Insurance Claim?

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#812973 7-May-2013 16:13

sittingduckz:
Bee: Current bank balance is $40 and this is a good week!
Savings? Yeah right!
Bank loan $28,000

So how I would even get the $300 I have no idea!!!
Scenario 1 - I lodge a claim, cant pay the excess so the insurance company refers to debt collectors who repossess the car ( worst case)

Scenario 2 - they can be bothered to take us to court and I negotiate to pay the courts at $10 per week...

I'm thinking scenario 2 will not even happen! but I'll opt for that it it does...

If I had $300 I could buy two new tyres that the car desperately needs!

There are some serious holes in the law and insurance system here!!!

Really?!? Like what? This ought to be good

I agree.

Bee, my god. What if the other person was not insured, pranged your car, their fault, and like you, they cannot afford it. Same situation in reverse. I take it you would happily accept that unfortunate situation. Maybe they can afford to fix your, car in my example, but prefer to buy tyres for theirs.

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tdgeek

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#812975 7-May-2013 16:15

Bee:
trig42: I am pretty certain that the poor person your wife backed into will just end up contacting their insurance company who will take action.

AFAIK, 3rd party insurance will at least get their insurance company fighting for them. It won't get to court, you will have to pay the excess, and your No Claims Bonus will disappear. The Insurance companies will sort it out.

I can only imagine your wails of protest if someone did this to you...

OK I contacted Fintel and they said if it were me that was backed into and I only had 3rd party insurance, they wouldnt do anything for me... Which I agree is REALLY dumb but apparently thats how it is - so the lesson here is get full insurance on your car (AND your life!!!)

Thats not really dumb. Third Party is third party that is what is insured.

Bee

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#812976 7-May-2013 16:15

tdgeek:
sittingduckz:
Bee: Current bank balance is $40 and this is a good week!
Savings? Yeah right!
Bank loan $28,000

So how I would even get the $300 I have no idea!!!
Scenario 1 - I lodge a claim, cant pay the excess so the insurance company refers to debt collectors who repossess the car ( worst case)

Scenario 2 - they can be bothered to take us to court and I negotiate to pay the courts at $10 per week...

I'm thinking scenario 2 will not even happen! but I'll opt for that it it does...

If I had $300 I could buy two new tyres that the car desperately needs!

There are some serious holes in the law and insurance system here!!!

Really?!? Like what? This ought to be good

I agree.

Bee, my god. What if the other person was not insured, pranged your car, their fault, and like you, they cannot afford it. Same situation in reverse. I take it you would happily accept that unfortunate situation. Maybe they can afford to fix your, car in my example, but prefer to buy tyres for theirs.

Im fully insured so one call to my insurance company would sort it all out... 3rd party insurance is a complete waste of money.

Doing your best is much more important than being the best.

sittingduckz

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#812978 7-May-2013 16:16

lxsw20:
tdgeek:
lxsw20: Pretty sure the owner of the car gets at least some say in who does the repair.

I'd say that is the option for the bearer of the cost.

I'd really hope not. If it's an old crapper not a big deal. If it's a fairly nice car in good condition, I would want quality genuine parts used and a quality job of the repair in general from someone trusted, not joes back yard panel/paint/chop shop.

I've been driven into twice so far this year (while stopped at the lights)

You can take your car to a repairer of your choosing (registered with CRA)
The insurance assessor negotiates the price with the repairer, the car gets fixed

The insurance company has never dictated to me where the car is to be repaired.

I'm not a complete idiot, I still have some parts missing.

tdgeek

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#812980 7-May-2013 16:17

lxsw20:
tdgeek:
lxsw20: Pretty sure the owner of the car gets at least some say in who does the repair.

I'd say that is the option for the bearer of the cost.

I'd really hope not. If it's an old crapper not a big deal. If it's a fairly nice car in good condition, I would want quality genuine parts used and a quality job of the repair in general from someone trusted, not joes back yard panel/paint/chop shop.

I havn't caused an accident but I have had three repairs caused. The accredired repairers were great, I'd expect that should be common for insurance companies. I'd hope so

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#812981 7-May-2013 16:17

Until you write off someones 100k BMW in your 2k Corolla, then 3rd party the best money you ever spent.

DonGould

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#812982 7-May-2013 16:18

YadaMe: What were you hoping for posting on here, support? Everyone thinks you are been an ass, just lodge the insurance claim and pay the excess. Your wife caused the damage, just make it easy for the other person. If it goes to small claims you will be up for more court fees.

If it goes to court it could end up being a very big bill.

I read a thread a while back on GP forums about the guy who makes a meal out of these sorts of things for people.

