Extensive hail damage

[franjae]

Those of you who had insurance payout, how was it assessed and can the insurance co. try and get out of paying and what if it was declared a natural disaster? Will this change anything?? Thanks!

[nicandlance]

Those of you who had insurance payout, how was it assessed and can the insurance co. try and get out of paying and what if it was declared a natural disaster? Will this change anything?? Thanks!

The damage and how my car was assessed is within this thread. Read back a few pages - it's all there.
AAMI agreed to pay me out today - should receive it early next week.

[franjae]

Doh!....I starting reading from the Perth pages and forgot the thread started a while ago!!! Sorry...

Good to hear a cheque's coming Nic!

[pologti18t]

The damage and how my car was assessed is within this thread. Read back a few pages - it's all there.
AAMI agreed to pay me out today - should receive it early next week.

Does that imply they are unable to source a car in a suitable amount of time? Do they refund the outstanding balance of your insurance premium?

[Flighter]

Latest is that AAMI are going to give me a cash settlement for my tsi, and I should have that by next week.
Now to start the bargaining all over again!

Uhhhh, aren't they supposed to simply supply you one "new for old"? Why should it be incumbent on you to secure another car, possibly at a greater cost to you than your insurance excess payment?

[Corey_R]

Because there are none in the country and it would be a 'to order' car from the factory. Insurance companies don't have any other method for obtaining a car than what we do.

[Flighter]

Because there are none in the country and it would be a 'to order' car from the factory. Insurance companies don't have any other method for obtaining a car than what we do.

I understand that, but if Nic (and hopefully me) is prepared to wait for new VW (as opposed to buying a more readily available brand) what the difference who makes the payment? I'd be pretty annoyed if after receiving a cheque I discovered I was up for more than my insurance payment was supposed to cover. Insurance is supposed to protect us from financial loss after all.

[markwid]

I understand that, but if Nic (and hopefully me) is prepared to wait for new VW (as opposed to buying a more readily available brand) what the difference who makes the payment? I'd be pretty annoyed if after receiving a cheque I discovered I was up for more than my insurance payment was supposed to cover. Insurance is supposed to protect us from financial loss after all.

On the other hand, with money in hand, you have more options open to you. You could buy something else; upgrade/downgrade, new/used, etc...

[Flighter]

On the other hand, with money in hand, you have more options open to you. You could buy something else; upgrade/downgrade, new/used, etc...

I don't object to more money in hand, but you have to wonder how likely is that?

[Corey_R]

I understand that, but if Nic (and hopefully me) is prepared to wait for new VW (as opposed to buying a more readily available brand) what the difference who makes the payment? I'd be pretty annoyed if after receiving a cheque I discovered I was up for more than my insurance payment was supposed to cover. Insurance is supposed to protect us from financial loss after all.

Actually - insurance has never covered 'financial loss' per se - that is why there is 'gap cover'. But I get the gist of what you're saying