Quote:
Originally Posted by dandan
how do the insurance company make the decision of how much an agreed valuation is? like say you couldnt for the life of you go out and buy a B2 80 turbo diesel like mine they are that rare, then take into account the £2000 ive spent on it, can you have a say in how much you thinks worth at a personal level and the insurance company listen, my insurance is up soon, next time i need agreed valuation due to the 2k ive threw at it
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Typically the agreed valuation is done independantly by a recognised club or expert in the marque. In our case Coxy and Issimo will value Audis and produce a certificate. You also have to verify condition with photographs to go in file and there is an additional cost for cover.
It's called an agreed valuation because ultimatley the value is agreed between the owner, the valuer and the insurance company. This is a check to make sure the valuation is realistsic and bears some resmeblance to reality
If the 3 of you can't agree then you will not get the cover. The valuation may go someway to protect the amount of work you have put in but don't expect because you have lavished 10 grand on your car you can expect the insurer to cover that.