Me too - always mentioned it over the phone, never had it questioned...
Me too - always mentioned it over the phone, never had it questioned...
"No man with a good car needs to be justified"
Blue '08 FD2 CTR - big, ITR-sized shoes to fill...
Yellow '96 NSX 3.0 - oh was it worth the wait!
Black '99 ITR - well, I had to have another one, the first was so much fun. Miss this one even more than #1...
Blue '03 S2000 - SOLD, flawed but fun
Blue '04 Focus TDCi Sport - SOLD, very good fun for a diesel!
Black '00 ITR - SOLD, still missed
Red '98 Civic VTi - SOLD, probably still bombproof
Platinum Member
I've gone for agreed value policies for the last few years, but I have been wondering if it's left me underinsured in years when the prices have been moving rapidly. Clearly, a payout in the event of a claim of GBP6000 book value would be unacceptable. But I'm asking myself if a number like that could be challenged by presenting current market information, or maybe getting somebody like Plans to provide a valuation. Insurance companies must be open to that kind of discussion, otherwise they wouldn't accept agreed value policies with market values rather than the low book values. Anybody any experience?Originally Posted by dcnsx
Peter
1996 Green NSX-T manual
Looks like ClassicLine no longer recognise garages/dealerships/similar as being 'independent' to give a valuation for agreed-value policies - needs to be Owners Club or CL themselves.
I have confirmed with them that they recognise us as a Club for discount purposes though.
"No man with a good car needs to be justified"
Blue '08 FD2 CTR - big, ITR-sized shoes to fill...
Yellow '96 NSX 3.0 - oh was it worth the wait!
Black '99 ITR - well, I had to have another one, the first was so much fun. Miss this one even more than #1...
Blue '03 S2000 - SOLD, flawed but fun
Blue '04 Focus TDCi Sport - SOLD, very good fun for a diesel!
Black '00 ITR - SOLD, still missed
Red '98 Civic VTi - SOLD, probably still bombproof
Errr...so Owners Clubs have no CoI in this regard and can be trusted to be independent?! Gosh!
Good news re the club discount though.
2001 3.2 Circuit Blue Coupe with pop-ups!
"If you want to argue that The Best Car in the World is a supercar, go ahead. But there is only one that makes the grade. Only one that's built properly.
Gordon Murray knows.
Rowan Atkinson knows.
It's the Honda NSX."
(J. Clarkson)
An agreed value policy goes both ways - in an appreciating market it's up to the owner to 'keep up', and update the AV regularly to avoid under-insurance / in a falling market the owner may gain some over-insurance between revaluations.
(I did query this with C-Line last year)
"No man with a good car needs to be justified"
Blue '08 FD2 CTR - big, ITR-sized shoes to fill...
Yellow '96 NSX 3.0 - oh was it worth the wait!
Black '99 ITR - well, I had to have another one, the first was so much fun. Miss this one even more than #1...
Blue '03 S2000 - SOLD, flawed but fun
Blue '04 Focus TDCi Sport - SOLD, very good fun for a diesel!
Black '00 ITR - SOLD, still missed
Red '98 Civic VTi - SOLD, probably still bombproof
Classicline review the agreed value every two years
Dave
Berlina Black NA2 6 speed manual - Sold
Pleased to say I've gone with classic line too. Thanks to the forum/thread.
I have just renewed with Classic Line. It was they who suggested that I up the valuation so it is now £60,000 (still a bit low perhaps) and the annual premium was £450 for 5,000 miles, garaged and in Aberdeenshire so deemed a low risk area. I was very impresssed with their attitude and willingness to readily agree a valuation. And it includes lots of extras that other firms charge for.
1999 3.2 Manual NA2 Targa in Formula Red
They also struck me as very professional and understanding too, it makes a change with insurance company's I must say.
Pride.
1992 My beloved Red/Black manual NA1.😎
1992 Chevy Lumina apv Rockford Fosgate sound system demo van.🙉
2003 Hartge Mini Cooper S (2 x UK & 1 x European sound quality finals winner) 🏆
"The NSX's greatest victory was to WIN the 1995 Le Mans 24hr GT2 Class"
..............and guess what, it was a RED one but of course.
What's my best option these days for a modified NSX with mileage around the 2-3k mark?
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