steve_b
Member
Registered: 15th Jun 03
Location: Oswestry, Shropshire
User status: Offline
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If i was the insurance company I wud give ya £2k
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Hamish
Member
Registered: 4th Apr 05
Location: Ashtead, Surrey Drives: 100bhp Mint with Hole
User status: Offline
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quote:
Originally posted by Steve
agreed values dont necessarily mean thats what you'd get, my 106 was insured for 3500, but i only got 2700
thats not agreed value though is it? 
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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quote:
Originally posted by Hamish
quote:
Originally posted by Steve
agreed values dont necessarily mean thats what you'd get, my 106 was insured for 3500, but i only got 2700
thats not agreed value though is it?
is there a difference?
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16V_1600
Member
Registered: 7th Oct 07
User status: Offline
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quote:
Originally posted by FruitBooTeR
 gutted mate fuk paying 750 though
same here! That sucks mate
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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to my knolledge yes steve.
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Graham88
Member
Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
User status: Offline
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Yeah. Agreed value is something you pay extra for. So you are guarenteed that amount if it's written off/fire etc
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Hamish
Member
Registered: 4th Apr 05
Location: Ashtead, Surrey Drives: 100bhp Mint with Hole
User status: Offline
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quote:
Originally posted by Steve
quote:
Originally posted by Hamish
quote:
Originally posted by Steve
agreed values dont necessarily mean thats what you'd get, my 106 was insured for 3500, but i only got 2700
thats not agreed value though is it?
is there a difference?
yea, just because you says its worth that doesnt mean that the value is agreed.
With agreed value to have to submitt photos/evidence before the policy is taken out and agree on a value with the insurance company
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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is agreed value reviewed yearly?
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Dan A
Member
Registered: 16th Dec 05
Location: Wakefield, West Yorkshire
User status: Offline
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Gutted for you ash
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by chumbly_warner
agreed valuation of 15k!!! LOL.
Drive it into a wall without further thought!!! LOL
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Hamish
Member
Registered: 4th Apr 05
Location: Ashtead, Surrey Drives: 100bhp Mint with Hole
User status: Offline
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quote:
Originally posted by Steve
is agreed value reviewed yearly?
i honestly dont know. Thats an interesting point. Would make sence that it would be
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by Hamish
quote:
Originally posted by Steve
is agreed value reviewed yearly?
i honestly dont know. Thats an interesting point. Would make sence that it would be
It must be surely, id think it would gradually get less aswell as the car ages - £15k is alot for erm that 
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Hamish
Member
Registered: 4th Apr 05
Location: Ashtead, Surrey Drives: 100bhp Mint with Hole
User status: Offline
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i suppose it would depend if the car was modified or not.
A standard car would depriciate over the years.
Where as a custom modified car like this and ed's for example may not so much as there is more value in the modifications than the car.
Possibly i dont know im guessing
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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modifications dont add value, not automatically anyway
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Any car will depreciate modded or not!
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Nath
Member
Registered: 3rd Apr 02
Location: MK
User status: Offline
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quote:
Originally posted by Steve
agreed values dont necessarily mean thats what you'd get, my 106 was insured for 3500, but i only got 2700
So he might only get 12k then? Gutted.
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Hamish
Member
Registered: 4th Apr 05
Location: Ashtead, Surrey Drives: 100bhp Mint with Hole
User status: Offline
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but thats the point of agreed value. They do. Its not just the modifications as such, but all the man hours that have gone into making the car.
Ash's car for example here. If he were to right it off. The amounts of man hours that would be required to make another idientical car (eg all the smoothing) are all taken into consideration in the value of it
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
User status: Offline
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quote:
Originally posted by Steve
is agreed value reviewed yearly?
Yes, but think about your house insurance. If you've got a 5 year old TV, which cost £750, you get £750 if it's nicked, not £200 to buy a 5 year old one, it's the same if you have a decent insurer.
The £15k isn't about the sale value of the car, it's about how much it would cost to replicate it, which is why Paul H has an agreed value of £5k, but his car wouldn't sell for that...
The value of the mods on Ash's car won't be any less to have done now than they would have been 5 years ago.
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STEvieXE
Member
Registered: 21st Jan 03
Location: Ballymena N.I.
User status: Offline
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is there any other damage, cross member etc??
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jimmy 2.1
Member
Registered: 17th Oct 05
Location: Shipley, West Yorkshire
User status: Offline
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Gutted Ashley!
One of the best Combat 2 kitted corsa's around! and a proper modded car....one thats built to be driven! 
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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ainsley_brader
Member
Registered: 24th Mar 02
Location: Tattershall, Lincolnshire
User status: Offline
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quote:
Originally posted by chumbly_warner
So i am picking the car up off them tonight and it is going to get put in the garage until i can either claim off the insurance to fix it or decide what to do with it.
Why can't you claim off the insurance company now?
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leeshez
Member
Registered: 3rd May 01
Location: Great Harwood, Lancashire
User status: Offline
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Nasty
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RS6
Member
Registered: 5th Nov 03
Location: with MJ
User status: Offline
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hope u get it sorted soon mate! gutted for you
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flybikeslee
Member
Registered: 2nd Jan 07
Location: Liverpool
User status: Offline
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hate seeing things like this reminds me when i had similar situation
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