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Xt6t "value"


richdave

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  • SLOJAM, Gone but not forgotten
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So I have had to insure the "T" privately since the lease is up...

So I call the insurance Co. After all the fluffing about and telling them my life story, the fella on the phone tells me the car is insured for $34,000 :laughing:

I nearly fell off the chair....

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  • Woooooooosh
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So I have had to insure the "T" privately since the lease is up...

So I call the insurance Co.  After all the fluffing about and telling them my life story, the fella on the phone tells me the car is insured for $34,000  :spit:

I nearly fell off the chair....

Too much or not enough ?

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  • Member For: 19y 5m 30d
  • Location: Brisbane

As your car is a blueprint I assume it's a BA I? Mine (2003 auto, premium sound) is insured for market value which they tell me is $33,500.

Edited by 192XRT
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  • Member For: 19y 10m 1d
  • Location: The North Cooma End of Canberra...

Remember those prices are what the insurance co feels that they may have to pay to replace the thing should it be written off, not what it's worth... Remember that if you write off your T in the next year they might not be able to find a good deal on a new (good 2nd hand) one that your happy with, as such they want to make sure they have already covered that angle...

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  • SLOJAM, Gone but not forgotten
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Remember those prices are what the insurance co feels that they may have to pay to replace the thing should it be written off, not what it's worth... Remember that if you write off your T in the next year they might not be able to find a good deal on a new (good 2nd hand) one that your happy with, as such they want to make sure they have already covered that angle...

<{POST_SNAPBACK}>

Ummm... think you are confused, The only time the car is "replaced" is if your policy has a new for old clause, and usually only applies for the 1st or at best 2nd year. My car is 3 years old and would not be replaced. The insured value is what the cheque amount will be less any excess payable that they write out to me if it is either written off or stolen and unrecovered for the specified time.

It seems to me that a whole lot of XT6T's will get written off or get lost if they keep this up.

This black duck is too honest for that sort of caper....

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  • THE Member
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Remember those prices are what the insurance co feels that they may have to pay to replace the thing should it be written off, not what it's worth... Remember that if you write off your T in the next year they might not be able to find a good deal on a new (good 2nd hand) one that your happy with, as such they want to make sure they have already covered that angle...

Ummm... think you are confused, The only time the car is "replaced" is if your policy has a new for old clause, and usually only applies for the 1st or at best 2nd year. My car is 3 years old and would not be replaced. The insured value is what the cheque amount will be less any excess payable that they write out to me if it is either written off or stolen and unrecovered for the specified time.

It seems to me that a whole lot of XT6T's will get written off or get lost if they keep this up.

Just Be aware of all the fee's etc they will take out.

My mates GSXR1000 was insured for 20k and by the time it all washed up he got just on 16k :spoton:

Chooka

Edited by Chooka
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Now, while I generally frown on tis kind of thing...

If you are going to be naughty, do it to Swann, they deserve it.

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