Underpayment of Claim.

I bought a 2010 VW Polo 1.4 Comfortline and comprehensively insured it with MiWay insurance company on a Retail Value. I have been involved in an accident (on the 20 May 2015) and the insurer deemed the car a write-off. Now my problem is that they are offering to pay out R87000.00 for my car even though it is comprehensively insured on its Retail Value. I have consulted VW and other insurance companies and I was told that a 2010 VW POLO 1.4 COMFORTLINE is currently worth 128700 on an average of 104000kms and mine had just above 70000kms.<br> <br> I have also asked a friend of mine to request a quotation from Miway with the same details of my Car and he was told that Retail Value is currently R 125 100.00.<br> <br> <br> I feel they are not honouring our contract and therefore constitutes breach.<br> I suspect their decision is maybe based on the fact that I paid off the car, because had they be dealing with the bank they would pay the car at its Retail Value.<br> <br> I hope for assistance.<br> <br> Regards<br> Nolu