What does Cat C and D mean when buying a car?
Insurers will sometimes allow cars they have classed as write offs to be kept and repaired by the original owner or sold on to other companies who deal with such vehicles. Category D is used to describe a car where the repair cost was considered excessive, although less than the value of the car.
A Cat A car will have suffered extensive damage and have no economically salvageable parts. Category S - formerly C - this is the one you probably hear more about, as a Cat S car can be repaired. Admiral is able to insure a Category S car but other insurance companies might not be able to.
- A Cat D vehicle will have suffered damage in the past, probably in an accident. The insurance company that handled the claim decided that repairing the vehicle would have cost more than replacing it. Insurers often sell Cat D vehicles on for salvage. Many are safely repaired and returned to the road.
- Vehicles written off after an accident, a flood, or fire damage are often classified as Cat C. In its simplest form, it means that although the car is repairable, the cost of the parts, labour and potentially an expensive hire car would significantly exceed the value of the vehicle.
- It is not illegal for dealerships to sell cars with frame damage or prior accidents, but they MUST disclose this information, in writing to the buyer. If this information was not provided, then you can sue the dealership for the frame damage to the used car.
Category D is for the most lightly damaged cars, or those which were stolen and recovered after the owner had been paid by the insurance company. The official description of a Category D car is one that has suffered accident damage that would cost less to repair than its value.
- A category S vehicle usually has structural damage (where the car's frame or underpinnings are damaged), whereas a category N has no structural damage, with just bodywork requiring attention.
- If they charge her with malicious desstruction of property as a misdemeanor, the maximum she will face is 180 days and/or $1000 fine (and most likely some level of restitution for the damage she caused). If it is charged as a felony, the maximum is 10 years and/or $5,000 fine (also with restitution).
- More specifically, diminished value or the cost of repair are not usually considered loss of use damages. Also, preventative costs, particularly when there is no physical injury to tangible property, are not usually considered damages because of property damage and, thus, not usually covered by the CGL policy.
Cat D cars can be more expensive to insure and some insurance providers might not cover them at all. However, they aren't impossible to insure and it may simply be a question of accepting a higher premium if you're desperate to get a cat D car back on the road.
- The parent can add the child to an existing account or can establish a new account specially designed for teens. A great option is the DFCU Teen Visa Platinum card for 16-to-18-year-olds. The credit limit is between $250 and $1,000, based on the parent's credit.
- A cosigner is a person who agrees to pay a borrower's debt if he or she defaults on the loan. The person asked to cosign a loan usually has a good credit score and a lengthy credit history, which greatly improves the primary borrower's odds of approval.
- Usually, when you cosign a car loan, you agree to be responsible for the debt if the primary debtor does not make payments or otherwise defaults on the loan. If the primary debtor defaults on the loan, then the creditor has the right to repossess the car, sell it and pursue you for the deficiency.
Updated: 17th October 2019