Agreed value insurance

[Edd]

I need to sort out agreed value insurance for the Sport

Can people please give me some companies names that do this ?

Also who to avoid lol

What's involved ? Photos ? Receipts ? A letter from the club confirming value ?

Any help/experiences would be great

Please don't suggest Sky as they don't do it

Edd

[Lee H]

Mine is on agreed value with Adrian Flux. Could only find them and HIC who would do it.

They require 6 photos of the car and a spec sheet etc and they then let you know if they agree with your valuation or what value they place on the car.

Only problem I can see is they don't do the agreed value part till you take the policy out so if they don't agree with your value you are a little stuck. They agreed with mine each year though.

[Edd]

Tbh I had a complete nightmare with Adrian Flux in the past

Ill see what HIC say, cheers

[Lee H]

Same company as HIC now to be fair.

[Jack]

I thought Sky only offer it to existing customers - I've been offered it in the past.

Try Footman James and Graham Sykes; I seem to recall the latter gave me the option of agreed valuation although I didn't go through with the policy/quotation so no idea what the process is like.

[Edd]

:( this is proving to be more difficult than I thought

[Edd]

I thought Sky only offer it to existing customers - I've been offered it in the past.

Try Footman James and Graham Sykes; I seem to recall the latter gave me the option of agreed valuation although I didn't go through with the policy/quotation so no idea what the process is like.

I've never been with Sky so that rules me out

I'll give the others a try

Think is can I just add up the total cost of the build and get it agreed at the price ? Do I need someone to write a letter to confirm this ? As in the club ? or this not needed ?

I suppose it varies between companies ?

[Nova00]

I've never been with Sky so that rules me out

I'll give the others a try

Think is can I just add up the total cost of the build and get it agreed at the price ? Do I need someone to write a letter to confirm this ? As in the club ? or this not needed ?

I suppose it varies between companies ?

I have sent you a PM with my suggestion

[Dayle_]

I need to look at this too so any help would be much appreciated.

[MattBrown]

Peter Best classic policy FTW.

Do the cossies and old RS stuff.

[Dayle_]

Fathering law used to have his classic cars insured with Peter Best, he used to always say they were good.

[Edd]

been ringing around

so far;

HIC -323 for the year with agreed value
Heritage Quote -NO wont do it
Peter Best giving me a ring back tomorrow
Performance direct -ringing me back
Graham Sykes -wont offer me agreed value

[Edd]

What a productive day lol

Only managed to get one company HIC to give me a quote with agreed value :(

[Novasport]

Sorry Edd, forgot to reply to yout text earlier.

I use RH insurance. £128 for the Sport, with renewal this year at exactly the same price. Was only £71 to add the Swing.

They were recommended to me by Royston.

[Edd]

No worries Rich

I'll give RH a ring tomorrow, by the sounds of it they will do the job

[mk1nova_rich]

Don't hold your breath with Performance Direct...I'm still awaiting a callback from nearly 2 months ago :wtf: lol

[Royston]

Yes Edd, RH Insurance

All my cars are together through them, Vitesse & SR on the road, Sport off the road, all agreed value £297

[Edd]

Rich, Royston, I phoned RH insurance and they won't insure me :(

I think it may be due to the modifications the I gave them ???? roll cage, engine mods, wheels etc



......so the only place so far that will do it is HIC

has anyone else got any other suggestions of companies that might help ?

Edd

[phazer]

Unfortunately next to nowhere does an agreed value. When I last tried getting alternative quotes (been with HIC for years and years now) there were only a couple of companies who would do the value but then said they couldn't get even close to the HIC premium :tard:

Mind you when I rang Sky about my old VXR the guy almost fell off his chair when I told him what Admiral had quoted (fair price). They didn't even bother going any further lol

Let us know if you find any new insurers :thumb:

[chimp007_uk]

You'll strugle for agreed valuation as soon as you mention modifications... I had the Manta on a classic policy with agreed valuation with Lancaster, and they were brill. Add the mods, and they wont touch it, only places I found were HIC/Adrian Flux (although HIC were always cheaper...!?) and Competition Car Insurance. With HIC you get all the usual perks of track cover and 3rd part on other vehicles etc

[Royston]

My Sport has all the mods declared, but doesn't have a roll cage

[Novasport]

Rich, Royston, I phoned RH insurance and they won't insure me :(

I think it may be due to the modifications the I gave them ???? roll cage, engine mods, wheels etc



......so the only place so far that will do it is HIC

has anyone else got any other suggestions of companies that might help ?

Edd

They have my SCCR gearbox on there as a mod. Most likely the roll cage is your issue.

