she didnt pass the mot ;-(

[fostersice]

ok so i spent the whole you friday working on the car

 

i had the exhaust redone as the rear can fell off

and was hitting

 

then drove it to work and set up the front suspension and tracking.

 

today it went for the mot and didnt pass

 

failed on

 

no front number plate ( fell off and lost it lol)

fuse in the haz was blown so hazards not working

 

so i have had to order a new plate and will get a fuse tomorrow

 

just need to set up insurance

 

does £400 sound a lot for asured value of £30k ??

 

ps see you at the next show lol

[GT_lenny]

nothing major then i'm fully expecting the cortina to explode on the way to the mot

 

£400 seems reasonable to me ?

[fostersice]

So happy it was just two silly thing

 

After a complete build I thought the was going to be a shed loads to do lol

 

Just has to be dyno'd

insured and tax

 

Then the little bits I'm not happy with

[stevepeanut]

So happy it was just two silly thing

 

After a complete build I thought the was going to be a shed loads to do lol

 

Just has to be dyno'd

insured and tax

 

Then the little bits I'm not happy with

 

on the video where you were driving it up the street a couple of weeks ago, was it not insured? thats mad on a car worth 30k, if some idiot had drove into you, that could have been bad shit

[marky4]

glad it wasn't anything major

[fostersice]

It was driven on a dead end road mate

so no probs lol

 

Plus built it once can always do it again just faster and better lol

 

Plus had to set up everyhing Inc brakes before mot

[stevepeanut]

well for a big build, a plate and a bulb not working is a good result, 2 tiny things to sort, I'd be happy with that, good to see it done and finished

[fostersice]

i am very happy

 

just have to insure and tax the have it dyno'd go get her running right then its just the little bits

[over_head_cam]

Insurance seems very reasonable m8. Glad it was only a couple of sillys too for the MOT.

 

I's been a mega-build so it will be nice to see you out at the shows and meets this year

[bortaf]

How did you get it to the MOT with no insurance

not a csae of rebuilding it more a case of having it impounded and crushed i'd be worrying about

 

£400 is bloody good i recon IF you've declared all the mods ?

but then i spose it depends on how old you are ?

 

I pay £98 fully comp on a Mk3 cortina but i'm an old fart

[fostersice]

How did you get it to the MOT with no insurance

not a csae of rebuilding it more a case of having it impounded and crushed i'd be worrying about

 

£400 is bloody good i recon IF you've declared all the mods ?

but then i spose it depends on how old you are ?

 

I pay £98 fully comp on a Mk3 cortina but i'm an old fart

 

 

trade plates mate as the car was booked in i am covered for everything lol

 

 

36 years old and full list given along with full engine and bhp set @ 440bhp

just to cover me

 

rsoc discount come in handy lol

[4parajon]

Your insurance is about right mate, mines £450 for £40k

[kevmk2]

Well done for getting it on the road

I reckon that these agreed value insurance policys wouldnt pay out if push come to shove. They say they will insure a car for £30 or £40k, but i bet they wouldnt pay if it got stolen or written off

[corsair66]

No my mate had a nice Pinto powered 2 door Mk1 Cortina written off on agreed value of £5,000 insurance would only give £3000 no amount of Solicitors on the case made any difference. Went on for ages but never got anywhere. Now he has a new toy, the Supercharged ST170 powered ratty Cortina that was in Classic Ford back around Christmas. Paul

[fostersice]

Your insurance is about right mate, mines £450 for £40k

 

is that your car in the sig?????

 

if it is please send me some pics of it???

[Vista]

No my mate had a nice Pinto powered 2 door Mk1 Cortina written off on agreed value of £5,000 insurance would only give £3000 no amount of Solicitors on the case made any difference. Went on for ages but never got anywhere. Now he has a new toy, the Supercharged ST170 powered ratty Cortina that was in Classic Ford back around Christmas. Paul

 

That's interesting (aka a concern) what reason was given for refusing to honour the agreed value? The premium charged is linked to the amount of the agreed value surely?

[FredTransit]

When did you loose the plate? I hope it was on the way to the test. as for the fuse, if you had them on you, wouldn't they pass it? I nearly failed on no dipped beam, it was loose fuse and so they let it go. I knew all the lights were working before I went. What I didn't know is the vac pump decided to eat it's O ring resulting in a bad oil leak. Again fine when I left.....

[corsair66]

No my mate had a nice Pinto powered 2 door Mk1 Cortina written off on agreed value of £5,000 insurance would only give £3000 no amount of Solicitors on the case made any difference. Went on for ages but never got anywhere. Now he has a new toy, the Supercharged ST170 powered ratty Cortina that was in Classic Ford back around Christmas. Paul

 

That's interesting (aka a concern) what reason was given for refusing to honour the agreed value? The premium charged is linked to the amount of the agreed value surely?

 

I will have to check with him I will get back on that one. Paul

[bashbymk2]

I have been working in the insurance trade now for around 7 years and you are correct in saying that they wont pay the full figure.

 

With cars like this an assessor will be very picky and try and find every little thing they can to not pay.

Yes some assessors can be very professional and will give you the benefit of the doubt however it is very rare.

 

When you insure your car it is at and agreed value and this would be the most amount that would be paid however 99% of the time depreciation will be taken into account/condition. (i know that sounds rediculous as your insuring a classic)

 

You will be more likely to get the full asking price if the car was totally original or concours as the assessor will compare the car to its original details.

 

I work in insurance because the money is good and the work will always be there (everyone needs insurance)

 

But trust me its a naughty game and very few insurers will pay the full asking price.

[Vista]

So what you're saying is paying an elevated premium for an agreed value policy is just another scam by insurers to extort more money out of the customer and then not honour their obligations come claim time.

 

SCUMBAGS!

[SmokeEm]

I had an agreed value of 12k on my old E30 M3 and when some dozy doris pulled out on me and wrote it off I had to settle (After a 6 month battle) on 6.5k!! They wouldn't even let me have the car back

 

That was 9 yrs ago & I've never recovered from the financial loss

[Vista]

Man, that blows. What reason were you given for them only paying out just over 50% of the cover they agreed to provide?

[l j shaw]

I have my quote from the Russian bear, he can do my RS2 for what i think is very reasonable price, i do have a multi-car polilcy with him now and will be adding my cars as i need.

 

My RS2 is highly modified and running 10 x 13 etc etc and a few years ago i had been quoted £500 for a 500 mile limited usage on this car, he was alot under that.

 

Has to be worth a try

[fostersice]

This is why I have sent a list of every part fitted and a DVD with every bill and pictures of every part Inc every pic from the build and as I'm sure most

of u have seen the build at some point there is a lot of picture

that's only half that have been taken,

 

I know I will not got the full amount but

it's only £393 with no noclaims

for a 400bhp monster

 

If I was to insure it full comp as just a rs2000 with 400bhp engine and no noclaims they would give me a price way more then that and I would still have my arse raped on the pay out lol

[BIGKEV]

I dont like Insurance and it winds me up just talking about it. The profits these companies make is scandalous. and If I ever see the man from the go compare advert I will Knock him out, shove him in my boot, take him somewhere abandoned, tie him to a chair, and make him watch his stupid adverts over and over and over again till he loses his mind.