My car was stolen

Who is doing that ?

That sounds like an excellent idea to combat fraud and to provide a true indemnity. Well done to whoever initiated that idea.

Artois said:

Seems insurance companies were being hit hard by a lot suspicious claims whereby cars which were purchased on finance/hp were mysteriously disappearing and being burnt out.

Fortunately the Insurance Companies have come up with an excellent solution: - Instead of giving you a bank draft they take the claimant to a car auction and buy them an identical replacement vehicle which effectively defeats the purpose and leaves the claimant with the same finance commitments.

Click to expand...

Well for those idiots who have decided to make a fraudulent insurance claim on their 32k vehicle... the great thing is that insurance companies mostly pay market value.. therefore your vehicle would be worth around half that.. therefore the insurance company will only pay this.. not clear off the finance...

And for those who insurance manage to catch.. enjoy your day in court, because we will.. oh and dont forget to pay your finance.