If your insured with RH just remember your agreed valuation only lasts 2 yrs. Just found this out.
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It's on the schedule. While they did not draw particular attention to that item, it's worth checking the details they set out as things do change. I have a two car policy with them. One car was noted as market value, the other as agreed. Now I've sent them the valuation and photos both are marked as "agreed". I imagined I'd sent the info months earlier but I hadn't actually got round to it.Anthony
1976 Carmine red stag &1961 Austin Healey 3000 MkII
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Each year I go through local brokers who simply ask for updated photographs of the Alvis and Stag and in particular photographs of the odometer showing the current mileage. They only ever asked for a valuation when I changed the BW65 for the ZF 4 Tate & Lewis box on my Stag. Fortunately Clive was able to express his views which was accepted as the ongoing basis of "agreed value".
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I've been with RH for decades, with several different cars and have never been asked to renew my agreed valuation (but I've never needed to change it).
I spoke to them today and they said that they occasionally ask for a renewal, especially if the agreed value needs to be increased, but not routinely.
They confirmed that if the Policy Schedule shows Agreed Value, with the relevant figure, that is confirmation you have the cover. Relief!
Chris
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