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15-01-2013, 01:35 PM | #441 |
Senior Member
Join Date: Sep 2004
Location: n/a
Car: n/a
Posts: 10,929
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well he is taking the money and getting to keep all the add ons like lip, wheels etc. so it is a positive for ben i think there also. with that much damage. I'd take the money and not a repaired car.
Last edited by project.r.racing; 15-01-2013 at 01:40 PM. |
15-01-2013, 04:52 PM | #442 |
obsessed-incomplete-broke
Join Date: Oct 2008
Location: Brisbane
Car: BA Hardtop/Hatch
Posts: 5,441
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It's the reason I've never bothered with comp. Just seems a terrible deal on my cars (700+ a year then a $500 excess on a 2500 car.) Maybe if I had a nicer car like bens was. Hard to eesee what's actually broken. Maybe I'm just strange.
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15-01-2013, 05:05 PM | #443 |
Senior Member
Join Date: Sep 2004
Location: n/a
Car: n/a
Posts: 10,929
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nope that makes logical sense. this year was the first year since owning mine that i haven't had full comp. just isn't worth it anymore.
when i brought the car for $18,000, for $1100 full comp, it was worth it. but not now as the car is only worth $4000. JustCar wanted $450 for full comp this year, so i declined renewing my policy. the specialized parts on my car are worth $2000-$2500 alone. and i dont see myself loosing out much if i crash it and then sell off the parts. and then there is another $1500 of parts not even installed on the car either. |
15-01-2013, 09:52 PM | #444 |
Junior Member
Join Date: Oct 2011
Location: The Festival State
Car: BJII Protege
Posts: 217
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When you have full comp and you are at fault, will the insurance company still pay you money to find a new car?
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15-01-2013, 09:55 PM | #445 |
Senior Member
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You pay the excess, then the insurance company gives you the agreed value of the car on the policy. So yes.
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17-01-2013, 08:10 AM | #446 | |
Senior Member
Join Date: Jul 2011
Location: Melbourne Vic
Car: 2003 Protege Sp20
Posts: 642
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