I am trying to sort out the agreed value part of my insurance policy but my new insurance company do not agree with my valuation.
The companies I've used before have agreed (more or less) straight away after sending them photos and details of the restoration and modifications done to it. I value my Series 3 V8 at approx. £4000 although I know its cost me a lot more than that to build and would cost me about the same if I built another one the same today.
My insurance company value it at £2500 the only reference they give for there valuation is one for sale advert in a classic car magazine.
After my Land Rover was involved in a crash a couple of years ago the engineer who assessed the damage to it agreed the value of £4000 in fact he thought it could be worth a bit more. They settled the claim by giving me my Land Rover back and £2500 to repair it. I repaired it to a better condition than it was before the crash.
My insurance company now want an independent valuation of my Land Rover if I want to change the agreed value. Does anyone know who I can get to do this and what will it cost me?
Regards
Liam