Insurance Value

Post by **BigStew** » Fri Aug 29, 2008 8:16 pm

Been looking about and think I may have got our car under insured .I payed £700 for it ,the only blemish is a small bubble about the size of a 10p coin on the drivers door ,inside is in good order. Insured it for the £700 I payed for it ,is that enough or should I increase this , if so by what please ???[/b]

Post by **amy** » Fri Aug 29, 2008 8:30 pm

i payed £400 for my car, i insured it for £1400 and it had a fair bit more than one rust bubble wrong with it...but my insurance company, AON, valued it at £2000.

i'd get a valuation crtificate from a garage or minor specialist and hand that to your insurer...that what i was told to do anyway

amy xXx

Post by **Sidney'61** » Fri Aug 29, 2008 8:37 pm

Well you often tend to pay less than the official value of the car, I'd say it's probably worth over 1000

Post by **BigStew** » Fri Aug 29, 2008 8:51 pm

It has a MOT until April 09 ,looking around I thought a figure of about £1200 ish would get me a replacement should the worst ever happen.

Post by **Kevin** » Fri Aug 29, 2008 10:28 pm

Well supply some photo's to your insurance company saying now you have had the bodywork improved you would like the valuation increased to £1,500

Post by **bmcecosse** » Sat Aug 30, 2008 10:48 am

And it may not cost any more to 'up' the value.
Meantime - put a secret petrol pump switch on the car to stop it getting stolen!