911Time
Suzuka
- Joined
- 25 Sep 2018
- Messages
- 1,172
Hi all,
Just wondered how many here used an Agreed Value Insurance cover?
I'm still searching for the right car but having spoken with my current insurer and about 5 'Porsche' brokers, prices seem to vary massively (£500 - £1,500), even when the basic cover is largely similar. The key difference with the more expensive policies is choice of repairer (which I would want) and for the most expensive, Agreed Value cover.
I've had some fancy cars in the past but never considered AV to be necessary however, this purchase will be the most I've spent on a used car at £60K+ so I want to consider all angles.
If you were looking at a used non-GT/Special like a low miles 2013 or 14, C2/4S that has already seen the worst of its depreciation, would you stick with a 'Market Value' policy, or pay the extra for 'Agreed Value'?
Obviously this would only become an issue in the unfortunate event of a total right-off, so that has to be considered.
BTW, this isn't a penny pinching approach, I'm just not convinced that the extra £400-500 for an AV policy couldn't be better spent on other things - car related, naturally!
Just wondered how many here used an Agreed Value Insurance cover?
I'm still searching for the right car but having spoken with my current insurer and about 5 'Porsche' brokers, prices seem to vary massively (£500 - £1,500), even when the basic cover is largely similar. The key difference with the more expensive policies is choice of repairer (which I would want) and for the most expensive, Agreed Value cover.
I've had some fancy cars in the past but never considered AV to be necessary however, this purchase will be the most I've spent on a used car at £60K+ so I want to consider all angles.
If you were looking at a used non-GT/Special like a low miles 2013 or 14, C2/4S that has already seen the worst of its depreciation, would you stick with a 'Market Value' policy, or pay the extra for 'Agreed Value'?
Obviously this would only become an issue in the unfortunate event of a total right-off, so that has to be considered.
BTW, this isn't a penny pinching approach, I'm just not convinced that the extra £400-500 for an AV policy couldn't be better spent on other things - car related, naturally!