Register Login
Mr FIAT - Your #1 source for vintage car parts
Reply
 
Thread Tools
Old 17-04-2012   #31
Join Date: Apr 2009
Location: Hampshire
Posts: 1,620
Thanks: 57
Trader Rating: 0
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Quote Originally Posted by Radlet6 View Post
I would agree with this. Don't make the claim through your own insurance as they work on a 'knock' for 'knock' basis which is not in your interests.
Knock-for-knock has nothing to do with liability. It is/was an agreement between insurers to prevent them arguing over the circumstances on every claim. By the law of averages, insurer A's clients will cause an equal amount of damage to insurer B's clients as B does to A. So these two companies enter into a K4K agreement. If either of these two companies have a claim against the other then they don't bother arguing or recovering any money from each other. Instead they just confirm K4K and close their claim.

K4K is not the same as settling 50/50. It is purely administrative and entirely without prejudice to the client or any claim he has for uninsured losses from the other side.

In the above example companies A and B both allow/disallow their respective clients' NCD based on their own interpretation of the circumstances, and without discussion with the other insurer. Usually the NCD decision for each client will be the same as if the two companies had spent man-hours arguing and had settled up one way or the other. Occasionally you get disputes between the client and their own insurer. Normally in such cases the insurer will allow the NCD if their client can prove that they recovered their excess and/or any other uninsured losses directly from the third party insurers.

At the time I left insurance K4K was starting to die out. I don't know how much of it is about these days. Most of the old larger insurers had K4K agreements between them but then Direct Line came along and didn't enter into agreements with any other insurer. Their business model was to cherry-pick the lowest-risk drivers, so in theory their clients wouldn't cause as many collisions as the average. So they did argue and recover or pay out on each claim. I don't know what's happened since.
__________________
FIAT Forum Useful Links:
Donate to FF | Buy FF Merchandise | Classifieds | FF Insurance | How-to Guides

Doofer is offline Reply With Quote Quote 
Old 18-04-2012   #32
The orginal 'Old Grumpy'
 
Radlet6's Avatar
Join Date: Jun 2008
Location: North East
Posts: 782
Thanks: 23
Trader Rating: 0
Radlet6 has donated!
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Which ever way they work, my point is insurance companies act in their own best interests and not those of the client. My solicitor acted solely for me and when the insurance co's got difficult (or in other words tried to screw me) I had someone with the clout to argue back.

Come the day of the revolution they are first against the wall (along with the CSA, Bankers......)
__________________

AS part of the Government's new austerity measures, the light at the end of the tunnel has been turned off indefinitely.
Radlet6 is offline Reply With Quote Quote 
Old 18-04-2012   #33
Speed Reader of the Year!
 
Most Easterly Pandas's Avatar
Join Date: Aug 2007
Posts: 39,314
Thanks: 1231
Trader Rating: 2
Most Easterly Pandas has donated!
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Quote Originally Posted by Radlet6 View Post
Come the day of the revolution they are first against the wall (along with the CSA, Bankers......)
I doubt it tbh, just like all companies though, some are better than others.
__________________
Most Easterly Panda's - Panda'ing in East Anglia
Stockest of mk2 Panda Parts, PM for any parts requests
1993 Classic Panda Selecta, 1989 Panda 750L,
2015 Kia Soul EV, 2009 Panda Eleganza & 2005 Panda Climbing 4x4 (LPG)
Most Easterly Pandas is offline Reply With Quote Quote 
Old 18-04-2012   #34
Join Date: Apr 2012
Location: Ayrshire
Posts: 29
Thanks: 0
Trader Rating: 0
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

UPDATE :

Two Items :

1. The letter I recieved for the Category was a typo error as an ammended letter has been recieved today after I rang them to query it. It will be deemed a Cat B.

2. I have had a phonecall today from the acting insurance company for the AT fault party. They have offered 6200 plus the cost of 3/4 tank of diesel, as long as I show the recent fill up reciept, which I still have.

