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Agreed Valuation
- Thread starter MarcB
- Start date
Greenlight.
Nik
ClioSport Admin
Clio Trophy #355
They no longer offer this on the Trophy
http://www.cliosport.net/threads/agreed-value-on-trophy-models.803023/
How very odd. Not special enough to qualify? (Link doesn't work for me).
MarcB
ClioSport Club Member
182 Trophy & 197 F1
As @Nik says hence the question
Bit of a downside to this as I'm better off stripping my Trophy and putting all they parts on a LY 182 and getting an agreed value on that.
"The underwriters we use are not offering new agreed value policies on Clio Trophy models at the moment, they will continue with any existing agreed value policy but wont increase it. Historically agreed value has only been available to highly modified classic type cars but we persuaded them to offer it to clio trophy owners on the basis that they are a sought after model. They agreed to offer it but after numerous customers arguing that the vehicle is worth way more than was realistic (some asking for £15000 on an average mileage lightly modded trophy) the underwriters have decided to no longer offer it to new policies.
I personally understand that the trophy models fetch a premium over the other models but with numerous applications for agreed value for what seemed like completely unrealistic values, followed by clients not happy when the underwriters were unable to offer their requested value it was decided to stop at present. Bear in mind the underwriters offered the service for free (when competitors charge on average £40 extra for agreed value) it just wasnt viable to continue .
This only applies to the trophy model. We are still able to offer agreed value policies on other highly modified Renaultsport models.
Kind Regards
Neil"
Nik
ClioSport Admin
Clio Trophy #355
Essentially the underwriters are fed up with people wanting silly valuations for their Trophy or moaning that they don't value their car high enough, so have decided it's not viable to offer now.
Ford Mustang 5.0
Hit the nail on the head mate, plus people were being argumentative when we had to politely explain the underwriters wouldn't agree the value they requested.
I've asked the underwriters if they would put a maximum ceiling on the applications so if someone wanted above £6500 agreed then it's just not available. That way we could still offer at least some people agreed value and then it would save the people asking for crazy high values from applying.
It's not that the insurer are afraid of doing the agreed value (we have some very expensive agreed value cars with us) it's just they don't want to value any vehicle way more than What it's realistically worth.
I understand it's always hard to put a money figure on your pride and joy. I know my car is worth more to me than anyone would pay on the open market.
I'll update our main thread if anything changes.
Seems fair to me. Seeing as how mine is just a bog spec 182 cup though I'd like to agree a. value of 20k. Oh, and also I need to protect my ncb for no particular reason.
11k was up for sale for iirc
realnumber 1
ClioSport Club Member
I have agreed value with Adrian Flux although mine isn't a Trophy.
cjgower
ClioSport Club Member
That's pretty interesting. On my documents with Greenlight my Cup is down as being valued at £7k. Only took the policy out a few months ago but whether or not that's agreed i'm not sure. It's not a figure I plucked out of the sky though, that's what I feel it would cost me to get another in the same condition, mods etc.
Crybert
ClioSport Club Member
Cup 172
What the heck have you got mod wise? A Ferrari v10 under th bonnet!?
No actually
- Ferrari Enzo Engine
- Lamborghini Exhaust
- 2 x Turbos
- 4 x Superchargers
- Bose Surround System
- Boot Mounted DJ Table
- Road Legal Slick Tyres
BG Clio 182
It's boosted
Poopensharten
ClioSport Club Member
Golf R
Theres one on AT for with 90k for £7k.
L
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L
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cjgower
ClioSport Club Member
Yes.
MarcB
ClioSport Club Member
182 Trophy & 197 F1
My agreed value is under £6500 and my car is no scrapper with under 60k on the clock
MarcB
ClioSport Club Member
182 Trophy & 197 F1
It was up for sale for silly and it was to prove a point that they are no where near worth that.
If I was to sell my trophy in a realistic situation and it had to go I would ask no more than £7k if that and that's with the 5 spare sets of Sachs dampers and every spare part I have got for the car.
Impossible to value as it has to be worth more than LY and they come in a silly money.
MarcB
ClioSport Club Member
182 Trophy & 197 F1
Will be in a few years time when they are no longer supplied or parts are hard to get.
Can never have too many sets of Sachs dampers
JamesBryan
ClioSport Club Member
Are they really worth that much?
Just a red/pink 182 with slightly better than average suspension IMO :nomouth:
Just a red/pink 182 with slightly better than average suspension IMO :nomouth:
Ford Mustang 5.0
You have to specifically request agreed value and its not available on all policy types. You would have needed to provide photgraphs of the car and have agreed value endorsement specifically noted on your policy documents.
Poopensharten
ClioSport Club Member
Golf R
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