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SA Car Accident - How Many Quotes are Need by Car insurance?

Discussion in 'Insurance Law Forum' started by Patricia Rios, 28 February 2016.

  1. Patricia Rios

    Patricia Rios Member

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    In the event of a car accident, as a car insurance company, how many quotes are needed?
     
  2. Sophea

    Sophea Guest

    I don't know of any law governing this. It may be up to the individual insurers policies.
     
  3. GC.

    GC. Well-Known Member

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    There is no legal requirement for a quote per se. Whatever way you can come to an agreement is fine.

    I had an accident many years ago and I sent a letter to the at-fault driver demanding that they pay to repair or replace the car, and I did not specify an amount. The other driver passed it on to their insurance company, the insurance company had the damage assessed and then they made me a cash offer which I accepted.

    If the cost is in dispute then you can get a quote as evidence that they are not offering enough money.
     
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