Getting car valued for insurance
Getting car valued for insurance
Author
Discussion

Hoover33

Original Poster:

5,993 posts

266 months

Monday 7th February 2005
quotequote all
Never done this before....

I assume you find a fiendly TVR specialist/dealer, phone up, make appointment. Turn up hand over some cash and get a figure jotted down on some headed paper????????

Mr Sheen

1,346 posts

288 months

Monday 7th February 2005
quotequote all
Got mine valued at Offord Motor Company

bridgdav

4,805 posts

272 months

Monday 7th February 2005
quotequote all
I thought you only need to get it valued if it was over a certain price...? £10K

I filled in a form rating the condition of all aspects of the car, including mileage etc....

Seeing as the market value of a standard S is pretty stable at the moment is there really a need to have this second value opinion.

If you can garauntee that the insurance company will make a settlement if needed to that valued amount, then it will be worth it....

If they will refer the valuation to similar cars in the marketplace and make you an offer based on their Expert assessors the why get it valued in the first place.

IMHO, With a classic car like the S, the value is what someone is willing to pay for it. Not necessarily what it will cost to replece.

Who are the insurers...?

kentishS2

15,169 posts

258 months

Monday 7th February 2005
quotequote all
I'm with classic line and I had to complete a form and provide some photographs to back up the condition of exterior and interior etc that I had given on the form.

They accepted both and gave me an agreed value of £6500.

Hoover33

Original Poster:

5,993 posts

266 months

Monday 7th February 2005
quotequote all
Its one of the critera required by the classic car insurance offered through A Manning..

Over 10 years old

Mileage statemenet

6 Pics of the car

Experience ....over 6000 miles or 2 years ownership of rear wheel sports car over 200bhp

and a valuation....

It was not the cheapest, but it could by the cheapest in the long run if I up grade to a Griff this year.

stumashy

67 posts

262 months

Monday 7th February 2005
quotequote all
I had to get a valuation for my classic policy through Footman James.
I took it to a local classic car dealer and he gave it the once-over.
Best thing about it was he valued it at £250 more than I paid for it only 2 weeks earlier!

V8Smith

3,510 posts

277 months

Monday 7th February 2005
quotequote all
Hi Steve, I got mine valued by Offords too, they dont charge, I would a opoisk Simon.

Dave the valuation is to stop the insurance company from giving you less than the car is worth. Getting the car valued means this figure is what they guarantee to pay out in the event of loss!! Saves the hassle believe me and you know you are getting full market value as insurance companies like to pay out as little as possible...!

Later

Mike

flinny

153 posts

262 months

Monday 7th February 2005
quotequote all
I had to get a valuation for Mannings as well. I spoke to Rob Ingleby (find a sports car) who sorted me out with one. He advertises in Sprint if you want his number.

Hoover33

Original Poster:

5,993 posts

266 months

Monday 7th February 2005
quotequote all
Right ......seeing as car is Austec on 18th.... I'll have a word with Gatwick TVR....
If not I'll give Offords a bell, and zoom up there on the 19th

tvrinbfg

1,459 posts

308 months

Monday 7th February 2005
quotequote all
I understand that the TVRCC will soon be offering this service again. Expect an announcement on TVRCC website and Pistonheads etc in the next couple of weeks.

imccar

101 posts

254 months

Monday 7th February 2005
quotequote all
tvrinbfg said:
I understand that the TVRCC will soon be offering this service again. Expect an announcement on TVRCC website and Pistonheads etc in the next couple of weeks.



Hope they do soon, got a "one-off" that needs a reliable quote for my insurance!!

spivvy

1,535 posts

278 months

Tuesday 8th February 2005
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flinny said:
I had to get a valuation for Mannings as well. I spoke to Rob Ingleby (find a sports car) who sorted me out with one. He advertises in Sprint if you want his number.


ditto

definately worth getting it valued as without it you will have to argue with insurance company ,
they tend to say that if a repair estimate is near to 75% of the total value of the car they may write off and bearing in mind GRP specialist don't come cheap

been going through this recently , so gaet a valuation and save any long term anguish