Car Accident - Insurance Company offers Part Payment?
posted by Hansa on Saturday, November 3, 2018
A Kuwaiti's car hit my car from behind and I got the Police report. The Insurance company of the guy who caused the accident is offering me an amount towards labour charge + 35% of the cost of the parts that are to be replaced. They say 65% is depreciation as my car is 5 years old and this is according to the terms approved by the Kuwait Chamber of Commerce.
Can anyone please confirm if this is correct or is the insurance company misleading me? I have only Third Party insurance so have to claim from the insurance company of the other party.
Posted On
11/3/2018
10:13:09 PM
by
indian
yes, it is correct. My car was hit in parking from behind and it was damaged from back and front. It cost me nearly 600-700 KD and insurance gave me the paper for only 180 KD and it was 3 years before and still I didn't get the money as the case didn't come to court till now. The driver who hit my car got away as he had full insurance and didn't pay a penny to repair his car.
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Posted On
8/27/2019
10:59:03 AM
by
Anbumani
Dear Indian ,Which insurance gave you less, if u tell others will be alert.
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