hellos,
my car got an accident and after it was assessed,the insurance is offering me 695 k. i had insured 900k and its a 2004 car.
i have rejected the offer but the insurance insist the offer is adequate.
now do i go to a court of law or should i pick the cheque and forget . 695k can buy anything good now since the initial cost of the car was 1.2m. are all this insurance criminals and whats the purpose of insuring your asset if they will always pay you what they want when a problem arises.
lets talk now or never.

I concur if they valued the car within the last 2/3 yrs and you haven't had marterial damage since valuation that offer is not acceptable.

1. what reasons have the insurers given for paying you such amount?
2 what was the valuation of the car before the accident? for instance if the value was 1.2m and you insured at 900k then the insurer can only be liable upto 675k.

likely scenario 1.
westkate insures her 1.2m vehicle at sh 900k
vehicle is written off and average clause comes into play.
900,000/1,200,000*900,000=sh 675,000
add her towing charges refund of sh 20,000 which sum up to sh 695,000.

chukua pesa and talk to me nicely to be your insurance broker in future so that i advise you!!

As @target1360 says, chukua pesa. Regulatory bodies will mostly rule in favor of their key convenors who in your case are the insurance companies. Sit down with your insurer and negotiate a better settlement but they won't pay you the insured value. The pain and agony of following up every day and finally not getting what you want may not be ten best option, unless your other name is SK Macharia who loves the courts.