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 26 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
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