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Insurance Valuation

Technical issues not related to a DLOC car marque, eg tyres, ethanol, other car makes, etc. and legal, political and insurance
Posts: 114
Joined: Wed May 18, 2016 1:02 pm
Location: West Hertfordshire

Re: Insurance Valuation

Post by clevitt »

I could accept the requirement for an authorised valuation at the time the policy commences, but I found the bi-annual revaluation an unnecessary chore, even when the club was able to provide this service. I agree that the Registrars are best placed to provide a valuation service for their models, but they first have to accept this responsibility and a process put in place before members can use the service.
So far, I have talked to Hagertys and Abbeyfields, and for an AV of £30K, they both require only photos not valuation forms.
Hagertys wanted 8 photos, Abbeyfields only 6, but neither wanted updated photos at the time of renewal unless the AV changed.

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