john_p_b
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| posted on 29/2/12 at 01:38 PM |
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parts only cover - anyone use it?
i need to insure my indy in the next couple of days and the cheapest way by fart is parts only cover, spoke to the broker about it before and it
doesn't seem a bad idea apart from if the car gets stolen or catches on fire and is therefore a complete loss he said they would pay out on
market value minus xx% which they deem to be people taking labour into account, now i and i'm sure a lot of you on here understand that you
never get back for these cars what they cost in parts never mind adding on a lump for the hundreds of hours we spend building them! it's just
that bit put me off a bit so wondered if anyone has gone down this route and maybe have i misunderstood or has the broker got it wrong? i just worry
that in the event of having to make such a claim i don't want to be arguing that my car is worth more than the 1500 quid they could offer!
built a car, built a home, had a family. lost the family, lost the home, still got the car.
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matt_gsxr
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| posted on 29/2/12 at 02:12 PM |
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I have this but it includes an agreed value to avoid the problem that you are worried about.
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john_p_b
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| posted on 29/2/12 at 03:34 PM |
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could i ask who you are covered with? i rang frank pickles but the advisor wasn't 100% sure if i could get agreed value on parts only cover.
built a car, built a home, had a family. lost the family, lost the home, still got the car.
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Hellfire
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| posted on 29/2/12 at 06:19 PM |
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2Gether do parts only cover but IME, you can get comprehensive cover from someone like Adrian Flux for the same price...........
Phil
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