wazua Thu, Apr 16, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages<12
insurance claim
Options
Previous Topic · Next Topic
brainstorm212
#11 Posted : Tuesday, August 06, 2019 9:31:34 AM
Rank: New-farer

Joined: 5/3/2019
Posts: 17
Quote:
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.

wow, you know, recently one dude crashed into my house and broke my wall completely. but my home insurance agreed to pay me compensations, but this process was delayed for half a year... then I decided that it's necessary to change home insurance
Back to top
  |
Angelica _ann
#12 Posted : Tuesday, August 06, 2019 9:37:57 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,936
brainstorm212 wrote:
Quote:
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.

wow, you know, recently one dude crashed into my house and broke my wall completely. but my home insurance agreed to pay me compensations, but this process was delayed for half a year... then I decided that it's necessary to change home insurance


What type of home wall is 'broken' that easily?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  |
Blukes
#13 Posted : Tuesday, August 06, 2019 11:03:01 AM
Rank: New-farer

Joined: 3/9/2019
Posts: 22
Location: Nakuru
target1360 wrote:
[quote=westkate]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.


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.

[/(Policy value*extent of damage)÷value of property gives the figure 675k. It's ok for complete damagequote]
Back to top
WWW
  |
Demixl
#14 Posted : Tuesday, August 06, 2019 11:05:32 AM
Rank: New-farer

Joined: 6/28/2019
Posts: 10
Angelica _ann wrote:
brainstorm212 wrote:
Quote:
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.

wow, you know, recently one dude crashed into my house and broke my wall completely. but my home insurance agreed to pay me compensations, but this process was delayed for half a year... then I decided that it's necessary to change home insurance


What type of home wall is 'broken' that easily?

I believe him. A concrete wall from my house was demaged by a drunk driver. If he goes with with 180km/h, the concrete wall is like a paper one. Fortunatelly no one was in that room. That's a risk that assume by living 10m from the street. Of course that my insurance company covered the demage. Brainstorm212, look for another insurance company. Even if the war starts and a bomb falls on your house, they should cover it. I don't know where you're from but check https://homeownersinsurancecover.net/massachusetts/, you'll find some good companies.
Back to top
  |
kayhara
#15 Posted : Tuesday, August 06, 2019 12:06:24 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
Kenyan insurance firms SMH, they will look for all ways to not pay up.
To Each His Own
Back to top
  |
Bigchick
#16 Posted : Monday, August 26, 2019 10:21:11 PM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
kayhara wrote:
Kenyan insurance firms SMH, they will look for all ways to not pay up.



Dare I say....Kenyans and their ignorance of insurance!

The truth of the matter is very few Kenyans take time to understand the risks covered and the exceptions therein.

Kenyans take a medical cover in Jan and appear in hospital in June for delivery,insurance says that's not covered coz it has a waiting period of 9months.Who to blame?
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Back to top
  |
2 Pages<12
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua SME Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.