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Model specific boards => Golf mk2 => Topic started by: dscam on 25 January 2006, 11:45

Title: Mk2 Gti Insurance....Agreed Value Policies?
Post by: dscam on 25 January 2006, 11:45: Folks,

Will be die my renewal sometime soon and although I am getting a pretty good deal on my valver as a second car on limited mileage I'm looking to try and get it onto an agreed value policy.

Does anyone have experience of this or recommendations?

Having restored my car from very average to what I hope is a high standard I'd like the insurance value to reflect what I'd have to pay to get anything close to a replacement (touch wood never required!)......as it is, insurers would pay a pittance for a 15-16 year old car on a regular fully comprehensive policy.

Any advice appreciated as always
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: 16v Matt on 25 January 2006, 13:14: Alright mate, I have an agreed value on my valver. Costs an extra Ãƒâ€šÃ‚£15 & is agreed at Ãƒâ€šÃ‚£3500. Thats with HIC.
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: gti jim on 25 January 2006, 13:34: what's the process lads?? do the insurance come out and assess the car themselves??
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: tobz. on 25 January 2006, 13:49: I've got mine on an agreed value policy with HIC for Ãƒâ€šÃ‚£3300
All you have to do is fill out the form detailling exact condition etc then send it along with any recent receipts for major work and a few good photographs showing bodywork, interior etc. they then send you a valuation certificate and it's job done.
Two years running they have agreed to my valuation of Ãƒâ€šÃ‚£3300
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: 16v Matt on 25 January 2006, 13:50: No, not with hic. They send you a pack & you need to take a minimum amount of photos, 6 i think. Ãƒâ€šÃ‚Â Fill in some forms, tell em of anything you've done to make it worth what you think it is. Ãƒâ€šÃ‚Â Then you send em back & an engineer decides wether its worth what you're claiming. Ãƒâ€šÃ‚Â Job done.
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: 16v Matt on 25 January 2006, 13:51: HA! What he said :grin: :embarassed:
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: gti jim on 25 January 2006, 13:56: insurance is up at the end of feb so defo gonna have to give this a go. the valver is in pretty good nick, i've spunked bundles on her over the last year to try and bring her back up to A1 (or as close as) condition.

cheeeeers lads :smiley:
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: martinb on 25 January 2006, 14:11: ^^i work on sales for golf+ insurance/hic so if you pm me your number i'll give you a bell and sort you out with a quote. With regards to the agreed value it costs 15.75 extra with us and what the others said is pretty much spot on as to how it works! :smiley:

hope this helps :smiley:

martin
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: gti jim on 25 January 2006, 15:59: ^^^^^ you got mail :smiley:
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: martinb on 25 January 2006, 16:49: sorted! hope the quote was ok! let me know if you get any better!

cheers :smiley:

martin
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: dscam on 31 January 2006, 11:05: Just an update on this thread; I've been onto Martin who is a top bloke and got an outstanding quote on my valver with an agreed value policy - superb!

I know insurance costs are influenced by so many factors it's hard to say what deals an individual person might get....but given Martinb a PM and get a quote, can highly recommend it :)
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: Dizzie on 31 January 2006, 11:53: tobz, I dont' mean to be rude or insulting, but what makes yours up to Ãƒâ€šÃ‚£3300?
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: martinb on 31 January 2006, 12:11: cheers for the comments duncan (dscam)! glad to be able to give you a good price! :smiley:

^^diz, our agreed valuer has a mk2 gti so when he gets a nice mk2 to value it must be a refreshing change from some of the chav rubbish he gets agreed values on! :smiley:
Title: Re: Mk2 Gti Insurance....Agreed Value Policies?
Post by: tobz. on 31 January 2006, 12:36: Quote from: Dizzie on 31 January 2006, 11:53
tobz, I dont' mean to be rude or insulting, but what makes yours up to Ãƒâ€šÃ‚£3300?

Don't worry Diz no offence taken. I searched for a LONG time to find my motor and looked at a lot of dogs in the process. I concluded that to get an unmolested car in the condition I wanted I would simply have to pay the price. I paid Ãƒâ€šÃ‚£3300 for it and at the time that is what bog standard 3dr oak green sub 100k valvers were fetching. I think I would have to spend that much again to replace it so I'm glad the agreed value reflects that.