Agreed Valuation for Insurance

[71Westy]

Hi folks,

Any tips on how to get an agreed value for my bus for the insurers?

Thanks,
Nick

 

[treacleminer]

depends who your insurers are. I got mine with sure term, up to £5000 you just send them 6 photos ( front back sides, interior and engine) and sign a condition statement, anything more needs a written valuation from someone like type 2 owners club, but these cost and take time to arrange! Camper and Commercial Mag reckons Footman James will do self cert valuation up to £15k and only need a club valuation above that. Hope that helps.

 

[matt-me]

Mike Clements (Clem on here) did mine. Sent him some photos and words on what had been done etc. He sent me a great letter which my insurance company accepted no problem.

Top man, thanks Mike

 

[vdub wannabe]

When I insured mine with agreed valuation they had a little box that said "how much did you pay for it", stupidly I told them the truth!

I thought I paid about £2500 to £3000 under the market value and spent the next few weeks convincing them it is actually worth more!

I did it in the end but I had to point them in the direction of Early Bay & VolksWorld websites to get them to see the error of their ways!

I'm with Adrian Flux, within their "specialist" VW camper section! :lol: They're just agents the actually insurer is NIG(?).

 

[71Westy]

Thanks folks. I should have said. I'm with RH Insurance. They don't actually specify what they need for the valuation, but that they need one for establishing an agreed value.

Nick

 

[matt-me]

If the info helps, I'm with RH Insurance, the agreed valuation from Clem was no problem. I had had it insured for estimated £10k from day one, had lots done and added CSp discs etc, Clem valued it at £13K and they accepted his valuation without question. I am sure it cost me only £10 more. They were also really good when i needed to add another named driver as i leant my bus to a friend to go to Glasto, no additional cost for the remainder of the year which was about 6 mths.

 

[tintintin]

I'm with Peter Best and like others had to send in photo's as the bus was taking shape. Started at an agreed of £15 K and I then increased and agreed the value again when the bus was finished. Very helpful people. Keep the photo's that they send back with a their stamp on them with your documents though.

 

[71Westy]

Clem - are you still doing this for folk? I did pm you, but I suspect it went awry.

Cheers,
Nick

 

[streetboy]

I'm with Adrian Flux, within their "specialist" VW camper section! They're just agents the actually insurer is NIG(?).

I just got mine back from the above arranged with 'Trinity' They say its worth £2500 :shock:
Its worth a fair bit more than that as it stands I know :x