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Hot!Valuation for Insurance Purposes

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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" 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

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    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.

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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

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    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.

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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. 

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