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Value for Insurance Purposes
#8
Value is market value, ie what it would cost to go and buy a car the same, or very close to what you have. Insurers will definitely not pay the cost of building a replacement car.
Obviously for our cars agreed value is the best option, and as has been suggested I would be looking for an agreed value of at least £20000.
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Messages In This Thread
Value for Insurance Purposes - by John P - 09-10-2020, 04:47 PM
RE: Value for Insurance Purposes - by John P - 09-10-2020, 05:01 PM
RE: Value for Insurance Purposes - by Chris KC - 09-10-2020, 05:08 PM
RE: Value for Insurance Purposes - by Nick Salmon - 09-10-2020, 05:22 PM
RE: Value for Insurance Purposes - by Steve Jones - 09-10-2020, 05:58 PM
RE: Value for Insurance Purposes - by Zetomagneto - 09-10-2020, 09:51 PM

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