Speaking to my cousin who is in the Trade, he says thats a good 1st offer, as he would expected to see a figure of around 5000 - 5500.

What do you guys think?.....

Croma was in excellent condition with 36,312 mile on the clock and Full Service History.

Your thoughts appreciated.
__________________
Previous Fiat Own's :
2007/57 Fiat Croma 1.9 Mjet 16v
2004/54 Fiat Stilo Multiwagon 1.9 JTD Dynamic.
1996/N Fiat Punto 1.2 ELX
FiatFleetFamily2 is offline Reply With Quote Quote 
Old 18-04-2012   #35
Join Date: Aug 2003
Location: Essex/Suffolk border
Posts: 82,443
Thanks: 1458
Trader Rating: 10
dave has donated!
dave is an official FF Advertiser
dave is an honorary friend of the forum :)
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

its a good offer they sell for way below book price, be hard to find another with mileage that low though. does that include you getting to keep the car?
shall i start my list of parts i need now?
__________________
dave is offline Reply With Quote Quote 
Old 18-04-2012   #36
Speed Reader of the Year!
 
Most Easterly Pandas's Avatar
Join Date: Aug 2007
Posts: 39,314
Thanks: 1231
Trader Rating: 2
Most Easterly Pandas has donated!
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

TBH a good price, I thought all Croma's are worth <4k now (but am no expert)

But as I always say, never accept first offer
Likes FiatFleetFamily2 liked this post
__________________
Most Easterly Panda's - Panda'ing in East Anglia
Stockest of mk2 Panda Parts, PM for any parts requests
1993 Classic Panda Selecta, 1989 Panda 750L,
2015 Kia Soul EV, 2009 Panda Eleganza & 2005 Panda Climbing 4x4 (LPG)
Most Easterly Pandas is offline Reply With Quote Quote 
Old 18-04-2012   #37
Join Date: Apr 2012
Location: Ayrshire
Posts: 29
Thanks: 0
Trader Rating: 0
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Quote Originally Posted by dave View Post
its a good offer they sell for way below book price, be hard to find another with mileage that low though. does that include you getting to keep the car?
shall i start my list of parts i need now?
No. But it will be moved if settlement is agreed to Universal Salvage in Sandwich of which I have found out today.

I cannot buy the Croma back, my husband ( FFF ) thought you could, but I am dealing with Commercial Vehicle Insurance and not Domestic Vehicle Insurance, hence why maybe the 1st offer is better than expected. But then again, could be wrong on buying it back.
__________________
Previous Fiat Own's :
2007/57 Fiat Croma 1.9 Mjet 16v
2004/54 Fiat Stilo Multiwagon 1.9 JTD Dynamic.
1996/N Fiat Punto 1.2 ELX
FiatFleetFamily2 is offline Reply With Quote Quote 
Old 18-04-2012   #38
Join Date: Aug 2003
Location: Essex/Suffolk border
Posts: 82,443
Thanks: 1458
Trader Rating: 10
dave has donated!
dave is an official FF Advertiser
dave is an honorary friend of the forum :)
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

there is no such thing as buy it back, its your car you own it, they can buy it off you for a salvage price if you agree, but they cant just keep it. you will make a lot more selling in in bits than any salvage price they offer. tell them if they want to keep your car then to up the offer by another 1500
__________________
dave is offline Reply With Quote Quote 
Old 18-04-2012   #39
Join Date: Apr 2012
Location: Ayrshire
Posts: 29
Thanks: 0
Trader Rating: 0
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Quote Originally Posted by dave View Post
there is no such thing as buy it back, its your car you own it, they can buy it off you for a salvage price if you agree, but they cant just keep it. you will make a lot more selling in in bits than any salvage price they offer. tell them if they want to keep your car then to up the offer by another 1500
OK....

Personally being female about this, I do not have the storage or space to have the Croma back, as the Bravo courtesy is in the Croma's place.

