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Market value assessment for classic car insurance policy

  • 05-12-2020 8:10pm
    #1
    DublinGuy40
    Closed Accounts Posts: 29 ✭


    Has anyone experience in making a claim on classic car insurance policy which is based on market valuation? Interested to hear what type of assessment was done and what level of history was considered.


Comments

  • #2
    unkel
    Registered Users, Registered Users 2 Posts: 66,132 ✭✭✭✭unkel
    Chauffe, Marcel, chauffe!


    All car insurance claims (not just for classic cars) are based on market value. Unless you specifically agree a value of the car with the insurer up front, something quite common in other countries but not so much here.

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  • #3
    DublinGuy40
    Closed Accounts Posts: 29 ✭DublinGuy40


    unkel wrote: »
    All car insurance claims (not just for classic cars) are based on market value. Unless you specifically agree a value of the car with the insurer up front, something quite common in other countries but not so much here.

    thanks yes I specified that in my post. Am looking for anyone who has been through the market valuation process on a classic.


  • #4
    galwaytt
    Registered Users, Registered Users 2 Posts: 12,823 ✭✭✭✭galwaytt


    Barrett Private Insurances can do an agreed value policy.

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  • #5
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,861 Mod ✭✭✭✭Henry Ford III


    galwaytt wrote: »
    Barrett Private Insurances can do an agreed value policy.


    So do AIG. I have an agreed value on the MkII RS2000 with them


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