Selling accident cars with insurance assignment
No risk, instant payment, we handle everything.
12 min read
What is insurance assignment?
Insurance assignment (cession) means you transfer your claims against the opposing insurer to the buyer. Instead of negotiating with the insurance company for weeks, you transfer those rights to us. We pay you immediately and handle everything from there.
Why is the insurer residual value often too low?
Insurers determine residual value through salvage auctions. Dealers bid blindly based on photos. Local market conditions like Luxembourg higher purchasing power are rarely factored in.
The process in 5 steps
1. Report the accident and get an expert report. 2. Contact mirkaafenaerenauto.lu. 3. Vehicle inspection at our location or pickup. 4. Sign the assignment and receive payment. 5. We handle insurance communication and all formalities.
Your advantage: zero risk
You receive your money immediately. Whether the insurer pays more or less is no longer your concern.
Also possible with partial fault
Insurance assignment works even with partial fault. Claims are assigned proportionally.
Time pressure on residual value offers
Some insurers set tight deadlines. Do not let this pressure you. Always get an independent offer first.
Who benefits most?
People without time for insurance negotiations. Cross-border workers. Companies with damaged fleet vehicles. Anyone needing immediate payment.