I cannot see what is really salvagable except Engine, Gearbox, Wheels, Exhaust and some of the body panels / interior. I do not have the time to strip the Croma and wait for somebody to come along and buy something, despite if its worth more in parts, for a model that did not sell more than 1400 units. But I will bear it in mind.

Maybe I should investigate there offer of 6200 in what it entails and what I am committing to.
__________________
Previous Fiat Own's :
2007/57 Fiat Croma 1.9 Mjet 16v
2004/54 Fiat Stilo Multiwagon 1.9 JTD Dynamic.
1996/N Fiat Punto 1.2 ELX

Last edited by FiatFleetFamily2; 18-04-2012 at 15:55. Reason: Spelling
FiatFleetFamily2 is offline Reply With Quote Quote 
Old 18-04-2012   #40
Join Date: Apr 2009
Location: Hampshire
Posts: 1,620
Thanks: 57
Trader Rating: 0
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

The total loss offer will be conditional on them keeping the salvage - it probably says so in their letter.

It sounds like a blooming amazing offer to me. I'd be inclined to accept it, but it wouldn't do any harm to haggle a bit - I doubt they'd go back on their first offer, but don't blame me when they say "we've looked into it and it's actually worth 3000!"

If you have the grey/blue interior is there any chance your front central cushioned armrest/lid could go missing before it goes away? I managed to scuff mine putting a desk in last week.
__________________
FIAT Forum Useful Links:
Donate to FF | Buy FF Merchandise | Classifieds | FF Insurance | How-to Guides

Doofer is offline Reply With Quote Quote 
Old 18-04-2012   #41
Join Date: Aug 2008
Location: Cotswolds
Posts: 385
Thanks: 25
Trader Rating: 0
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Sounds a good offer to me. I would consider myself extremely fortunate to get that for my 37000 miler. When I was in motors it was usual for salvage companies to pay 15% of book value, whether burnt out or bent wing. A burnt out Roller could be a major disaster.
On a total loss the wreck clearly belongs to the insurer, but total loss normally means the end of the policy, though it depends on the small print.
__________________
EX Croma Owner
keithglos is offline Reply With Quote Quote 
Old 18-04-2012   #42
Speed Reader of the Year!
 
Most Easterly Pandas's Avatar
Join Date: Aug 2007
Posts: 39,314
Thanks: 1231
Trader Rating: 2
Most Easterly Pandas has donated!
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Quote Originally Posted by keithglos View Post
On a total loss the wreck clearly belongs to the insurer, but total loss normally means the end of the policy, though it depends on the small print.
Common misconception. This is only the case if claiming direct from your insurance, not if a 3rd party claiming from another policy as in this case
__________________
Most Easterly Panda's - Panda'ing in East Anglia
Stockest of mk2 Panda Parts, PM for any parts requests
1993 Classic Panda Selecta, 1989 Panda 750L,
2015 Kia Soul EV, 2009 Panda Eleganza & 2005 Panda Climbing 4x4 (LPG)
Most Easterly Pandas is offline Reply With Quote Quote 
Old 18-04-2012   #43
Join Date: Aug 2003
Location: Essex/Suffolk border
Posts: 82,443
Thanks: 1458
Trader Rating: 10
dave has donated!
dave is an official FF Advertiser
dave is an honorary friend of the forum :)
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Quote Originally Posted by FiatFleetFamily2 View Post
OK....

Personally being female about this, I do not have the storage or space to have the Croma back, as the Bravo courtesy is in the Croma's place.

I cannot see what is really salvagable except Engine, Gearbox, Wheels, Exhaust and some of the body panels / interior. I do not have the time to strip the Croma and wait for somebody to come along and buy something, despite if its worth more in parts, for a model that did not sell more than 1400 units. But I will bear it in mind.

