PaulW_964

It's come to that time of year again where I've had to renew Porker insurance. I've been given the opportunity to fill in an agreed value form, but was a bit unsure about what figure I should put down...

My car is a 1990 C2 manual, with around 86k on the clock. Now I know that the prices seem to be on the up and you often see cars up for £20k +, but are they actually selling for that?

At the end of the day a car is only worth what someone is willing to pay. I don't plan on selling, I'm just thinking of how much would it cost to replace it with the same, if the unthinkable were to happen.

Some of you know the car, but to give a brief background, the bodywork is all in good order with only the usual stone chips on the nose and is rust free. That said, I don't know what you'd find if you took the wings off, but it hasn't had much exposure to the wet stuff over it's latter years.

It hasn't had a top-end rebuild and does have a bit of a wet **** which I will more than likely address this next year. However, after a discussion with my mechanic, he suggested that it's arguable whether it actually needs one. The 64 pulls well, maintains good pressure and the level doesn't drop much. The rest of the mechanics are good - if something needs doing, I generally do it. So all in all, not an immaculate example, but I'd say a pretty good one.

What do we reckon I should stick down then?

deutschland-dobson

Not sure on the insurance company you're with, but im with ClassicLine.

When I took up my policy they required an independant valuation for anything over £20K. Anything below you had to complete a form yourself and send them photos of the car.

Just in case you need to take this into consideration...

Chris

PaulW_964

Cheers Chris. I'm with Adrian Flux and so far they've based the figure on 17k which is what I said it was worth last year. They haven't asked for an independent valuation, but perhaps that is why.

I never did get round to filling in the form previously, but just figured it would be worth doing this time round. Otherwise if there was a full loss claim, they would just give what they perceive is market value.

PaulW_964

I guess it might help to show a pic ...

BillyB

My insurer (RH Specialist Insurance) needed an independent valuation. If you join a club (e.g. PCGB) they will do it for free.

I'd have thought that up to about £20k was a reasonable guess for an agreed valuation for yours. A bit less perhaps if it needs a suspension refresh.

meek

I just took a classic policy with Classicline based on recommendations from Rennlist and have filled out my form for 19k, which is what was discussed when I took out the policy. As Chris said, anything over 20k requires an independent valuation. Not that I considered that in my valuation. I would class my car as A1 with a respray and a concours level, new interior; plus god knows how much in new brakes, suspension etc. . However, it has 117k miles on the clock, so the market dictates the price; amazing how so many 964s seems to be losing mileage recently . I think if my car was totalled ( cat A/B ), I could find another quality 964 for 19k.

By the way, definitely give Classicline a call. Footman quoted me £370, Classicline £270 . Of course, Footman then matched the lower price, but I don't like those sort of games and stuck with Classicline.

PaulW_964

Cheers Billy. The car is running H&R Greens on standard shocks, I wouldn't say it needs attention though, so that shouldn't effect the value, especially for insurance purposes.

PaulW_964

19k sounds like a good figure Adam, although I wouldn't say it was quite A1 like yours.

I'm definitely with you on the insurance quote games - why can't they just give you their best price in the first place, drives me mad!!!

meek

I know, annoys the hell out of me. I was warned by a family member that works for Aviva to watch out for the small print in best match quotes. If they say best match on the 'phone and you accept, make sure the policies match like for like and that you keep a copy of the original competitors quote. You may need that as proof if you need to claim. All typically sneaky.

I wouldn't call my entire car A1; wish it was. 19k sounds like a fair price for your car, plus yours is a C2 which the market values more. Of course C4 is better to those that know... blah, blah.

Porsche964FP

19K sounds like a good evaluation.

I'm renewing in March, so I'll have to get an evaluation as I have no real clue what it'll be worth.

boxsey911

Reading this, I think it's time I upped my current valuation of £14K!

kos11-12

what a coincidence, just did some research as it's time for my renewal as well

had a quote today with CL,
5k miles, garaged, 250 excess , Porsche club track days, other track days +75 £, 2 drivers, EU break down for £447
and for 30 K value £ 530,

was with RH but I don't think they cover for track days...

anyone knows an insurrance that gives over 90 days EU cover ??

PaulW_964

Yeah whatever Adam hahaha

PaulW_964

Yes, reckon you it would be worth getting yours valued Frank

By the sounds of it Steve... yes you should

Mine is also insured for 5k miles, garaged, 250 excess but no breakdown or track day cover for £350

boxsey911

Just had a valuation back from the Porsche Club who have written it down as having a value of £19K for insurance purposes.