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General Chat (Vincent Related)
A twin for 10 grand?
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<blockquote data-quote="Rapide" data-source="post: 15114" data-attributes="member: 31"><p>I Insured my twin ( with Carole Nash) for an agreed value. I later felt this was inadequate. I went through the laborious process of applying to get this value increased. I sent updated pictures of my bike together with current and recent copies of 'for sale' advertisements from the various bike magazines together with details of current auction prices realised. This was sent off for consideration and later rejected without compromise. I now have a bike which in my opinion is under insured. I have decided after reading this thread to contact CN on Monday and ask to switch my policy to market value which I presume I could negotiate/argue at time of loss rather than the current scenario where I could not replace my bike with the insurance 'pay off' (based on an agreed value) if it were to be stolen or written off.</p></blockquote><p></p>
[QUOTE="Rapide, post: 15114, member: 31"] I Insured my twin ( with Carole Nash) for an agreed value. I later felt this was inadequate. I went through the laborious process of applying to get this value increased. I sent updated pictures of my bike together with current and recent copies of 'for sale' advertisements from the various bike magazines together with details of current auction prices realised. This was sent off for consideration and later rejected without compromise. I now have a bike which in my opinion is under insured. I have decided after reading this thread to contact CN on Monday and ask to switch my policy to market value which I presume I could negotiate/argue at time of loss rather than the current scenario where I could not replace my bike with the insurance 'pay off' (based on an agreed value) if it were to be stolen or written off. [/QUOTE]
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A twin for 10 grand?
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