Insurance

[EvoMan 116]

I realise that insuring your car works in a different way, in different countries. So this topic might not be as useful or relevant for all of us.

 

Here in Holland, I can only insure my car, because of its age, in a pretty basic way. That is just the way it is. Even if I want to pay more, the insurance company does not want to accept.

 

What to do with all de modifications we do to our cars? If my car burns down tomorrow, I only get 2300 euro's. A ridiculous low amount of money. What I can do, is ask an independent surveyor to value the car in it's current condition. He will make up a report. But, this does not mean the value paid by the insurance company goes up. It is only a way to dispute the money paid out by the insurance company.

 

What else? Well, actually I was told that keeping a record of your modifications on a forum, can help you. It works as a sort of logbook of all the work done.

 

The problem, at least over here, is that Alfa Romeo's are valued very low. A classic car insurance is also not an option. Some company's offer a youngtimers insurance, but if you read the smallprint, it is only slightly better then the basic insurance, but at a heavy premium price.

 

A tip to all, keep all invoices. Keep a logbook. Even if you buy parts, from forum members or online auction sites, keep the postal delivery papers. I know this sounds silly, but it helps you build your claim case of an insurance write off.

 

I know one of our fellow forum members is in a dispute with his insurance company over the value of his car. You might think this is to much work, but 10 small purchases of 100 euro/pound or yen also add up to 1000 euro/pound or yen.

 

If you get an appraisal from a surveyor, revise it every now and then. Because with the most of us, the modifications are never ending.

 

If you have any suggestions, feel free to comment. 

[Damgreg 94]

In France it's the same system. But they refund at the value of the car that you can found on lacentrale.fr, the value of your car in french: "la côte argus". Don't know if it exists in other countries.

 

I do agree with you and the fact that you have to record every mod you do on your car... No one knows what can happend tomorrow...

I did a picture book in which you have every modification I done. And obviously conserv every bill of the stuffs I buy.

 

But I think my life is turning around my car till I got it