UK & Ireland S2000 Community Discussions related to the S2000, its ownership and enthusiasm for it in the UK and Ireland. Including FAQs, and technical questions.

car value, insurance

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Old 09-20-2016, 04:48 AM
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Default car value, insurance

My S2000 car insurance is coming up for renewal

It's a 2004 16,000 miles and in A1 condition

Looking at values of cars for sale it would seem that the value is far more than insurance companies would pay out "market price"

What is the best way of insuring it for the "real value"

Dave
Old 09-20-2016, 05:33 AM
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Flux told me about an agreed value option where you pay an additional amount to insure on a fixed value
Old 09-20-2016, 05:47 AM
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This will is becoming an issue for most owners as prices continue to rise. I've been looking at agreed value policies for when my renewal is due.
I'd be interested in what others find.
Old 09-20-2016, 07:30 AM
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Too old now for gap insurance, look at classic car policies, from your low mileage restricted mileage classic polices may be the way to go.
Old 09-20-2016, 08:26 AM
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Get an agreed value with insurance company. I use Classic Car Insurance and they did an agreed value for 2 years at £20. Of course you have to send the photos and proof that the value your claiming stacks up from their side.
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