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build up insurance - valuation
Jumpy Guy - 14/1/09 at 12:19 PM

Now that the end of the build is near (ahah ha ha ha...... sorry, will stop joking now...)

I'm in the process ofgetting some build insurance.
Insurance company wants a valuation.

it would be appreciated if anyone could suggest any guide prices. whats it worth?

Scratch build chassis, with MK indy rear end, ZZR1200 engine, Wilwoods

Driveable but no SVA.. yet

[Edited on 14/1/09 by Jumpy Guy]


londonsean69 - 14/1/09 at 01:05 PM

Ask yourself what it would cost to replace.

Either, by buying another of similar spec, or the sum of the parts.

You'll end up with 2 different figures, and 2 different insurance quotes

Sean

[Edited on 14/1/09 by londonsean69]


Dangle_kt - 14/1/09 at 05:14 PM

I put down £7500 including tools, mine is a locost, and I valued it at worst case scenario time, of just post SVA but pre registration with all my tools/welder going too.

It is over optimistic, but last thing I'd want is the insurance co to undervalue, and me have shot myself in the foot by not having a high enough coverage to get my money back.

Only £75 for the year, and covers me for trailering it places too.


londonsean69 - 14/1/09 at 05:51 PM

Dangle, out of interest, who was it with?

Sean