Allianz -Market Value

[thevwbug]

Hi Vanners,

my multi had a altercation with a truck today, it might of met its used by date.

I am insured with Allianz with market value.

There line is Market Value as of time of incident

does anyone have experience with Allianz and there interpretation of this?

thanks

thebug

[rob64981]

Can you tell us the build year?

It might be worth trying to get a quote of one of the many sites on the web as to get an idea of market value.

If its any use the quoted value for my 2006 is $30,000.

Dont forget to try and find out where it goes if they take it off you.

Many people on here will want some bits off it...

Hope the occupants are all OK.

Rob

[thevwbug]

Its a 2008 TDI

I had a poke around and it seem values from $34 to $40K.

it would be good to see how they peg the value, as the old girl only had 42K on the clock

Wife Kids and Dog are all ok, it was a tow job gone to local panel shop

[mikinoz]

So with market value there is a little known demand that you can make.

Rather than agreeing for X$ you can ask for an equivalent vehicle, so, if you cannot buy the same vehicle for the money that they have offered you then simply you are not getting market value.

[thevwbug]

Thanks Mikinoz

i need to arm myself as i think that it will be close to right off.

the bug

[IN2VWS]

My Crewvan was written off by Allianz earlier this year. Like any insurance company they will do their best to screw you over.

Is the Multivan a private car or a company car?

Is there finance owing on the van?

John

[thevwbug]

My Crewvan was written off by Allianz earlier this year. Like any insurance company they will do their best to screw you over.

Is the Multivan a private car or a company car?

Is there finance owing on the van?

John

Hi John

Private car with finance owing though VW

your experience will be helpful

The Bug

[anthony]

Allianz wrote my Jetta off a year ago from hail,and my experience with them is that they are quick to write off.

Did not insure my replacment Accord Euro with them...

[thevwbug]

Anthony
How did the payout figure compare to the jetta prices on car point at the time?
The bug

[jets]

The only experience I have had is many years ago when my daughter hit a tree with her Laser. At the time similar cars at dealers were around $7000. Insurance co offered $3500. I finally got them up to $4500. They had already sent the car to the auction. I bought the car from the insurance co [outside the auction process] & repaired it. All up including buying it back it cost $4500 & she was on her way again.
All my cars are now insured for agreed value because of this previous experience.

[T5Pete]

can i have the drivers seat with arm rests?

Shame to hear about the smash, hope all works out well. I had a bike stolen a few years back, didn't get what i wanted but looking back it wasn't that bad. if you have any aftermarket bits on it get them off as soon as poss as the insurance company will not give you a cent for them.

[Tornado T5]

I had a wagon written off by CGU in '08 and they actually called me with thier payout offer while I was at a dealer looking for a replacement. It wasn't easy containing my glee with their offer to be honest. The insurance rep. mentioned that Red Book was one source of assessing market value by their company. I have to say they offered $1000 above the Red Book value I obtained when I did an online enquiry, I think I did a fee-based option iirc. Mind you our car was in above average condition with 20K km less then the suggested distance. Don't forget to claim for things like mobile hands-free kit, child seat etc in your claim if applicable..with receipts as well.

[IN2VWS]

I sent you a PM

[anthony]

Anthony
How did the payout figure compare to the jetta prices on car point at the time?
The bug

My Jetta was absorlutely IMMAculate,And I was paid out an amount similar to nice Jettas on carsales.
Had a full VW service history,extended warranty,etc.

Cannot complain,but someone bought a very good car .

[thevwbug]

Thanks Anthony that what i would expect, i hope mine heads the same ways