Why motor insurers undervalue replacing damaged vehicles

Jeff Winn

With the FCA ordering Direct Line to review motor loss claims, Jeff Winn, founder of Winn Group, explains why some insurers are underestimating the cost of replacing damaged vehicles.

When it comes to insuring our vehicles, we rely on insurance companies to provide fair compensation in the event of damage or loss.

However, a long-standing issue has plagued the industry for years

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