Maybe I should investigate there offer of 6200 in what it entails and what I am committing to.
its because there was only 1400 that they break well, there are none in scrappies and when there is the parts go fast, now and again a breaker will list one on ebay i contact them straight away and all the bits i want are already gone
as soon as you accept the offer the courtesy car will be taken back.
bits i need are fuel flap catch thing, rear drivers side door step trim,
bit i would like to get but not urgent are grill, roof bars. maybe a roof motor.

bits that sell almost instantly are drive shafts, starter motor alternator, pas motor, just them 3 bits would probably sell for the scrap value of the car
__________________
dave is offline Reply With Quote Quote 
Old 19-04-2012   #44
Speed Reader of the Year!
 
Most Easterly Pandas's Avatar
Join Date: Aug 2007
Posts: 39,314
Thanks: 1231
Trader Rating: 2
Most Easterly Pandas has donated!
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Quote Originally Posted by dave View Post
its because there was only 1400 that they break well, there are none in scrappies and when there is the parts go fast, now and again a breaker will list one on ebay i contact them straight away and all the bits i want are already gone
as soon as you accept the offer the courtesy car will be taken back.
bits i need are fuel flap catch thing, rear drivers side door step trim,
bit i would like to get but not urgent are grill, roof bars. maybe a roof motor.

bits that sell almost instantly are drive shafts, starter motor alternator, pas motor, just them 3 bits would probably sell for the scrap value of the car
Dave, what colour is yours, I've not been in about 6-8 weeks, but Hainford Hall in Norwich have a Croma thats rolled, been there about 1.5-2 years, interior is now USed as its been open to the elements and engine gone, but most other bits there iirc
__________________
Most Easterly Panda's - Panda'ing in East Anglia
Stockest of mk2 Panda Parts, PM for any parts requests
1993 Classic Panda Selecta, 1989 Panda 750L,
2015 Kia Soul EV, 2009 Panda Eleganza & 2005 Panda Climbing 4x4 (LPG)
Most Easterly Pandas is offline Reply With Quote Quote 
Old 19-04-2012   #45
Join Date: Apr 2012
Location: Ayrshire
Posts: 29
Thanks: 0
Trader Rating: 0
United Kingdom 
Re: Thankyou Mr Bus Driver. Now I am Gutted!!

Quote Originally Posted by Doofer View Post
The total loss offer will be conditional on them keeping the salvage - it probably says so in their letter. I have checked this, and you are correct, this offer is for the Croma and the Salvage, hence why the offer is better than expected, before reading the small print.

It sounds like a blooming amazing offer to me. I'd be inclined to accept it, but it wouldn't do any harm to haggle a bit - I doubt they'd go back on their first offer, but don't blame me when they say "we've looked into it and it's actually worth 3000!". I am twitchy about haggling, just in case they got there figures wrong.

If you have the grey/blue interior is there any chance your front central cushioned armrest/lid could go missing before it goes away? I managed to scuff mine putting a desk in last week. My interior is dark grey / black, my previous own ( 55 Plate Croma ) had this interior. Sliding armrest is cushioned black vinyl
__________________
Previous Fiat Own's :
2007/57 Fiat Croma 1.9 Mjet 16v
2004/54 Fiat Stilo Multiwagon 1.9 JTD Dynamic.
1996/N Fiat Punto 1.2 ELX
FiatFleetFamily2 is offline Reply With Quote Quote 
Reply
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump
Similar Threads
Thread Thread Starter Forum Replies Last Post
High Definition Audio Bus Driver fault DaveMcT Computing 1 19-04-2011 12:06
(G) thankyou all.. Joey100810 Cinquecento / Seicento 24 10-04-2011 04:36
CAN bus, MOST bus or Flexray? Jarg Tech Talk 3 22-09-2010 08:47
(G) Absolutely Gutted.. so gutted.. rema-d Bravo / Brava 6 21-03-2008 09:40
(G) !!thankyou!! Emm Cinquecento / Seicento 13 23-08-2004 15:39