Jump to content


Photo

Agreed Insurance Valuation


  • Please log in to reply
4 replies to this topic

#1 1984mini25

1984mini25

    Crazy About Mini's

  • Members
  • PipPipPipPipPipPipPipPipPipPip
  • 8,783 posts
  • Location: -

Posted 11 April 2020 - 01:51 PM

#


Edited by 1984mini25, 12 April 2020 - 10:00 PM.


#2 Shep76S

Shep76S

    Super Mini Mad

  • TMF+ Member
  • PipPipPipPipPipPip
  • 542 posts
  • Location: Kent
  • Local Club: L&SMOC

Posted 11 April 2020 - 04:16 PM

I always get my valuation through my insurer, I hope there will be less wiggle room in the event of a payout

#3 MiddletoM

MiddletoM

    Stage One Kit Fitted

  • Just Joined
  • PipPipPip
  • 60 posts
  • Location: Arlesey

Posted 11 April 2020 - 04:45 PM

i insured my recently restored mini mayfair though Lancaster insurance, they do agreed valuations,.You state what the minimum value you believe your car is worth when you get your quote, then once you have taken out the policy they send you a link for you to upload pictures and information about the car and work you have done/had done.

I low balled mine at 10k so next year i will revalue it at £15k i think. But its nice to know if something happens i wont get £5k for it which seems to be around the max and insurer will pay for a classic mini.



#4 dyshipfakta

dyshipfakta

    Camshaft & Stage Two Head

  • Members
  • PipPipPipPipPipPipPipPip
  • 1,696 posts

Posted 11 April 2020 - 06:30 PM

Same here I didn’t need to use a 3rd party for my agreed value. Just sent photos to insurance with a reasonable estimate and that was that. I think club values is more for cars with particularly high values. Rather than modest classics

#5 1984mini25

1984mini25

    Crazy About Mini's

  • Members
  • PipPipPipPipPipPipPipPipPipPip
  • 8,783 posts
  • Location: -

Posted 11 April 2020 - 07:06 PM

#


Edited by 1984mini25, 12 April 2020 - 10:00 PM.





1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users