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Thread: Insurance payouts

  1. #1
    Bilbs's Avatar
    Bilbs is offline Donating Member
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    Question Insurance payouts

    Ok, after some info from someone who may have been in this situation. My brother had his car parked out the fron of his house last wednesday, and his 2000 lancer got sideswiped by some lunitic who cant drive, luckily, he left his details, we have had the car assesed as a total loss, but what we need to know, is that my bro is with racv for agreed of $10,000, and the looser that hit his car is with some other mob, cant think of their name, will they pay bro the value he has it insured for with racv, or pay only market value?

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    Reaper's Avatar
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    Just send the details to your brothers insurer. They will probably pay the agreed value if it's a straight forward claim. Since he can provide the details of the at fault driver and presuming the car was parked legally there most probably won't be any excess.

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