Car Insurance quotes - when you bring an online quote and it asks you?
how much your car is worth, do you quote the price you paid for it or its present price..?
I ask because if you regard about it you could have bought your motor last year for lb12, 000, and one year later it's worth lb9,000. If you coupé is written off it isn't as ther inusrance company will pay out on the amount you rewarded for the car.. this happened to my brother and they singular paid the value it be worth on the day of his crash which was considerably smaller amount....
Answers:
I be in motion along with "Day 1"
Don't know why they bother asking this, they'll only take-home pay out on the "Book Value" at the time of the claim. Normally you give the current value, roughly, i.e what it's worth when you apply.
Unless you agree a value of the car in the past you take out the insurance (this involves an insurance assessor viewing your car and agreeing the expediency you state-normally chavved up motors or specialist marques) then they will ask you this but only remuneration out BOOK price or otherwise known as replacement price.
I put down the present price
aim big with your valuation it will not affect the premium (if you process two quotes they normally come out the same) going by the purchase price of the coupé.
the insurance company will only offer you bottom book price for your vehicle if you have to make a claim consequently you will have to argue / question their valuation going on service history, millage, condition extras fitted to the coupé ect.
never accept the first offer.
Related Questions:
I ask because if you regard about it you could have bought your motor last year for lb12, 000, and one year later it's worth lb9,000. If you coupé is written off it isn't as ther inusrance company will pay out on the amount you rewarded for the car.. this happened to my brother and they singular paid the value it be worth on the day of his crash which was considerably smaller amount....
Answers:
I be in motion along with "Day 1"
Don't know why they bother asking this, they'll only take-home pay out on the "Book Value" at the time of the claim. Normally you give the current value, roughly, i.e what it's worth when you apply.
Unless you agree a value of the car in the past you take out the insurance (this involves an insurance assessor viewing your car and agreeing the expediency you state-normally chavved up motors or specialist marques) then they will ask you this but only remuneration out BOOK price or otherwise known as replacement price.
I put down the present price
aim big with your valuation it will not affect the premium (if you process two quotes they normally come out the same) going by the purchase price of the coupé.
the insurance company will only offer you bottom book price for your vehicle if you have to make a claim consequently you will have to argue / question their valuation going on service history, millage, condition extras fitted to the coupé ect.
never accept the first offer.
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