Agreed value

289, FIA & Daytona topics
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frats289
Posts: 64
Joined: Fri May 15, 2015 9:26 am

Agreed value

Post by frats289 »

It's that time of year when I have to re-new my insurance for the Hawk. Currently it has an agreed value of £50k - street Hawk 289, 289 engine, top loader g'box,sorted live rear end, coil over adjustable front, hard top all in tip top order (the only benefit of lockdown).

the question is, am I miles out or 'there or there abouts'.

Frank Allen
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kdavies3
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Location: Cowbridge South Wales

Re: Agreed value

Post by kdavies3 »

Hi Frank, I think you're about right.
Kev Davies
DAX Mk4, 383 Chevy Stroker, Tremec. SOLD
Contemporary CCX 3-4028, 445ci Big Block FORD FE,TKO 600. SOLD
Dax De Dion LS2 and T56. SOLD
1965 Ford Mustang 289 Convertible SOLD
In build Hawk 289 (302) Sebring. Awaiting IVA:D
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peterc
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Re: Agreed value

Post by peterc »

Personally I think that’s not far out. I would have suggested 45-50.
Knock off a bit for mine having a Rover engine means I have fallen behind again at only £42k.
I would have to hunt out Gerry’s advice a couple of years ago on the suggested differences model to model, engine to engine.
Of course there was a certain car recently on offer at 60k.
There must come a time where the insurance company is not interested in upping the value regardless of the cost of building another one. After all we are putting miles on the car. Patina eventually becomes something that’s worn out.
Difficult situation bearing in mind the value of an original.
Peter C
frats289
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Joined: Fri May 15, 2015 9:26 am

Re: Agreed value

Post by frats289 »

Thanks chaps , nice to know I'm not a million miles out...
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