Valuation for insurance purposes non standard bikes/specials
Posted: Fri Feb 21, 2014 4:39 pm
Guys,
My insurance is due soon. The Moto Martin is currently covered as part of a multi-bike policy with Peter James and has been valued at what I paid for it as a non-runner in 2009.
With the project and transformation to what I personally think is one of the most eye catching classic endurance race replicas around I am sure it is worth a little more than £2500. I know Peter James do an agreed valuation as they insured my Slabbie but wanted proof or value based on other bikes for sale. Fairly easy on a bog-standard slabbie and no hassle from Peter James who accepted without quibble based on copies of other adverts I found but how do I get and prove the value of something as unique as the Moto Martin?
My insurance is due soon. The Moto Martin is currently covered as part of a multi-bike policy with Peter James and has been valued at what I paid for it as a non-runner in 2009.
With the project and transformation to what I personally think is one of the most eye catching classic endurance race replicas around I am sure it is worth a little more than £2500. I know Peter James do an agreed valuation as they insured my Slabbie but wanted proof or value based on other bikes for sale. Fairly easy on a bog-standard slabbie and no hassle from Peter James who accepted without quibble based on copies of other adverts I found but how do I get and prove the value of something as unique as the Moto Martin?