That's what happens when you tag along with retired types Steve ..............................No worries it was always worth a try.
If the zed wasn't so addictive I wouldn't do so many miles.
Tony.
Classic Insurance
- Thread starter Keith Lowes
- Start date
Tony.
Yeh I know what you're saying mate, anyone would have a job keeping up with them @Mint'sThat's what happens when you tag along with retired types Steve ..............................
Tony.
.
Yeh I know what you're saying mate, anyone would have a job keeping up with them @Mint's
I thought my ears were burning 
You don't have to go with classic insure to get the price down, many insurance companies will now mirror your ncb across to another car.
Flux do it but watch the quote, don't accept the first one!
They quoted me £270 on the z3 which was more than my SL350 which should be much more expensive to insure, came back to me 5 minutes later with £190 (over 9 years ncb).
Flux do it but watch the quote, don't accept the first one!
They quoted me £270 on the z3 which was more than my SL350 which should be much more expensive to insure, came back to me 5 minutes later with £190 (over 9 years ncb).
Following this , I approached Classicline for a quote, very competitive but they are putting the cover with "ageas" a company I never heard off, and comments on TrustPilot are very variable.
Has any one had experience of dealing with them if a claim arises.
I am considering changing this one car from nfu as they will not do agreed value quote is not much different
Has any one had experience of dealing with them if a claim arises.
I am considering changing this one car from nfu as they will not do agreed value quote is not much different
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Not heard of them so can’t comment but can say MS Amlins as an insurer were a pleasure to deal with in a claim and didn’t push the premium up heavily. Agreed value and on drive parking with commuting.
I just enquired with Manning about an agreed valuation of £6k and was told £1091 for the premium!
I'm late 30s, driving 20 yrs, one non-fault claim, 9 yrs no claims. Apparently my postcode in central Newcastle is pushing the risk up.
Seeing as my current policy at market value is £450, I just was curious if a mark-up of 140% for an agreed valuation is in-line with the experience of others? I may have to give these Classicline chaps a call.
I'm late 30s, driving 20 yrs, one non-fault claim, 9 yrs no claims. Apparently my postcode in central Newcastle is pushing the risk up.
Seeing as my current policy at market value is £450, I just was curious if a mark-up of 140% for an agreed valuation is in-line with the experience of others? I may have to give these Classicline chaps a call.
Just thought I'd update on this. Classicline wanted even more than Manning at £1250 for agreed value. A-Plan quoted me £410 without agreed value, but with an assurance that in the event of a total loss, any value would be negotiated with the underwriter against 'market value'. I declined this.
Then Flux came to the rescue. Fully comp, retain and protect my 9 yrs+ NCB, 30 days in Europe, legal protection, 7k mileage limit, agreed value of £6250 for £545 premium, plus agreed value fee of £15 (and 7 photos). Underwritten by Markerstudy.
My only reservation is I may have undervalued the car? It's a totally standard 2001 3.0 Z3, in excellent condition with 71k - piccie here: https://zroadster.org/threads/greetings-from-newcastle.21200/
Did they put you with Agaes as they have quoted me.
Interested as you have been inside the industry
Mine expires in April so I am ok for time
It is just the agreed value that appeals to me , otherwise would just leave it with other insurances with nfu, who I know are good on claims from my own experience
ERS with breakdown 3.000miles Valued £13k two drivers which one has a fault claim £302.40 not at agreed value as the market value looks ok at the moment
Hi BMBabe, interested that you declined 'agreed value'. A-Plan offered me a 'market value' policy and were the cheapest by a mile but I was a bit unsure. Does a 'market value' policy mean in the event of a total loss I could legitimately use, for example, current eBay and Pistonhead adverts as the basis for negotiating the value? As opposed to the underwriter just going with Glasses or similar? ThanksERS with breakdown 3.000miles Valued £13k two drivers which one has a fault claim £302.40 not at agreed value as the market value looks ok at the moment
Problem with market value is you need to find adverts of cars like Yours at that time.
Chances are when you need to claim There are a lot of poorly kept Z’s advertised cheap which they can use yo argue the value the other way.
You need to check carefully what their definition of market value is (and that definition could change).
Agreed value removes all the BS.
Unless of course your Car is rough and you can’t get a decent valuation then market value may be in your favour.
But if it’s well kept and has a lot of extras and mods then agreed value is likely to be better.
Thanks for that.
My car isn't particularly special, just a low-mileage tidy example of a 3 litre. Current prices for these seem strong, but as long as I can be confident of being able to replace it with an equivalent item should the worst happen, I'd be happy. On that basis, in the event of a total loss I could presumably argue for a replacement value of £5.5-6k under a market value policy by referring to current adverts for similar cars. So I'm beginning to think this may be the way to go, as the policy itself is £150 cheaper than the best quote I can get with an agreed value at £6250 (my renewal is end Feb). But you're right, the definition of 'market value' is all important and which is what I'm most unsure about. Head hurts.
My car isn't particularly special, just a low-mileage tidy example of a 3 litre. Current prices for these seem strong, but as long as I can be confident of being able to replace it with an equivalent item should the worst happen, I'd be happy. On that basis, in the event of a total loss I could presumably argue for a replacement value of £5.5-6k under a market value policy by referring to current adverts for similar cars. So I'm beginning to think this may be the way to go, as the policy itself is £150 cheaper than the best quote I can get with an agreed value at £6250 (my renewal is end Feb). But you're right, the definition of 'market value' is all important and which is what I'm most unsure about. Head hurts.
I insure mine now with Saga restricted miles £153
I personally use agreed value for lower value cars, ie our Z3 M44 1.9 (£3K) to ensure reasonable replacement value (don't want a £950 settlement offer if the worst happens). Have not got agreed value on the MC as I have seen cars sell from from £20K to £65K. With high mileage on it I will argue the toss should the worst happen. Have a BMWCC valuation of a few years ago and lots of current pictures as backup. Hopefully all just academic!
I see the rationale behind that, where the value might be a bit more ambiguous than a more 'desirable' model (no sleight intended!). This was basically the logic I followed in going with market value in the end. And yea, hopefully all academic!I personally use agreed value for lower value cars, ie our Z3 M44 1.9 (£3K) to ensure reasonable replacement value (don't want a £950 settlement offer if the worst happens). Have not got agreed value on the MC as I have seen cars sell from from £20K to £65K. With high mileage on it I will argue the toss should the worst happen. Have a BMWCC valuation of a few years ago and lots of current pictures as backup. Hopefully all just academic!
You boys are getting robbed.
I insured mine last week for £148. Albeit i have to join the great britain bmw club at 45 for the year. But it seems to have alot of discounts and a monthly magazine/
I believe it was footmanjames, guaranteed at 3k with 2000 miles ( i barely use it ).
I insured mine last week for £148. Albeit i have to join the great britain bmw club at 45 for the year. But it seems to have alot of discounts and a monthly magazine/
I believe it was footmanjames, guaranteed at 3k with 2000 miles ( i barely use it ).
That sounds good but I don’t know where on my neck of the woods to get a insurance valuation
The BMWCC do valuations, they did mine last year. Used it to get my insurance from Manning last year 5k mileage limit, track day cover, Euro cover, FComp - £245. Renewal just come through - £270.
Tried Classicline earlier in the week similar cover £362.
So looking further into it, got till end of month.
Tried Classicline earlier in the week similar cover £362.
So looking further into it, got till end of month.