Agreed Value Insurance

Flip · 16-07-2020, 09:16 AM

So next question- is there a way to find out what the total loss value of a vehicle is in the eyes of an insurance company?

Just for a giggle I entered the details into ‘We buy any bike’ but they only went back to 2000/V registration- let’s just say no one in their right mind would take up that offer!

So I’m still unsure what mine would be worth other than a sum of its parts.

mickj · 16-07-2020, 09:28 AM

No bike is worth the sum of it's parts, just look at the cost of building any bike from the spares catalogue, not many could afford a bike. I think you would have to base it on how much it would cost to replace with good second hand parts (because essentially that's what you have). Just my thoughts on the matter.

16-07-2020, 09:16 AM	#1
Flip Registered User Join Date: Mar 2010 Location: Beachtown Bike: M900 Posts: 2,188	So next question- is there a way to find out what the total loss value of a vehicle is in the eyes of an insurance company? Just for a giggle I entered the details into ‘We buy any bike’ but they only went back to 2000/V registration- let’s just say no one in their right mind would take up that offer! So I’m still unsure what mine would be worth other than a sum of its parts. __________________ You're perfect, yes, it's true- But without me you're only you!

16-07-2020, 09:28 AM	#2
mickj Registered User Join Date: Jun 2018 Location: Clevedon Bike: M1200s Posts: 560	No bike is worth the sum of it's parts, just look at the cost of building any bike from the spares catalogue, not many could afford a bike. I think you would have to base it on how much it would cost to replace with good second hand parts (because essentially that's what you have). Just my thoughts on the matter. __________________ Keep the rubber side down. Mick