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BarnFind

Original Poster:

506 posts

177 months

[report]
[news]
Saturday 25th September 2021
quotequote all
Just renewing my insurance with Classic Line and have been offered a choice of £40,000 Agreed value or £50,000 Market value.I paid £40,000 for the car but it would cost between £60,000 to £70,000 to build now.
Which is the better one to go for ?

Belle427

12,010 posts

264 months

[report]
[news]
Saturday 25th September 2021
quotequote all
Ford Escort?
Mini Metro?
Give us a clue.

BarnFind

Original Poster:

506 posts

177 months

[report]
[news]
Saturday 25th September 2021
quotequote all
Chimaera LSA 6.2 Litre Supercharged

MustangGT

13,882 posts

311 months

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[news]
Sunday 26th September 2021
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Get a professional valuation, then go with that as agreed value.

Belle427

12,010 posts

264 months

[report]
[news]
Sunday 26th September 2021
quotequote all
I’d have to agree with the above, surely the insurance company will need a valuation to give such a generous agreed value?
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