Classic insurance ,car valuation.

[chimaeras]

Just found out after paying £15 for a classic car valuation that I am to pay £17 a year for as long as I hold the policy.That's £83 over a 5 year period !! It is in the small print so buyer beware !

Edited by chimaeras on Friday 13th November 22:55

[jagracer]

£17 a year for what?

[Roy C]

Lancastrian? I've heard that some insurers have introduced this fee, but most don't.

[chimaeras]

Lancaster told me the £ 17 a year was to keep the valuation up to date !!
Thats going to cost me £ 83 over 5 years .

[Roy C]

So, when I go to the NEC (they're the main sponsor of the Classic Motor Show) later this morning, I will tell them why I won't be insuring with them anytime soon.

[chimaeras]

They emailed me with a satisfaction survey !!
I to!d them what I thought😈😬😈

[jagracer]

Do they have to notify you of these extras, why not just add 17 quid to your renewal and you'd probably pay it and be none the wiser? Not sure how much your car is valued at but I have 2 classics one with a £25K agreed price and pay £180 a year.

[chimaeras]

Hi Jagracer, your right , if they had loaded it into the premium ( £139 1 jag mk2 value £18000 ) i would not have known and we would not be having this conversation ! Jim

[formst1c]

Hi. I need a Lotus Elan +2 valued. Any ideas who would do this for me please? I live in North Wales.

[chimaeras]

Hi, try Footman James, Adrian Flux or Peter James, these are 3 insurers recommended by my car club ( jec ).good luck ,Jim

[skeeterm5]

For an idea take a look here;

http://apps.hagerty.com/ukvaluation/index.html?sho...

S