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Old 15-03-2013, 04:02 PM   #1
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Default "Agreed Value" valuations

Hi

I'm insuring my CSL on a classic policy & I'm wanting agreed value.

Is there any way of getting a valuation from the CSL reg that I can show to my insurers as proof of value ? If not I have to find a specialist to scribble something out
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Old 15-03-2013, 06:24 PM   #2
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I though a car was only eligible for a 'Classic Policy' after it was 10 years Old?
You'd have to get a valuation from a specialist dealer eg. Munich Legends or NJ.
I doubt you'd get one from a BMW Dealership, unless perhaps Elms.
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Old 15-03-2013, 07:33 PM   #3
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I had my 2003 turbo on a classic policy , limited mileage

Just insured the CSL with ClassicLine on an agreed mileage which includes the option of agreed value, until agreed running on market value. UK breakdown incl and trackdays incl subject to who organises it & appropriate excess. Personally hate agreed mileage , but for this 1st year of ownaship it won't be a problem.

Back to the original subject, they will accept a valuation from an owners club
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Old 15-03-2013, 09:44 PM   #4
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Quote:
Originally Posted by Hot66 View Post
Back to the original subject, they will accept a valuation from an owners club
Therein lies the problem - we are not an Car Club, we are in essence an owners co-op.
NJ is however a member of this auspicious organisation, and should be in a position to give you an accurate valuation.
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Old 15-03-2013, 09:53 PM   #5
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Quote:
Originally Posted by Hot66 View Post

Just insured the CSL with ClassicLine
Mmmmm. I had a quote last wk from them; found them quite pricey to insure 2 cars (CSL and CS). Admittedly, cheaper than Admiral (Multi-Car policy), but in the end went with Pace Ward, who were MUCH cheaper than either.
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Old 15-03-2013, 10:01 PM   #6
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£450 .. Only tried a couple of other companies so not sure if I could got cheaper ..... Getting insurance quotes is one of my pet hates
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Old 16-03-2013, 12:27 AM   #7
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Pace Ward +1 !!
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Old 16-03-2013, 08:11 AM   #8
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Quote:
Originally Posted by Hot66 View Post
£450
sounds v.reasonable.


£746 they wanted off me. 5k miles. 9yr NCB. Nottingham. The M3 CS was £866 - 10k miles, mirrored NCB = £1612 in total.

Pace Ward - £950 for both cars, on their 'Family Fleet' scheme. Could also knock a further 50% off one (and any additional) of the cars if i was the only driver on the policy! Had to include the missus though
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Old 16-03-2013, 11:38 AM   #9
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Quote:
Originally Posted by cslhunter View Post
sounds v.reasonable.


£746 they wanted off me. 5k miles. 9yr NCB. Nottingham. The M3 CS was £866 - 10k miles, mirrored NCB = £1612 in total.

Pace Ward - £950 for both cars, on their 'Family Fleet' scheme. Could also knock a further 50% off one (and any additional) of the cars if i was the only driver on the policy! Had to include the missus though
You should have told her you could not afford to insure her too
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Old 16-03-2013, 11:43 AM   #10
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Given you bought it very recently surely the fair price is documented by the receipt for the car, it won't have jumped up or down in the last few weeks.
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