classibroke
Joined: 25 Sep 2013
Posts: 5
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 Posted: Wed Sep 25, 2013 6:52 am Post subject: a mutually acceptable valuation |
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The first and most critical matter is to decide with your insurer your car's agreed value and write it down in the policy. This "agreed-valuation" policy may give you smaller premiums to pay, but make sure that it is a certain payment in the event of such an untoward incident. a disinterested party may be needed to arrive at a mutually acceptable valuation. Likewise, see if you can obtain an accommodating insurance policy that varies with your car's value. Take into account the value of rare extras which may be very difficult to substitute. As discussed earlier, your special insurance agreement should accommodate dangers specific to classic cars. If you do not plan for the car to be taken out on the road, do ask your insurer whether injury caused to it while in your garage will be compensated.
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classic car insurance uk |
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