[Andy]

Not alot of places will insure a roll caged car

[Southie]

Try here Edd http://www.heritage-quote.co.uk/agreed-value.cfm

[mk1nova_rich]

Try REIS if you are still struggling with the rollcage, they mainly cater for the motorsport based cars but I'm sure they also do limited mileage policies for specialist road cars

[Edd]

Southie, tried them and it's a no no

Rich, I'll try REIS

Most likely I'm going to go with HIC, they were very very helpful on the phone tbh, and the price seems good

[mk1nova_rich]

Linky (http://www.reis.co.uk/index.php/what-we-do) here for you Edd

[Southie]

Had a search around, found a few other places to try Edd ;)

AA Classic car Insurance
Lambert House
Stockport Road
Cheadle
SK8 2DY
Tel: 0800 731 2063
website - AA Classic car Insurance

Adrian Flux Insurance Services
East Winch Hall
East Winch
King's Lynn
Norfolk
PE32 1HN
Tel: 0800 081 8989
Fax: 0844 888 0101
contact-us@adrianflux.co.uk

website - Adrian Flux Insurance Services

Carole Nash Insurance Consultants Ltd
Trafalgar House
110 Manchester Road
Altrincham
Cheshire
WA14 1NU
Tel: 0800 804 7955
Fax: 0161 927 2404
cars@carolenash.com

website - Carole Nash Insurance Consultants Ltd

Footman James
Waterfall Lane
Cradley Heath
West Midlands
B64 6PU
Tel: 0843 357 1908
Fax: 0121 559 9203
ccsales@footmanjames.co.uk

website - Footman James

Graham Sykes Limited
37 Rolle Street
Exmouth
Devon
EX8 2SN
Tel: 01395 255 100
Fax: 0845 1300 263
website - Graham Sykes Limited

GSi Insurance Services
48/49 John Wilson Business Park
Whitstable
Kent
CT5 3QY
Tel: 0800 612 9376
Fax: 01227 281889
enquiries@gsi-insurance.com

website - GSi Insurance Services

James Campbell & Son
38 Railway Road
Coleraine
Londonderry
NORTHERN IRELAND
BT52 1PE
Tel: 028 70344321
Fax: 028 70351733
Norton Insurance
Regency House
97 - 107 Hagley Road
Edgbaston
Birmingham
B16 8LA
Tel: 0845 330 0600
website - Norton Insurance

Peter Best insurance services Limited
180 High Street
Kelvedon
Essex
CO5 9JD
Tel: 01376 573033
Fax: 01376 573199
enquiries@peterbestinsurance.co.uk

website - Peter Best insurance services Limited

Sureterm Direct Limited
Sureterm Business Centre
Sovereign Court
Ermine Business Park
Huntingdon
PE29 6YL
Tel: 0800 999 2030
sales@sureterm.com

website - Sureterm Direct Limited

[Edd]

Thanks very much Southie :) you did better than me on the searching lol

I shall have a ring round when I get up from nightshift

[Royston]

I have used Peter Best, Carole Nash, for the Vitesse and the Sport

I have my ERF through Footman James

[Gaz1300SR]

I'm with footman James, they offer agreed value on my SR on classic policy. Been with them a few years now and found them the cheapest each time :thumb:

[MattBrown]

This is something I will require for lucy.

However, what people have spent is very differant to what a car is worth.

[Edd]

True Matt but I've just added up the cost of the build and want it agreed at that amount

[phazer]

In that case you will struggle especially as it is modified. The agreed values are generally based on what you'd expect the going rate to be for that car in that condition on the open market.

Having said that I would imagine most who have it have a higher value than anyone on here is willing to pay given recent threads lol

I've had to supply receipts, new pictures to HIC each year. They ask you to rate the condition of all of the major components, provide a spec list and also state what work was done professionally - I imagine this work attracts a higher value than diy mods.

[Lee H]

I've had to supply receipts, new pictures to HIC each year. They ask you to rate the condition of all of the major components, provide a spec list and also state what work was done professionally - I imagine this work attracts a higher value than diy mods.

Same as me with Flux.

Also you will be lucky to get your car valued at what you have spent, mine is valued at 1/3 of what it has cost me!!

[Nova_Tek]

My bro is going through Allianz/Lancaster IIRC for the SR. They have asked for pictures of interior/exterior/engine bay plus descriptions stating whether it's A1/VGC/OK etc.

[Edd]

Same as me with Flux.

Also you will be lucky to get your car valued at what you have spent, mine is valued at 1/3 of what it has cost me!!

How much do you have your agreed for ?

How much should I try to get mine at ? :confused:

I was under the impression that you get it agreed at a price the would enable you to purchase/build simular if it were ever stolen, is this not the case then ?

[Lee H]

How much do you have your agreed for ?

How much should I try to get mine at ? :confused:

I was under the impression that you get it agreed at a price the would enable you to purchase/build simular if it were ever stolen, is this not the case then ?

£8k.

No idea on yours tbh, not that clued up on Sports or their values.

That is the theory behind agreed value but its made a lot more difficult when the cars in question are getting so hard to get parts cheap enough to build them for a sensible price. Pretty sure a few people on here had their values rejected as they went in at £12k or something ridiculous like that.

[MattBrown]

£8k.

No idea on yours tbh, not that clued up on Sports or their values.

That is the theory behind agreed value but its made a lot more difficult when the cars in question are getting so hard to get parts cheap enough to build them for a sensible price. Pretty sure a few people on here had their values rejected as they went in at £12k or something ridiculous like that.

