YOUR RESEARCHValuation - Page 1 - 911/Carrera GT - PistonHeads UK
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This year's insurance has ignored my notional valuation and instead lists "market value" on the certificate. Naturally I'd like to make sure I have up to date valuation since after any claimable event it might be hard to ascertain just how incredibly lovely my particular GT2 is Where would I get a properly written and admissible valuation? and would I need more than one? Cheers in advance!
You need to get insurance through a proper specialist broker (Manning UK for example) to get Agreed Valuation benefits. Provided you have a letter from a recognised specialist, they will accept the valuation, along with some pictures. Cheers Simon
So in summary don't buy the policy I bought and then get someone to do a valuation... I guess I was after practical advice -- names and recommendations of recognised valuers please.
Are you in the Porsche Club? They can provide a letter supporting your valuation (speak to the regional organiser), both mine and my dads cars have just been done that way.
ClarkPB said: Are you in the Porsche Club? They can provide a letter supporting your valuation (speak to the regional organiser), both mine and my dads cars have just been done that way. Just don't be in a hurry for it. It depends on your Insurer, mine accepted a valuation from my Indie. John Glynn (Impact Bumpers) does a valuation service that comes quite highly recommended.
supersport said: Just don't be in a hurry for it. It depends on your Insurer, mine accepted a valuation from my Indie. John Glynn (Impact Bumpers) does a valuation service that comes quite highly recommended. Ours have always been handled very quickly, which has been handy as Dad's Gen2 RS has been re-valued twice since he aquired it in March!
I wasn't being sarcastic, apologies if it came across that way. I really don't think that you'll convince an Insurance CO. that doesn't currently offer an Agreed Valuation service, to add it mid-term. If it's an option of the policy (as with Manning UK), they will accept an Indy valuation mid-term. You need to start by phoning your insurer and asking the question.
supermono said: So in summary don't buy the policy I bought and then get someone to do a valuation... I guess I was after practical advice -- names and recommendations of recognised valuers please. If it's a renewal (rather than a new policy with a new insurer) then you can usually cancel and only be charged pro-rata for the days you've been on cover, so this might be a sensible option for you. Chubb (who Porsche now partner with) do agreed valuations.
Marcus - do you not mean PCGB insurance partner is Chubb - special policy arranged via Locktons. Porsche insurance is Aviva, brokered by Marsh. Whilst the market is still rising, I'd take a market value policy all day long. You can soon find ways of proving what that is in the event of a total loss/theft.
this, market value is rising, why only insure it at a value from 2 months back when the cars gone up 10k all mine are market value, which is fine by me, also it keeps the price less, I was asked the value of my car and if I said less than 40k the quote was much less. market value is more than 40k now but my insurance has not gone up. a win win. I did phone up and ask them I wanted to insure my car for more, but they said you are ok if it's rising as it's insured market value. if it was agree value I would be down 8k !!!
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