A good friend had a small prang , the insurance company has written to her to say the vehicle is valued at 2,500- 350 Excess , they next bit we don’t understand , they want 662.50 based on Cat N ??! What on earth does that mean ??
Leaving a net settlement fee of 1,487.50 they want to pay her l
Is this because she wants to get it repaired ??
So if she decides NOT to get it repaired she’d receive 2,150 ??
It’s an 09 vehicle and 154k miles on the clock on a Seat Alhambra that thry love .and a type of vehicle required , nd budget won’t stretch to 10-30k for a newer model .
Any suggestions and clarifications appreciated
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