Terry Cod's Articles in Insurance - Finance Manual - Finance Article Directory

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Terry Cod's Articles in Insurance

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UK Motor Assurance - How Does The Insurance Company Decide When To Write Off a Vehicle What does an insurer mean by a write off or total loss? It arises when the repair cost is greater than the worth of the vehicle, taking into account the salvage value. UK House Insurance - Subsidence, That Sinking Feeling First of all, this is an expensive problem. There will inevitably be a serious excess, thus you will have to pay the initial part of any claim. Most policies now impose a £1,000 excess but you can shop around for less. I hope you have some money put aside! UK Car Insurance - What Happens When An Insurance Company Decides To Write Off A Vehicle A car is written off when the cost of repairing it is greater than the current valuation of a similar car. Once the insurance company decides that the car is a total loss then they begin the process described below. Car Insurance Policy Exclusion Clauses - Loss of Use Here we examine the "loss of use" exclusion clause in your car insurance document.It describes what alternative transport your insurer will offer to you if your own car is off the road because of theft or accident. In most cases the answer is in the negative !!

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