I have just been declined a quote because my Bongo value is too low (£4500 is the approx cost once importation is completed).
Can anyone tell me what is the minimum value they will quote against?
Minimum vehicle value restriction with C&C club insurance
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Simon Jones
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Re: Minimum vehicle value restriction with C&C club insuranc
Have you got a conversion fitted? They generally prefer to insure converted campers and if you have a conversion it may help push the value up. FYI, you can tell them it's worth £20K if you like which will be the max they will every pay out but the actual amount they will give you in the event of a claim will be influenced by the current market value.
For example, my Volvo was initially insured with a value of £7K when it had 112,000 miles on it. 5 years later, it has 221,000 miles on it so when I renewed I was asked what value I'd like it to be insured at. When I asked if I had it valued at £3K would it bring the premium down & the answer was no so I chose to leave it where it was. They will only pay out up to that value so there is no advantage to you under-valuing the vehicle as it probably won't reduce the premium & it certainly could leave you out of pocket in the event of a claim. My Bongo is insured via C,C & C for £12K which is a fair value considering the age, condition, conversion & extras such as LPG.
For example, my Volvo was initially insured with a value of £7K when it had 112,000 miles on it. 5 years later, it has 221,000 miles on it so when I renewed I was asked what value I'd like it to be insured at. When I asked if I had it valued at £3K would it bring the premium down & the answer was no so I chose to leave it where it was. They will only pay out up to that value so there is no advantage to you under-valuing the vehicle as it probably won't reduce the premium & it certainly could leave you out of pocket in the event of a claim. My Bongo is insured via C,C & C for £12K which is a fair value considering the age, condition, conversion & extras such as LPG.
Re: Minimum vehicle value restriction with C&C club insuranc
Hi,
They are my insurers - I think I put £5000 (but it might actually have been lower). They've never asked me any details about what kind of conversion I have, just how many seat belted seats.
They are my insurers - I think I put £5000 (but it might actually have been lower). They've never asked me any details about what kind of conversion I have, just how many seat belted seats.