only 2 weeks for fix and to do new MOT? It's a short time.
I can take £1200 but its not final amount, right?
"further information come to light" what does it mean? do they want to check something?
What will happen if I don't provide a new MOT within 2 weeks?
Do You have experience what is better to do?
for me its more profitable to fix a car and take money but maybe I don't know about something else, more important?