chas49 wrote:didds wrote:Bouleversee wrote: I have read that 2nd hand cars are fetching higher prices these days but I have no idea what an insurer would consider mine is worth.
whilst of course what an insurer thinks is up to them, nonetheless looking on something like auto trader for a similar match to your car should maybe provide a reasonable ball park figure as to its value.
If the OP is still looking for insurance, the value you put on the car won'y make much, if any, difference to the premium at that end of the market. However, in the event of a total loss claim, they would only pay the lesser of the market value and the amount you insured it for. So don't understimate the value of the car on the quote/proposal as it might limit your claim if that ever happened.
I did try Autotrader and after I'd put in all the details, they said my car (Nov. 2004 reg.) was too old for them to value! I haven't found an exact match on any website. Pity they didn't state their limit at the outset. I then went on to LV (who had been recommended by the local dealer who had suggested £2k for my car's value, without seeing it) and started doing the online quote application. I hadn't got very far before it started asking questions about my home and when that insurance was due for renewal. I tried to leave that blank as it actually expired a while ago as I found myself dealing with someone whose foreign accent was so strong I couldn't understand a word she said and when I asked if I could speak to someone else, I heard no more. However, I couldn't progress the LV quote unless I answered this so I entered August and it still wouldn't let me continue. I really don't see what my house insurance has to do with my car insurance so I tried to register a complaint but the number they gave for that led to the quotes dept. so I had to start over with a woman who wasn't aware of this online glitch and had to repeat all the questions as she couldn't access the info. I had entered. I wasn't asked to give a value or the total mileage the car had done, which is very low, though she did want current annual mileage. The quote I eventually got was a lot less than that from my present insurer but I haven't yet had time to study the detail which has been emailed to me. The excesses are a bit of a turn off. The standard is £400 and if I wanted to reduce that to £100 (as with my present policy) that would increase the premium by £75. I will now do Go Compare and see whether that produces anything better.
Incidentally, when going through the bumf from my present insurer, I spotted that they had me down for a conviction within the past 5 years which is complete nonsense and they also said I did far more annual mileage than I have been doing. ( Another insurer already knew from the car no. plate and my MOT record that I had only done 500 miles in the previous year.) I did report this to them but again found myself talking to someone with very strong foreign accent who didn't understand or wasn't able to answer my questions.
As with everything else, the devil will be in the detail. I can't believe how long it all takes.