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Insurance payouts?

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Old Jan 20, 2007 | 02:31 PM
  #1  
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Default Insurance payouts?

How long does it usuallt take for the cash to come through after you've acceped an offer from an insurance co.?
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Old Jan 20, 2007 | 03:22 PM
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i had mine within 2 weeks,just before christmas
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Old Jan 20, 2007 | 04:00 PM
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normally within 14 days
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Old Jan 20, 2007 | 04:34 PM
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Usually all depends on the insurance company you are with as some can take forever and other will pay out within a week or two.

Took me a around 3 months to get paid out for my last bike after they offered me a stupidly low figure for it ( this was 2 years ago and bike was a 2001 Honda Fireblade with FDSH and in mint condition with only 4k miles on it ) which was way less than what it was worth.

First offer they gave me was for £4000 and at that time the bike was booking over £5500 for one in good condition, mine was in mint condition with way below average miles.

Took a while but eventually got paid out the £5500 i was wanting
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Old Jan 20, 2007 | 06:08 PM
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Just accepeted 7k for my focus (2002 2.0 zetec 3 dr). Need the funds to buy a saff!
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Old Jan 20, 2007 | 07:29 PM
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what about an excess from an accident that was my fault accident was in 2000, didn't make a claim as there was no damage to this landrover i had a bump with on roundabout. 2001 get a letter saying hes claiming for compensation loss of earnings but no damage to car had already fitted a new door to my car by then. Said it was 50/50 and was willing to go to court. Got a letter late 2001 saying was my fault and they would not defend it in court and that i had an excess of £500. No more letters to date, so far not paid a penny but did loose 2 years NCB. Is there a time limit for me to pay this? or am i a lucky bastard. Maby the bloke died before they agreed a claim with him
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