Insurance valuation in Essex
Discussion
fatboychim said:
As I understand it you tell them what you want it valued at and send the photos (they're quite specific about what they want photographed).At that point they then either agree the value or don't. I assume that if they agree a value then they must be bound to it.
It is but generally there's an ROR in there. Take one of the common insurers of classic policies that PH'ers use, they state "we reserve the right to decline any value and ask for a second opinion". It is all based afterall on "utmost good faith" and material disclosure.
>> Edited by TeGriffic on Friday 2nd June 00:23
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