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Are we talking about an 'Agreed Value' here or just a valuation as they are 2 different things, the insurance value is not what they would pay you, its a market value price. An Agreed Value is what the insurer will pay you in the event of a loss.Personally I think your value is high, you are basing it against what people are advertising fully restored buses for which costs a lot of money to do by a professional restorer and there no guarantee thats what they actually get for them.Market prices have dropped significantly recently with top quality buses selling for £15K or less, have a quick look in the for sale section on here and you will see some really nice buses for less than £15K. Yes I know its RHD and a sunroof but my own bus (LHD & sunroof) has an agreed value of £14K, dont think theres a £10K premium for RHD.
Are we talking about an 'Agreed Value' here or just a valuation as they are 2 different things, the insurance value is not what they would pay you, its a market value price. An Agreed Value is what the insurer will pay you in the event of a loss.
Personally I think your value is high, you are basing it against what people are advertising fully restored buses for which costs a lot of money to do by a professional restorer and there no guarantee thats what they actually get for them.
Market prices have dropped significantly recently with top quality buses selling for £15K or less, have a quick look in the for sale section on here and you will see some really nice buses for less than £15K. Yes I know its RHD and a sunroof but my own bus (LHD & sunroof) has an agreed value of £14K, dont think theres a £10K premium for RHD.