IMO, and im not being a c0ck here Edd, I'd say you would get around £5000 maybe £6000 for yours.

If you spend another £10k on it, I don't think it will add that much too it.

Its to stop people building posh cars, kicking funk out of them, stacking it, and just building another one.

[phazer]

I went in at what I thought would be fair (as I'm realistic), never tried for a ridiculous amount. The value on mine is less than the engine + components is worth to sell but ask an insurer what the book price is, even for a mint Nova and you'll have to accept that you're just covering a 'retail' value not a build value.

As Lee said, it's harder as parts become scarce as no-one really knows what a Nova is worth at the moment, some sell for peanuts and you wonder why, others for loads and people say it's too much.

[Southie]

Any look yet Edd?

[Andy]

lmfao at novas being worth more in flames lol

[Edd]

Think I'm going to go with HIC tbh Southie



lmfao at novas being worth more in flames lol

lol who said that ?

[Andy]

Any agreed value insurance company lol
Which brings me to the point of...has anybody ever had to claim and been paid out the agreed value????

[Benn]

Mines with HIC, same as Lee really. 6-8 photos, detailed spec list, cost of work and bits done. Any big bills can some times help. Anything over 5k and they like a local insurance asseser(spelling?) to come and look over the car.

Sky told me they only do it on concourse classic cars.

[scott.parker]

Right.. Ive got my mk1 on agreed classic with flux, as they were they only one's who would do agreed (although it's not the true value IMO)

Now the issue I'm having is i want to keep an agreed value FC cover policy, limited mileage etc, but add the missis who's just passed 18/7/11 but she's just turned 24, so i can have her on the car if i take a new policy with more th>n, but it's not worth it, as they wont do agreed, it's only £350 FC with her named driver, but they wont pay out no more then possibly the premium "if" anything should happen to the car..

So I'm struggling to get it insured with her on it, and keep agreed value of some sorts..
Pissed off is not the word.

Right Ive rang almost every single company i can find, including all listed in this thread, NONE will do agreed, or classic ppolicy'swith her on it as named driver, reasons are , 1. She's under 25, 2. She's just passed test/less then 1 years driving llicenseheld eetc 3. She dose not have her own insurance on her own policy.

So it looks like i will have to bite the bullet and cross my fingers nonothingappens to the car, and insure it with her on through More than.

Scott

[Benn]

Scott, leave it on the av, get her own policy with hic as shell be coverd to drive other cars... Then she fan do it andto drive it.

[scott.parker]

Too late, Ive insured with More than, and will swap back to agreed value in 12 months time.

[Gareth_C]

becareful with flux's and agreed values they got me big style on this last year. Told me my policy was agreed for the cars modds should anything go wrong its a new for old policy etc (had the value set at £6.5k) then they told me after the policy ended it wasnt agreed and also the company I was insured with went bust while my policy was still running. And they pretty much screwed me over again this year and this will be the last year insured with them what a crap company :mad:

[Pistol Pete]

Slight bump, but related questions.

Edd, what sort of premium did you end up paying??

Benn/Lee H, same question really.

And what value did you quote.

I am looking to get mine insured soon. Will more than likley go with HIC as i have always been with them.

Im hoping that at 29 and with a child (that makes me more responsible right!?) they will look upon me favourably when quoting lol

[marc69]

Lancaster are good, I use trhem for my 1960 mini. Agreed valuation, photos etc for £15.

[Edd]

Slight bump, but related questions.

Edd, what sort of premium did you end up paying??

Benn/Lee H, same question really.

And what value did you quote.

I am looking to get mine insured soon. Will more than likley go with HIC as i have always been with them.

I'm hoping that at 29 and with a child (that makes me more responsible right!?) they will look upon me favourably when quoting lol
I,m with HIC,

391 for the year with agreed value of 6k, wanted it higher but they wont do it

breakdown cover included lol

i do have a SP30 tho

tbh they were the only place that would touch me due to the cage

[Pistol Pete]

Hmmm, thats not too bad TBH. Wonder how much extra because i'm running an XE? Guess i will have to make the call.

[Lee H]

Mine is £580 fully comp with £8k agreed value.

Clean license, full ncb, 29 years old, terrible postcode.

[Benn]

Mines £550. With a £7k agreed and free break down cover.

Clean lic, Full ncb (11 years) 29 at the time, great lovely postcode..

[Nick J]

Mine was £480 fully comp on the yellow one last year with everything declared. I have 10 years ncb with a clean license and nice postcode. Also Agreed at 7k, I went for more but they wouldnt have it then but I guess another 3k in receipts since would have possibly seen them up the agreed valuation.

Nick.

[MARTIN KELSON]

Im hoping that at 29 and with a child (that makes me more responsible right!?) they will look upon me favourably when quoting lol

Mates insurance went up when he told them he had a child. Distraction in the car whilst driving was there reason for this.

Can see there point, how mant times do you follow somebody & there watching what the child is upto & not the road!

[Pistol Pete]

Very valid point. But not likely to have him in the car TBH!!! If he does start creating i always ask my misses to see to him if she is in the car, or if solo i pull over.