Car Insurance!!??

328iHull wrote: How can you get agreed value on a car?

I went through Chris Knott Insurance 0800 917 2274.

Problem I had was most insurers thought the Six wasn't old enough for classic ins. They wanted it to be over 20 years old & limit my mileage to 5k per year.

Chris Knott put me on a policy with Highway Ins & a top up policy for the agreed value. They wanted photos (both sides, front, back, interior & engine bay) & purchase invoice as proof of condition. Since in the event of a claim, the ins co. would just look in Autotrader & say 635's are £4k average so I had to cover myself.

Cheers Peter.

R '97' 328i ///Motorsport Convertible

 

Thanks Andys, maybe it's not as bad as I thought, though I would have £250 voluntary and £150 compulsory excess to pay in the event of an accident.

How can you get agreed value on a car? Is it only available on classic cars? I think my car is worth more than the market value, even though I could have bought a newer same car with less miles on the clock for what I paid for mine. Infact I went to see a '98' S reg 328i Conv with 50k on the clock for £1000 less, but you could tell the owner who'd had it previously regarded it as just transport, I wanted someones pride and joy. I bet if I do manage to get agreed value, it would push my premium up somewhat!!

Thanks Peter for your advice, is Adrian Flux the name of the insurance company?? Or is he a broker???

Thanks again,

Tim

R '97' 328i ///Motorsport Convertible

For a 328 convertible?  TBH it doesn't sound bad. My last "modern" car was a 2.4 Audi A6 2 years ago & I was paying around £500 or so then (aged 45!)

I was having to pay £570 for the 635 but that included agreed value. It's now £250 on classic insurance. The E30 316 Touring is £250.

And that's with a clean licence & NO accidents in 30 years of driving. Talk about a captive market!