|
Post by stusco on Apr 10, 2021 10:32:03 GMT 1
Is it worth paying the extra for fixed valuation insurance now ? My lc is valued at £6500 with all the goodies fitted i put it up to £6500 a couple of years ago but it put the price up by a third I changed insurers because of this ,now it seems its under insured going by today’s prices .what do you think market value is nowadays?
|
|
|
Post by midlifecrisisrd on Apr 10, 2021 11:10:33 GMT 1
I'd be insuring it around 8k
I think with Goodman James the agreed value was only something like £15 extra
Got 2 7.5k hybrids on mine
Steve
|
|
|
Post by 29davyt on Apr 10, 2021 11:30:30 GMT 1
Hi Stusco ! I posted about this on another thread a few days ago, it’s a bit of a mine field tbh, if your not on an agreed valuation and say your bike got nicked how could you prove what the market value should be, it’s potentially a 40 year old bike that could be in any sort of condition which as we know can affect the value by ££££ rdlccrazy.proboards.com/thread/54486/insurance-question
|
|
|
Post by lc350pete on Apr 10, 2021 11:46:23 GMT 1
Yes absolutely go for agreed value several companies do it now I’m with peter James very helpful and reasonable price
|
|
|
Post by stusco on Apr 10, 2021 12:07:14 GMT 1
The reason I posted was because I wanted to up the values again but for some reason the last time i did this the price jumped its now £368 for 2 bikes value £6000 and £16000 i think this is steep for a clean licence with no accidents
|
|
|
Post by midlifecrisisrd on Apr 10, 2021 12:13:31 GMT 1
It's most likely the RG value that's pushing that price
Steve
|
|
|
Post by 29davyt on Apr 10, 2021 12:25:53 GMT 1
£368 does seem rather steep
|
|
|
Post by stusco on Apr 10, 2021 12:41:25 GMT 1
The theory is you can only drive one at a time ive got 5000 miles between them so its really one policy as long as the other is locked in a garage ,it used to be £180 but went up so i moved now they have put it up. Time to revalue and shop around i think
|
|
|
Post by jessy03 on Apr 10, 2021 13:09:41 GMT 1
I paid £350, which I thought was a bit steep from Footman James, I will shop around next year, some of my bikes don’t even move, might be able to put them on the house insurance may be?
|
|
|
Post by hoist1 on Apr 10, 2021 13:39:34 GMT 1
Peter James, 4LO £100 a year ago, details and pics enough for an agreed value of £8000, only £10 to add a second bike. The bike values are nothing to a potential personal injury claim.
|
|
|
Post by copper99 on Apr 10, 2021 16:02:09 GMT 1
Im with RH insurance, I paid £221 last September for my RD500(agreed value 17k) 350LC (agreed at 6k), my Ducati 996 (agreed 9k) and YSR80.
RH didnt charge anything to have the bikes at an agreed value, I just sent pictures in of the bikes.
|
|
|
Post by stusco on Apr 10, 2021 16:23:54 GMT 1
Im with RH there’s something dodgy about them ,i asked for my documents in hard copy as their app stopped working,they never came i emailed four times asking again no reply so I phoned after half an hour on hold the lady said oh we’ve seen your email ,i asked can i get my documents and was told we don’t send our documents by first or second class post! So i ask how do you send them ,no answer ,eventually she said we only post every ten days i asked why? No answer then was told my request came on the 18/3/21 so it will be ten days after that ,guess what no docs yet and no answer to my emails
|
|
|
Post by Gunny on Apr 10, 2021 23:04:17 GMT 1
I’ve got 7 bikes (4LO,N1,2xRD125LC Dt200r RD80MX MTX80)on a policy with Peter James all agreed values (photos of each side showing the numberplate) £160,breakdown cover as well
|
|
|
Post by copper99 on Apr 13, 2021 19:26:41 GMT 1
Im with RH there’s something dodgy about them ,i asked for my documents in hard copy as their app stopped working,they never came i emailed four times asking again no reply so I phoned after half an hour on hold the lady said oh we’ve seen your email ,i asked can i get my documents and was told we don’t send our documents by first or second class post! So i ask how do you send them ,no answer ,eventually she said we only post every ten days i asked why? No answer then was told my request came on the 18/3/21 so it will be ten days after that ,guess what no docs yet and no answer to my emails Mmm....they was spot on with me but you could tell they was working from home so maybe that has something to do with it...Not good either way.
|
|
ims
L plate rider.
Posts: 39
|
Post by ims on Apr 13, 2021 20:55:36 GMT 1
I have just renewed my insurance with footman James a 99 r6 at £3k and my rd500 at 20k agreed Quite good value at £272 I think
|
|