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Agreed Value

Chi100188

By Chi100188,
in Western Australia

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Chi100188 Mentor

Chi100188

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Hey guys im just wondering is this right? i got told from my insurer i need a place to evaluate my car so i can increase the agreed value? like i've done mods to it and i insured my car for 12k but i want to increase it due to my mods but they say i need and car evaluation? or else they won't let me up the agreed value? anyone know where i can get one or am i being shafted here?

Cheers

Chi

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Chi100188 Mentor

Chi100188

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oh ok i just wanan know what my cars worth? im sure its worth more then 12k ? its got turbo engine transplanted in, Power FC, Power Fc boost controller kit, walbro fuel pump, enkei rims, FMIC, aftermarket radiator, tein suspension apexi turbo timer.....

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wagts4 Contributor

wagts4

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when i had my hq one tonner i wanted the same as market value was $1300 took it to rac, as thats who i was insured thru, in welshpool and the valued the car for me there and let me bump the insurance up mite b a bit of help for ya

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Tomei_33 Rising Star

Tomei_33

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I knew a guy with a torana insured for $250,000, and no thats not a typo.

did you mean $2,500,000 ? i think typo..

lol on topic.. just car insured me for only $10000.. got a gtr worth at least 15.. its bs.. i need to do something about it

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kleicl Collaborator

kleicl

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as you all know insurance only works on sale price... but there are ways arround get it valued like a house.. a few places will do this for free. But all you need to tell your insurance is that its now X amount you will be paying it back through the premium ull pay mine was only 12500 but i got it insured for 20k

hope it helps

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Chi100188 Mentor

Chi100188

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im wiht HBF karl....and they insist of me doing an Car evaluation.....because i believe my car is wroth that much.....like they'd only cover 30% of the agreed value for mods? i mean i don't mind paying higher premium as long as its insured for what i want ....cause im sure my car right now is worht more then 12k lol when i insured it at 12k it was still NA

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