Car Insurance: Payout Problem Areas
According to the Financial Ombudsman Service there has been a 70% increase in motor insurance complaints over the past six months. With the value of cars rising, motor insurers are choosing to repair cars as appose to writing them off. This has resulted in the majority of disputes between consumers and insurers being based on bad quality repairs and valuations. Repair costs for cars that are worth £30,000 to £40,000 can easily be in the region of £15,000. Because of this, many insurance companies prefer to have the repairs conducted at one of their garages, whereas the consumer may prefer their vehicle be repaired at a specialist garage. Consumers that find themselves in this situation do not have to accept Read more…
