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Hot!Valuation for Insurance Purposes

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JAW911
PCGB Member
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JAW911 PCGB Member
2019/11/06 12:47:08 (permalink)

Valuation for Insurance Purposes

I have insured my 991 Carrera S with Adrian Flux. It is an agreed value policy and they proposed a value of £50k. I didn't agree and provided my PCGB valuation of £55k. They have chosen not to recognise this and have asked me to get a valuation from ".....a member of the Institute of Automotive Engineers and Assessors or a valuation from www.classiccarvaluations.co.uk." Can someone recommend an assessor please? the classic Car Valuations site is a guy called Julian Schoolheifer who does carry out classic car valuations but is really a Series Land Rover restorer! I wonder what he knows about 8 year old Porsches! Help please as Adrian Flux say that until I provide a further valuation they won't even honour the original agreed value of £50k!!
post edited by JAW911 - 2019/11/06 12:49:14

991.1 Carrera S Agate Grey

4 Replies Related Threads

    Peter_Bull
    PCGB Honorary Member
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    Peter_Bull PCGB Honorary Member
    Re: Valuation for Insurance Purposes 2019/11/08 11:27:44 (permalink)
    I have had a club valuations done of my Porsche's for years with no problems at all with Lockton insurance. 
    Maybe its time to look for another insurer who would accept the clubs valuation.


    Forum Administrator
    2014 Cayman 2.7 PDK Racing Yellow
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    kasspa
    PCGB Member
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    kasspa PCGB Member
    Re: Valuation for Insurance Purposes 2019/11/08 19:08:30 (permalink)
    Same can be said for ClassicLine, they have never queried the clubs valuation on my 996 4S
     
    As Peter says: time to look elsewhere

    2004 996 C4S Manual Basalt Black with Black Leather
    Chris_James
    PCGB Honorary Member
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    Chris_James PCGB Honorary Member
    Re: Valuation for Insurance Purposes 2019/11/09 12:01:30 (permalink)
    I have used club valuations with both Lockton and A Manning for a number of years, 2 cars, with no problems. Suggest you try another insurer.

    Cayman GT4
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    GeoffB
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    GeoffB PCGB Member
    Re: Valuation for Insurance Purposes 2019/11/09 19:28:59 (permalink)
    Only ever used Adrian Flux for cars I had modified  Since having Porsche over the last 25 years always used Classicline, competitive quotes and accept club valuation with no question. 

    Geoff
    996 X50 Turbo Cab
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