Insured Value

[ravydavy]

Ok, the value of these car's seems to be going up. :approve:

As it stands I could not replace my car for the value it's insured for (which they stated couuld only be the purchse price). What are my options?

Get an agreed value?

Also do you reckon £14.5-15k is about right for Illiad with 39k miles?

Cheers

 

[Lankan]

Agreed value all the way, but you will have restrictions - must not be a daily driver and limited mileage, both of which are usually not an issue with many Vee owners.

I would insure at the lowest valuation that you are comfortable with. That way if the Vee happens to be written off then at least you have peace of mind.

Hagerty do a good policy - have been with them for years now, and very happy with the service, prices, flexibility, ease of getting things done etc.

 

[ravydavy]

Cheers Dulan. :approve:

Greenlight have said they will offer market value as opposed to agreed value. I will give hagerty a call.

Edit: Tried Hagerty. Bloke wasn't interested. Firstly said we don't do Clio V6's then when I mentioned they already insure vee's he reckons the annual mileage (4000) was too much. :s

I guess he worked out where I live from the phone code and wrote it off.