The gist was that the system can be played to hammer you... it's not worth the $800 dollar loss, that's for sure.

But hey, the OP can always take the risk that the other party won't just do a big of googling and get some advice.

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#812983 7-May-2013 16:18

Bee: Im fully insured so one call to my insurance company would sort it all out... 3rd party insurance is a complete waste of money.

No it isn't. In fact it should be compulsory.

sittingduckz

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#812984 7-May-2013 16:18

Bee:
tdgeek:
sittingduckz:
Bee: Current bank balance is $40 and this is a good week!
Savings? Yeah right!
Bank loan $28,000

So how I would even get the $300 I have no idea!!!
Scenario 1 - I lodge a claim, cant pay the excess so the insurance company refers to debt collectors who repossess the car ( worst case)

Scenario 2 - they can be bothered to take us to court and I negotiate to pay the courts at $10 per week...

I'm thinking scenario 2 will not even happen! but I'll opt for that it it does...

If I had $300 I could buy two new tyres that the car desperately needs!

There are some serious holes in the law and insurance system here!!!

Really?!? Like what? This ought to be good

I agree.

Bee, my god. What if the other person was not insured, pranged your car, their fault, and like you, they cannot afford it. Same situation in reverse. I take it you would happily accept that unfortunate situation. Maybe they can afford to fix your, car in my example, but prefer to buy tyres for theirs.

Im fully insured so one call to my insurance company would sort it all out... 3rd party insurance is a complete waste of money.

No it's not, If they had crashed into you, then you would be covered by their 3rd party insurance.

I do think everyone should have full cover

I'm not a complete idiot, I still have some parts missing.

bagheera

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#812985 7-May-2013 16:18

Bee:
tdgeek:
sittingduckz:
Bee: Current bank balance is $40 and this is a good week!
Savings? Yeah right!
Bank loan $28,000

So how I would even get the $300 I have no idea!!!
Scenario 1 - I lodge a claim, cant pay the excess so the insurance company refers to debt collectors who repossess the car ( worst case)

Scenario 2 - they can be bothered to take us to court and I negotiate to pay the courts at $10 per week...

I'm thinking scenario 2 will not even happen! but I'll opt for that it it does...

If I had $300 I could buy two new tyres that the car desperately needs!

There are some serious holes in the law and insurance system here!!!

Really?!? Like what? This ought to be good

I agree.

Bee, my god. What if the other person was not insured, pranged your car, their fault, and like you, they cannot afford it. Same situation in reverse. I take it you would happily accept that unfortunate situation. Maybe they can afford to fix your, car in my example, but prefer to buy tyres for theirs.

Im fully insured so one call to my insurance company would sort it all out... 3rd party insurance is a complete waste of money.

DonGould

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#812986 7-May-2013 16:19

ubergeeknz:
Bee: Im fully insured so one call to my insurance company would sort it all out... 3rd party insurance is a complete waste of money.

No it isn't. In fact it should be compulsory.

It is compulsory in Western Australia. (not sure about the rest of aus, think it might be as well.)

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Bee

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#812988 7-May-2013 16:22

if it was my car you hit, i would be logging a claim to your insurance company as you are full insured, and as part of hand over detail is one thing you have to give me, then they will fix my car and give you the excess bill.

Nope the insurance company wont do anything unless I lodge a claim first...

This is the issue that is dumb - if I dont want to claim cos there is no damage to my car then I dont have to...

GET FULL insurance! cos 3rd party wont cover damage to your car at all!

Doing your best is much more important than being the best.

freitasm

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#812989 7-May-2013 16:23

DonGould:
sittingduckz: You obviously have internet

Isn't the internet a human right now?

Still, even if it was, it is not free.

My technology disclosure

ubergeeknz

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#812991 7-May-2013 16:24

Bee: GET FULL insurance! cos 3rd party wont cover damage to your car at all!

That's kinda what is written on the box, yep. But if you have a cheap car then it's quite adequate. It does not mean that whoever causes an accident is not liable, though.

littlehead

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#812993 7-May-2013 16:25

Bee:

Scenario 2 - they can be bothered to take us to court and I negotiate to pay the courts at $10 per week...

I'm thinking scenario 2 will not even happen! but I'll opt for that it it does...

I would be weary of this option. By not paying and going to court, as you are liable for the damage, you would also be liable for all the court costs and solicitors fees involved in this. This could easily see your ~$800 cost increase to ~$2000 as soon as it hits the court. This cost would increase if you do not comply with the courts orders and things like examination and attachment orders are required.

I would also be weary of assuming a figure of $10 a week. I work in payroll and have seen some attachment orders comparably large to someone's wages, nearly 20% in one case.

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