INSURANCE AGREED VALUE

[Pan]

Hi my insurance company need an agreed value done on my mk1 escort at present it is only at £2,500 which i dont think is enough any one know where i can get this done and obviously give me a letter confiming this , they would need to be part of a club that has fords in it , many thanks jon.

below is my escort taken last week

 

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[GJUK]

You agreed a value of £2500 with them, for the car in the photos?!?!?!!!!!111

 

You'd be better off removing the agreed value and getting market rate for that.

 

My car has an agreed value of £18000.

It's a mk1 2 dr which has recently been rebuilt.

 

Phone your insurance company, advise you want this changing ASAP and send them 6 or so photos (they will advise)

 

Also, do you keep that on the road?!?!?!?!?!?!

 

Crazy.

[sidpf1972]

18 k for a mk1 is a lotus or a RSI 1600 fair play there both nice motors

[dacar]

You agreed a value of £2500 with them, for the car in the photos?!?!?!!!!!111

 

You'd be better off removing the agreed value and getting market rate for that.

 

My car has an agreed value of £18000.

It's a mk1 2 dr which has recently been rebuilt.

 

Phone your insurance company, advise you want this changing ASAP and send them 6 or so photos (they will advise)

 

Also, do you keep that on the road?!?!?!?!?!?!

 

Crazy.

well said! Ditto from me

[deadly456]

I would like to know how to get a proper valuation as i nearly finished my MK1 RS2000 with nut and bolt rebuild back to factory spec

[Pan]

I phoned them up and have set it now at £7,500 , has cost me an extra £3 a month but they still need a letter just to confirm its an accurate value . Found a few company's that do that type of thing for around £100 .

[skeeter]

I used a specialist vehicle appraiser from an auction house to give me a valuation and condition report. This was accepted as good evidence for my agreed value.

 

S

[GJUK]

18 k for a mk1 is a lotus or a RSI 1600 fair play there both nice motors

 

Nope. But it is the value my insurance company have agreed to pay out if it's a total write off. \p/

[GJUK]

I phoned them up and have set it now at £7,500 , has cost me an extra £3 a month but they still need a letter just to confirm its an accurate value . Found a few company's that do that type of thing for around £100 .

send them examples of eBay adverts. You pay them, get them to do the leg work.

 

J

[Mrs O/H/C]

Not having actually seen the car but I think it's probably worth more than 7.5 k in today's market

[Vista]

18 k for a mk1 is a lotus or a RSI 1600 fair play there both nice motors

 

 

No way, if you're talking about a mint genuine Lotus or RS1600 escort, your target for an agreed value needs to be much higher, circa £35 to £40k. A mk1 RS2000 in similar condition is now somewhere between £18 and £25k

[Vista]

I would like to know how to get a proper valuation as i nearly finished my MK1 RS2000 with nut and bolt rebuild back to factory spec

 

 

Join the AVO club and go to their national day. The registrars used to do valuations on the day, probably still do.

[deadly456]

Thanks for that vista,was looking somewhere round there as i seen a few for sale around £25k and i think mine has turned out better than them

[GJUK]

Thanks for that vista,was looking somewhere round there as i seen a few for sale around £25k and i think mine has turned out better than them

 

One extreme to the other. Yours is a four door, unless it's an original one off mexico or similar, I would expect you could insure that for around the £10k mark. More if it's running a top spec cossie and other bespoke gear.

 

Aim high .