Rich,
YHM
YHM
£200k for an RSL before Summer?
- Thread starter BlueNGT
- Start date
The insurance is normally a guide and any total loss is a fair market replacement which then you both prove, benchmark would appear to be £100k, so give the figure and if a loss occurs they look to replace the car, they don't look at the figure.
Adrian Flux says:
Is my value guaranteed in the event of a claim?
In theory, yes, and this will be the case in the majority of cases. After all, to give it its technical definition, "agreed value is an insurance contract under which the insurer agrees to pay the insured a stated amount in the event of the total loss of the property insured without any adjustment for depreciation or appreciation".
However, in the event of a total loss "" or possible total loss "" insurers will want to inspect the vehicle to ensure that its condition at the time of the accident remains in keeping with that at the time of its agreed valuation. If the car has clearly deteriorated (other than its obvious damage!) then the insurer is likely to offer the current market value.
Classicline says:
Agreed Value
So your dreams don't stay shattered for long. In the case of a total loss claim, you'll be guaranteed to be paid out the agreed value amount. All Classic cars qualify for an agreed value on the policy, all we need is a valuation. If you're a member of a car club or have a specialist garage that can value it for you, then we'll put it in force free of charge. We also have an in house solution available.
Is my value guaranteed in the event of a claim?
In theory, yes, and this will be the case in the majority of cases. After all, to give it its technical definition, "agreed value is an insurance contract under which the insurer agrees to pay the insured a stated amount in the event of the total loss of the property insured without any adjustment for depreciation or appreciation".
However, in the event of a total loss "" or possible total loss "" insurers will want to inspect the vehicle to ensure that its condition at the time of the accident remains in keeping with that at the time of its agreed valuation. If the car has clearly deteriorated (other than its obvious damage!) then the insurer is likely to offer the current market value.
Classicline says:
Agreed Value
So your dreams don't stay shattered for long. In the case of a total loss claim, you'll be guaranteed to be paid out the agreed value amount. All Classic cars qualify for an agreed value on the policy, all we need is a valuation. If you're a member of a car club or have a specialist garage that can value it for you, then we'll put it in force free of charge. We also have an in house solution available.
964rsdatabase
New member
Mine is due for renewal with Classicline in May. Haven't got a clue what value to put on it! [8|]
Mine also due for renewal in May. It's all well and good this forum projecting values but you need someone independent to value them and they may well view them less favorably than is being intimated here.
Des
that's exactly the problem. The figure you give on inception/renewal may well be out of date within weeks/months into the policy. The insurer will only ever pay out the max you insured for.
that's exactly the problem. The figure you give on inception/renewal may well be out of date within weeks/months into the policy. The insurer will only ever pay out the max you insured for.
Each insurer has their own systems, mine are cool with the valuation but will replace in a total loss, pleased to give you their details. They also cover 5 free track days a year.
Gordon Attar
New member
Melvin
Have you an email address pls as after a quote for trailer from East Midlands airport to Northways and the pcgb emai/pml system isnt working still unless you have an email from me on Monday. Thanks
g.attar@btinternet.com
Have you an email address pls as after a quote for trailer from East Midlands airport to Northways and the pcgb emai/pml system isnt working still unless you have an email from me on Monday. Thanks
g.attar@btinternet.com
Gordon, if you click on his user name his email is on his home page transport@Flyingbluedog.co.uk
Hacki ..... [
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Hacki
Active member
ORIGINAL: carreraboy
Hacki ..... [
No, not me. I´m too busy training my squirrels to march in formation and clap their heels. It´s not exactly perfect yet, to say the least. They keep bailing out all the time, heading for Greenwich Park.
RSs are nice, no doubt. But if I had to decide now, I´d buy a trackday toy (older 997 Cup, I think) and an American 1940s Business Coupe for the country roads.
The wealthy guys seem to go into Group C cars, as it looks. If you want to make a small fortune with driving Group C cars, start with a large one!
Rgds,
Hacki
P.S.: Squirrels´rights have to be respected
But the driving of these cars is priceless .... picking the car up today[
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Des, are you having the Maritime car that Paul Mc is selling?
Just home now after an intoxicating drive home from Andover .... yes the Maritime RS.
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Feels very taught with the full welded cage. Planted on the KWV3 Suspension, very steady on the road no lurching off or tram lining ..... []
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Is it the sameV3 set up as mine, with the factory RS monoballs or standard C2 ?
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