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Insurance Agreed Valuation
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Topic: Insurance Agreed Valuation (Read 9373 times)
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donw
Megaposter
Posts: 586
Re: Insurance Agreed Valuation
«
Reply #15 on:
11 January, 2012, 01:08:25 PM »
Gus
Normally insurers define a relevant qualification as a marque/model expert, classic car dealer or restorer, I doubt that a general mot garage would qualify.
If they do accept such a signature there is the potential for major arguments in the unfortunate event of a claim. It would be much safer to ask them to a definition at this stage, if I were having these problems I would find another broker/insurer with proven expertise in insuring classics.
No one is likely to sign a valuation without actually inspecting the vehicle but the guide in Classic Cars gives 7k for good, 12k for mint & 15k for concours/dealer. So somewhere between 7k and 15k would seem to be the range.
Don
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Don Williamson
Member 111 joined 26th July 1963
1917 Theta 2str
1926 Lambda torpedo
1930 Artena berlina
1933 Belna coupe
fay66
Permanent resident
Posts: 6231
Re: Insurance Agreed Valuation
«
Reply #16 on:
12 January, 2012, 12:12:42 AM »
Going by my FJ form it looks like any LMC Committee Member would meet the Criteria.
Brian
8227
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Own 1966 Fulvia 2C Berlina since 1997, back on road 11-1999.Known as "Fay"
2006 Renault Megane 1 5 Dci Sports Tourer
Dedra Technical Adviser
Dilambdaman
Permanent resident
Posts: 1380
Re: Insurance Agreed Valuation
«
Reply #17 on:
12 January, 2012, 09:54:51 AM »
Don Williamson kindly valued the Dilambda and Footman James accepted and agreed it.
Robin.
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Robin Lacey 3222
1932 Dilambda
1992 Y10 GTie
2012 Delta Mk3
2013 Ypsilon 846
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