718 Spyder PDK MY21 Insurance

[BlackSpyder]

What Value to suggest for Insurance purposes ?

Last year my Insurance Value was 95K but this year ( Feb 2024 ) they have reduced the value to £ 85K ..... ?

Any thoughts ?

[av185]

What was total list new on the car including options excluding on the road costs?

[WG]

I am renewing my 718 Spyder insurance this week ( also PDK and MY 2021) I have an agreed value of £87.5k which seems about right looking at current OPC prices.

Edited by WG on Tuesday 23 January 11:22

[av185]

Yep unless the car has several expensive/overpriced extras such as e.g. PTS and ceramics possibly buckets looks like top £80ks is about right.

My 2021 model manual GT4 insured for £85k.

[Tony B2]

Which insurance companies are currently offering agreed value policies?

[BlackSpyder]

Hi John ( WG )

I will discuss this with my Broker / Insurance Co. ( ERS Prestige ) ... also a New Endorsement for this year ' Theft restrictions ( secure / underground parks ) ' which will also have to be explained before I renew . Plus £323 increase on Premium !!

SBD

[WG]

Hi Black Spyder - I am also with ERS and a similar increase year on year to you! Fortunately, the Macan was reduced by about the same amount (don't know why) so overall cost same as last year - I feared much worse!

[WG]

Tony B2 said:

Which insurance companies are currently offering agreed value policies?

ERS via Nowell and Richards (01785 255514)

[av185]

Do they requure tracker activation?

Thanks.

[WG]

av185 said:

Do they requure tracker activation?

Thanks.

Yes they do unfortunately.

[av185]

Cheers.

[elisered]

Tony B2 said:

Which insurance companies are currently offering agreed value policies?

I’ve just switched to an agreed value policy for my 981 Spyder with Lockton (underwritten by Aviva) who have not required a tracker. AV can be self certified apparently though I did get a Club valuation. Policy does not accumulate an NCB - I guess ERS would be the same? - so could be an issue if it’s an only car.
My suspicion is that anyone who steals a “valuable” car nowadays will assume it has a tracker and act accordingly, so in practice it’s not much of a deterrent.

[WG]

elisered said:

I’ve just switched to an agreed value policy for my 981 Spyder with Lockton (underwritten by Aviva) who have not required a tracker. AV can be self certified apparently though I did get a Club valuation. Policy does not accumulate an NCB - I guess ERS would be the same? - so could be an issue if it’s an only car.
My suspicion is that anyone who steals a “valuable” car nowadays will assume it has a tracker and act accordingly, so in practice it’s not much of a deterrent.

I do have protected NCB on my ERS policy