Insurance - anyone on classic/agreed value policy with their Civic M?

[Dave]

Was reading my Classic Car Weekly and one of the readers had put their car forward for the "value my car" section where they get an idea what their car is worth according to the experts. There was a 98 Rover sterling with around 60K on the clock and most of its history. They recon the value is around 3.5 to 4K and advised to get an agreed value policy on it. 

Same year (almost) as DD and know quite a few of our Civic M's are either 1999 or older so got me wondering if anyone here has ventured into the agreed value route yet with their Civic.

I'm thinking of asking them for a value on DD just out of curiosity, as know the tossers at WeBuyAnyCar dot con (where most insurance companies base their values on now) value her at around £250! Which would maybe buy the alloys and bugger all else! Just with them getting pretty rare now, thinking surely the values (that they are actually worth) have gone up now? Don't want to get caught out if the worst happens so deffo thinking about the agreed value policy.

 

Anyone got one on theirs and if so what value did you get agreed?

[dr_broon]

16 hours ago, Dave said:

Was reading my Classic Car Weekly and one of the readers had put their car forward for the "value my car" section where they get an idea what their car is worth according to the experts. There was a 98 Rover sterling with around 60K on the clock and most of its history. They recon the value is around 3.5 to 4K and advised to get an agreed value policy on it. 

Same year (almost) as DD and know quite a few of our Civic M's are either 1999 or older so got me wondering if anyone here has ventured into the agreed value route yet with their Civic.

I'm thinking of asking them for a value on DD just out of curiosity, as know the tossers at WeBuyAnyCar dot con (where most insurance companies base their values on now) value her at around £250! Which would maybe buy the alloys and bugger all else! Just with them getting pretty rare now, thinking surely the values (that they are actually worth) have gone up now? Don't want to get caught out if the worst happens so deffo thinking about the agreed value policy.

 

Anyone got one on theirs and if so what value did you get agreed?

This is on my to do list for while I'm off over Christmas - been meaning to do it since getting all the work done. I'm going to go for a £10k valuation which I know is well over the market value (now), but it's also well less than what has went into the chassis, and I've got plenty of progress pics of all the work being done. 

That's what I'm going to ask for anyway - shy bairns get nee cake. 

 

Can't believe you got a quote of £250! You'd get more from a scrappy! 

 

 

[Dave]

Deffo do it mate, with the amount of time and money that has gone into Tubs 2. Know that they say (and we know) that we never get back the money we put into our cars, but would be nice to know we can at least get back a decent bit of it should the worst happen.

 

Yeah, couldn't believe the £250......they kept emailing me constantly "regarding your quote, do you want to proceed?" and then followed up by Our price depends on condition once car has been inspected when you come to the garage, In the end I replied with a really explicit email telling them how much their shitty car valuations had killed the value of modern classics and to shove their f****** S**t and unrealistic Valuation up their own arses! Never heard a peep from them since! lmao Cheeky gits!

[KiNK43]

I have agreed valuation on mine at 8500 iirc.

The insurer asked for a bunch of pics of car showing condition etc and a spec list. And that was the price they came back with.

Definitely worth doing, as book price will be rubbish. And to be honest with you more specialist insurers often come back with better prices than the mainstream companies for cars like ours.

 

[dr_broon]

13 hours ago, Dave said:

Deffo do it mate, with the amount of time and money that has gone into Tubs 2. Know that they say (and we know) that we never get back the money we put into our cars, but would be nice to know we can at least get back a decent bit of it should the worst happen.

 

Yeah, couldn't believe the £250......they kept emailing me constantly "regarding your quote, do you want to proceed?" and then followed up by Our price depends on condition once car has been inspected when you come to the garage, In the end I replied with a really explicit email telling them how much their shitty car valuations had killed the value of modern classics and to shove their f****** S**t and unrealistic Valuation up their own arses! Never heard a peep from them since! lmao Cheeky gits!

Nice one - good to have a bit rant! 

 

10 hours ago, KiNK43 said:

I have agreed valuation on mine at 8500 iirc.

The insurer asked for a bunch of pics of car showing condition etc and a spec list. And that was the price they came back with.

Definitely worth doing, as book price will be rubbish. And to be honest with you more specialist insurers often come back with better prices than the mainstream companies for cars like ours.

 

I'd been hanging on for a report from the garage that did the work, but it never landed (must give them another chase), but I'll just pull something together myself. 

[Dave]

Deffo going to look into this when renewal is due. Not sure if if it's also worth going for one on Poppy (just renewed so no biggie) as the 1st gen MINI is classed as a modern classic now but not sure what value they would put on her. Values for them seem to be all over the place lol