What is An Agreed Value Policy?
In the event that your vehicle being a total loss or subject to theft after a claim has been initiated, an agreed value car Insurance policy pays out the sum that was a pre-agreed between the Insurer, and you, the policyholder before the event.
The Insurer will pay out an amount you've both agreed on as aposed the average market value.
Why Would You Apply an Agreed Value Policy?
Classic cars are often purchased as an investment, and over time values can fluctuate depending on the cars availability, and how rare they are becoming. Certain cars, makes and models can be very sort after, particularly if that car has been subject to feature in a major movie, such as the Aston Martin DB5, these cars values, will always be influenced by our love for James Bond, and by having a agreed value removes any uncertainty should the worst happen.
So, in the main it's classic, and retro cars, where we recommend you taking out an agreed value on your Insurance policy, and in many times we will be able to offer this free of charge.
Limited Mileage Policy
As car collectors, and enthusiast ourselves we know, that many of you do not use your cars as a daily driver, and this is why we offer great discounts for those that only use your cars for special occasion's such as summer use, weekends only, shows and events.
We'll help you get a policy that suits your driving requoirements, and save you money on your car Insurance premium. Starting from as little as 1500 miles per annum, we'll tailor a policy thats suits you.
If you would like to know more on how we can help get you great car Insurance, agreed value with limited mileage call us now on the number above.
