winchman Posted February 6, 2018 Report Share Posted February 6, 2018 Hello Could some one give me an idea what to tell the insurance company regarding value? We thought £1500-1700? Its a bog standard 1962 C15, been stored in the dry for the last 30 odd years, we need to insure it against theft whilst we decide what to do with it as we just have too much stuff going on. Its 99% complete but needs recommissioning as it hasn't ran for years Thanks Quote Link to comment Share on other sites More sharing options...
section swept Posted February 6, 2018 Report Share Posted February 6, 2018 You can’t beat using the advertised prices that you will see in classic bike mag and old bike mart. Take some pics or copies of adverts for similar model C15’s and adjust your price to be in line with those advertised. This establishes market value, there will be no trade value as no trade guides were around in the sixties value relied upon the dealers and framers knowledge of the market. As you state the bike needs recommissioning so be reasonable about your valuation. Most insurance companies will want a valuation certificate raising by either their representative or independent value. On the other hand, the C15 has spent the last 30 years uninsured so what has changed. You haven’t let it be seen from the street etc. Scanning google or bike mags may sort you an insurance company that will insure for an agreed value at a price. ? Good luck! Quote Link to comment Share on other sites More sharing options...
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