Agreed Value Insurance - any suggetions?

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  • skyinsurance
    S2Forum Enthusiast
    • Feb 2009
    • 136
    • Country: United Kingdom

    #16
    Originally posted by Error404
    how do you value modifications bought second hand? Since there are no receipts etc for this stuff? I can probably count on one handthe number of modifications i've bought new, but i have still spent ££££ - how does this work Ollie?
    It does make it more difficult, and a lot of people do go down the second hand part route (I do with my weekend toy car).

    It is a very difficult question to answer. If the car is involved in an accident then the insurers can see which bits are on the car and replace them on a like for like basis, it is only when a car is stolen and not recovered, the like for like situation becomes a little more ticky if receipts are not available.
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    • madpugger
      S2Forum Extremist
      • Sep 2007
      • 1901
      • Country: Scotland

      #17
      Originally posted by skyinsurance
      It does make it more difficult, and a lot of people do go down the second hand part route (I do with my weekend toy car).

      It is a very difficult question to answer. If the car is involved in an accident then the insurers can see which bits are on the car and replace them on a like for like basis, it is only when a car is stolen and not recovered, the like for like situation becomes a little more ticky if receipts are not available.
      I guess this is where build threads and lots of photos etc are useful.

      Le Mans 2012
      Nurburgring 700
      1995 S2 Avant

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      • skyinsurance
        S2Forum Enthusiast
        • Feb 2009
        • 136
        • Country: United Kingdom

        #18
        Originally posted by madpugger
        I guess this is where build threads and lots of photos etc are useful.
        Indeed, if you are like me, I keep a folder of photos and receipts etc.. I even keep a spreadsheet with the amount I spend on my pride and joy.. the last time I added it up I nearly threw up

        Ollie
        Sky Insurance
        Contact us:

        TEL: 03303 331250
        WEB: www.skyinsurance.co.uk
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