Cash in Lieu?
12 October 2006, 05:04 PM
#1
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Cash in Lieu?
Guy at work was telling me about cash in Lieu as he has had his car backed in to. The damage only looks small, yet the insurance approved repairer said £4000!!!!
He mentioned something about cash in lieu so he could fix it himself?
Whats all this about as I've never heard it before?
He mentioned something about cash in lieu so he could fix it himself?
Whats all this about as I've never heard it before?
16 October 2006, 01:47 PM
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Hi Nick
Cash-in-lieu of repair is an option utilised to allow an individual to be paid an agreed sum for the repair, which the individual then uses to pay a repairer of his choice (usually used when an approved repairer is not being utilised, or if specialist repair/non-standard parts with limited availability required).
Kind regards
Tony
Cash-in-lieu of repair is an option utilised to allow an individual to be paid an agreed sum for the repair, which the individual then uses to pay a repairer of his choice (usually used when an approved repairer is not being utilised, or if specialist repair/non-standard parts with limited availability required).
Kind regards
Tony
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