Do different insurers have different standards of writing off a vehicle?

Do different insurance companies have different levels for writing off a car?

Asked on 13 March 2018 by liam mcgrath

Answered by Honest John

Insurers may advise a vehicle is a constructive total loss at different levels. The truth is, a vehicle is only ever a write off when the repair costs exceed the market value. Insurers will have you believe differently. The contract of insurance will advise that they will indemnify you up to the market/agreed value of your vehicle. There is nothing in their contract where they can limit their liability to less than this without your consent. The new code of practice for salvage purposely does not mention anything financial in the code.

Tags: insurance write offs write off value

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