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Hi all
Well my new Silva leader
Just got insurance from Adrian Flux I put down the price i bought it for but because it is classed as classic 1973 I can put it down for agreed value. But I do think it's worth a lot
More and would be very hard to replace so how would I get someone to do a valuation on
It like a kit car club committee member
Any help please
Andy
Hi Andy
I'm not sure how Adrian Flux approach Agreed Value policies but I have such policies with both A plan and Graham Sykes.
Provided the Agreed value was less than a certain figure (which I think was around the £20k mark) both accepted the owners valuation without needing any independent verification. All they required was a series of photos of the car and completion some of the cars details on a form.
In my view an agreed value for a kit car is always a good thing to have. I'm sure the variation in market place prices for kit cars could cause a lot of arguments between owners and insurers in the event of a total write off.
Best regards
Neil