Has anyone used Esure insurance?

[Dre5gtt]

That's shocked me that esure only value the v6 at 2k [smilie=icon_eek.gif] I'm with them I'm glad the v6 is off the road now and nothing happened. I am with Adrian flux with my gtt will try them next year with agreed value on v6

 

[clarkeeuk99]

I have all the extras declared too (i.e., exhaust, air filter, front splitter).

Phil.

Iv been told that flux can be a lot more competitive and even cheaper sometimes if the car is modified.

They do give very competitive prices on sports cars, particularly if they are your second car. I tried to ensure my daily with them, (A5) and their quote was not very good.

 

[craigy990]

Just thought I would update this to say that I spoke to Esure to find out what they would actually value a v6 at should the worst ever happen. They said they would look to pay out between £1000-£2000 (and no that isn't a typo) so those of you who are insured with them and posted here I would suggest you contact them yourselves as you may be in for a nasty surprise.

I decided that based upon this information it was well worth speaking to Admiral again to see what they believe market value for the car would be. They were much better, coming back to me with a price of £10,000. Still not quite the £14,500 I personally believe my car to be worth and a figure I would look to achieve if it were for sale in the current market, but still more than I paid for the car back in 2011.

I will try and get some agreed value policy quotes tomorrow but as the v6 is my only car and I enjoy the fact I get to use it all year round I would expect to cover at least 7500 miles this coming year. Which could, based upon what others have said above make attaining such a policy more difficult, but we shall see.

- William.

Wow - I will get in contact with them then [smilie=thanks.gif]

 

[craigy990]

On there website they state the following -

Q: How do you value my car if it is written off?

A: We calculate the amount you could have reasonably expected to sell your car for on the open market immediately before it was written off. This is known as the " MARKET VALUE" and is based on :
- Cars of the same make and model.
- Age, condition and mileage at the time of the accident or loss.
- Research from motor trade guides including Glass's, Parkers and CAP.

Please bear in mind that the market value may not be the price you paid when you bought the car.

So I think with esure we are ok as I could easily give proof of what a replacement will cost me and they only have to look on line to see these cars are going up in value and the fact that Glass's etc are not representative of the current values of the Vee !!

 

[Alpineandy]

We calculate the amount you could have reasonably expected to sell your car for on the open market

I'm sure you'd eventually get somewhere near the real value but it could easily take you months to get an amount that you'd have been unhappy with 3 months earlier when the claim was lodged, but now you just want it over and done with so you can get on with your automotive life, as you're fed up with arguing.

Or you could be the lucky one that get's it sorted in 3 weeks..... That's your gamble.

 

[craigy990]

Lol I take your point :salut: I will check with them to see what they say they would do

 

[martinr82]

When I cancelled with esure, they asked me why I was cancelling and I said I was moving to an agreed value policy, they had no idea what that was.....

 

[Lankan]

When I cancelled with esure, they asked me why I was cancelling and I said I was moving to an agreed value policy, they had no idea what that was.....

Martin, I am not surprised - it can be safely said that one should never rely on insurers who conduct "Research from motor trade guides including Glass's, Parkers and CAP" to insure their classic cars. Now that the Vee is being considered a (modern) classic (certainly had no problem adding #002 to my multi car policy with Hagerty when I bought it in 2011), one should really look at getting an agreed value policy with a specialist insurer.

Who did you take out the agreed value policy with?