Insurance value

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FlyGuy
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Insurance value

Post by FlyGuy »

Apologies if this is a subject that comes up repeatedly, but I am currently filling in a 'Vehicle Condition Form' for my insurance and they want to have an 'estimated value of vehicle' and I have no real idea what its worth.

Its a 1969 Traveler in A1 / A2 condition, a good every day runner with good wood and very little rust that I bought in 2009 for £3100 (pictures below). I have since cleaned it up a bit, put in seat belts and maintained it well - but havent invested major money.

What do the experts here on the MMOC think I ought to insure it for ?

Many thanks in advance.

Martin[frame]Image[/frame]
youngcamper
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Re: Insurance value

Post by youngcamper »

£5000 pounds personally, thats what my dads in similar condition is insured for.
Will
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________1967-Lily________________________1963-Phoebe_______________________1965-Dobby_________
Alex'n'Ane
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Re: Insurance value

Post by Alex'n'Ane »

If you contact your local branch someone nearby should be able to come and value it for you as you may need an official valuation for the insurance co. If not base it on what you paid and have spent, so yes around 4 5k
___Anne___

rayofleamington
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Re: Insurance value

Post by rayofleamington »

i'd agree with around 4-5k.
A proper valuation is worth having if the car is good. Self certification values can be challenged.

Most of mine have been scabby so I never worried much - although I took a lot of care when i had a 911 as it was valuable.

Make double sure all the modifications are identified - in written form and with photographs. That way there'll not be any come back if the worst happens and you need to claim.
Ray. MMOC#47368. Forum moderator.

Jan 06: The Minor SII Africa adventure: http://www.minor-detour.com
Oct 06: back from Dresden with my Trabant 601 Kombi
Jan 07: back from a month thru North Africa (via Timbuktu) in a S3 Landy
June 07 - back from Zwickau Trabi Treffen
Aug 07 & Aug 08 - back from the Lands End to Orkney in 71 pickup
Sept 2010 - finally gave up breaking down in a SII Landy...
where to break down next?
2013... managed to seize my 1275 just by driving it round the block :(
FlyGuy
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Joined: Sat Mar 21, 2009 4:57 pm
Location: Sheffield, S. Yorkshire
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Re: Insurance value

Post by FlyGuy »

Many thanks for the feedback.

I have put it down as a £5k value.

Lets hope it never needs to be put to the test.

Cheers
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