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Motor insurance - derisory settlement offer

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  • 06-12-2006 2:01pm
    #1
    shayg1971
    Registered Users Posts: 59 ✭✭


    [Cross Posting in Consumer Issues and Motors]

    My wife had her car stolen about 6 weeks ago. Quite apart from the amount of time it's taken, Hibernian have come back with what I'd consider a pretty derisory settlement offer.

    The car was a 2002 Honda HRV 5D 4WD with 50K miles, full Honda history and spotless. Hibernian are offering €12K.

    A quick scan of Carzone and CBG shows that private sellers are looking for €2K more for similar, and dealers up to €5K more.

    What should the game-plan be here? Does anyone accept a 1st offer? Is there some independent arbitration I can seek, and would it be worth it?

    I'm happy to say I have these questions because this has never happened to me before....


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