Pre registered

[Derek.w]

40 minutes ago, Graham47 said:

And how do they know that ?

If two insurace cannot put the blame on either party then its called knock for knock I beleve and each insurer picks up their clients bill.

[Graham47]

That’s nothing to do with my question…

You said “insurance companies take into account the price you payed against ther book price”….

I asked you to explain how they know that I paid a pre-registered price for the car ?

[SinglePointSafety]

The price you paid for the car is irrelevant for the insurance company - if your car is totally destroyed, they refer to a 'look-up' table for its current value, based on age and mileage, service history etc and (perhaps) number of owners. For a nearly-new car they really don't care if you paid well over or under the 'usual' price, they are only obliged to get you back to where you were pre-destruction

[davidif]

2 hours ago, Graham47 said:

That’s nothing to do with my question…

You said “insurance companies take into account the price you payed against ther book price”….

I asked you to explain how they know that I paid a pre-registered price for the car ?

In the event of a total loss claim they may request a copy of the purchase invoice. 

[SinglePointSafety]

22 minutes ago, davidif said:

In the event of a total loss claim they may request a copy of the purchase invoice. 

Being a very cynical person, I suspect the insurance company would only do this if it was to their advantage

[TonyHSD]

I would agree with Keith, I had twice written off cars and and never been asked  about what I paid for or any invoice. 

[davidif]

2 hours ago, TonyHSD said:

I would agree with Keith, I had twice written off cars and and never been asked  about what I paid for or any invoice. 

The small print in my LV Multicar policy certainly contains a clause whereby they reserve the right to request an invoice or other evidence of purchase.

[TonyHSD]

31 minutes ago, davidif said:

The small print in my LV Multicar policy certainly contains a clause whereby they reserve the right to request an invoice or other evidence of purchase.

Could be indeed, my personal cars has always been old, well pre registered 👍