Agreed Value Insurance

Flip · 05-05-2016, 05:57 PM

It's that time of year for me and having got a good renewal price with Carole Nash I have taken out the policy but while about it I enquired about going down the agreed value route.

They have sent out the appropriate forms I need for a free valuation to be submitted to the Insurance company but I was wondering how many people here have gone this way for insurance and how it has affected (if at all) their premiums etc.?

Dukedesmo · 05-05-2016, 10:14 PM

I have agreed value on a 'custom' multibike policy with Carole Nash, it's a custom policy because of (fairly extensive) modifications on both my Ducatis and I added an (almost) original Guzzi to it last year.

The policy started out quite cheap but over the last 2-3 years has gone up considerably (as do all insurers unless you keep changing) although, to be fair to CN, adding an agreed value made little or no difference.

At least if the worst happened I shouldn't have to argue with them over how much the market value of my bike is and all declared modifications are covered.

05-05-2016, 05:57 PM	#1
Flip Registered User Join Date: Mar 2010 Location: Beachtown Bike: M900 Posts: 2,188	Agreed Value Insurance It's that time of year for me and having got a good renewal price with Carole Nash I have taken out the policy but while about it I enquired about going down the agreed value route. They have sent out the appropriate forms I need for a free valuation to be submitted to the Insurance company but I was wondering how many people here have gone this way for insurance and how it has affected (if at all) their premiums etc.? __________________ You're perfect, yes, it's true- But without me you're only you!

05-05-2016, 10:14 PM	#2
Dukedesmo Registered User Join Date: Sep 2010 Location: Leics Bike: M900 Posts: 2,901	I have agreed value on a 'custom' multibike policy with Carole Nash, it's a custom policy because of (fairly extensive) modifications on both my Ducatis and I added an (almost) original Guzzi to it last year. The policy started out quite cheap but over the last 2-3 years has gone up considerably (as do all insurers unless you keep changing) although, to be fair to CN, adding an agreed value made little or no difference. At least if the worst happened I shouldn't have to argue with them over how much the market value of my bike is and all declared modifications are covered. __________________ M900, 916, LeMans II.