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General Chat (Vincent Related)
Footman James
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<blockquote data-quote="jim burgess" data-source="post: 27513" data-attributes="member: 1978"><p>I would like to thank you for all this useful info. I have just renewed with FJ but will give the others a look in future. I am not happy with FJ as the only correspondence they action is that related to renewals. All other questions go unanswered. I still cannot understand how they come to an agreed value as aposed to market value. The agreed value for my three bikes has just doubled my premium, the only other option "market value" would have left my premiums unaltered but I think would have given me a greater machine value. FJ will not talk to me about how they do their maths. It strikes me that somthing this club could usefully do for the membership is establish an insurance scheme... I understand Arthur Farrow (whom I have not met) is an expert in the field? Yes I can see all sorts of problems in this area, but I suspect theft of our bikes is rare, the real liability would be in injury and death claims, but the rewards for us as a club and in supporting the VOCS could be great. There must be away, there must....</p><p></p><p>Jim Burgess</p></blockquote><p></p>
[QUOTE="jim burgess, post: 27513, member: 1978"] I would like to thank you for all this useful info. I have just renewed with FJ but will give the others a look in future. I am not happy with FJ as the only correspondence they action is that related to renewals. All other questions go unanswered. I still cannot understand how they come to an agreed value as aposed to market value. The agreed value for my three bikes has just doubled my premium, the only other option "market value" would have left my premiums unaltered but I think would have given me a greater machine value. FJ will not talk to me about how they do their maths. It strikes me that somthing this club could usefully do for the membership is establish an insurance scheme... I understand Arthur Farrow (whom I have not met) is an expert in the field? Yes I can see all sorts of problems in this area, but I suspect theft of our bikes is rare, the real liability would be in injury and death claims, but the rewards for us as a club and in supporting the VOCS could be great. There must be away, there must.... Jim Burgess [/QUOTE]
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General Chat (Vincent Related)
Footman James
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