Agreed valuations

[Guest]

Hi all,

I am insured with Lancaster and my car is currently in the latter stages of restoration. Indeed it may soon be on the road again. Lancaster say they can agree a valuation for a fee, and I intend to take them up on this. However, has anybody else done this with Lancaster? I assume they will need photos - but what else might they need?

Cheers,


Peter
P.S. as I asked elsewhere - anybody need a good ACMA and CGMA (Management Accountant)?

[Andrew S]

Hi Peter, I am sure they will have a form and will definitely need photos. Best ask them really

http://www.lancasterinsurance.co.uk/agreed_valuation.htm

Andrew

[Richard Saunders]

Mine is insured with an aghreed valuation with Lancaster. You'll need to submit photos (front, back, both sides, engine and interior) and fill out a form which you will be able to put what you think is the market value. It also helps if you have receipts to submit as well. I have found them to be very helpful. When I have the interior trimmed out I re-submitted an increased valuation with invoices and they agreed to increase value by half what I paid for the interior, but fair enough.