hi can anyone reccomend a lmvd in chch to get a market valuation done for my surf
my insurance co says the market valuation is only 4700 and i need to provide a valuation if i want it covered for more
its a 91 surf with holden 3.8 on 33 12.5 15 tyres so hopefully i can get a valuation a bit more then that
where to get a market valuation in chch
Re: where to get a market valuation in chch
Micheal payne, he does the valuations for most Insurance companys in ChCh 0274324325
cheers
cheers
retired 4wd to a ford ranger and UTV
Re: where to get a market valuation in chch
Yeah me to my insurance company has me Zuk valued at $1800 but theres $8000 worth of parts on it.
Re: where to get a market valuation in chch
An oldish thread but is Mike Payne still the best guy to see or does someone have more uptodate info for vehicle valuation in ChCh?
Re: where to get a market valuation in chch
Can you get a buyback clause and purchase the wreck or get a clause allowing you to remove the extras not covered in the insurance before it is disposed of?
Been thinking about this myself, is there a buy back clause?
Been thinking about this myself, is there a buy back clause?
Re: where to get a market valuation in chch
You need a buy back clause or agreed value.
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Who knew Prados could fly?
Who knew Prados could fly?
Re: where to get a market valuation in chch
agreed value is still only 20% above market rate, most companies will let you cash settle on repair costs.If it becomes a total loss is will need to be de reg.
ie repairs are $8000 valuation is $7500. cash settle with assessor on $5000 cash and retain wreck.
if you cannot agreed on wreck price with assessor, all wrecks will be sold at Auction, then you have to deal with the rest of us who know the true value.
example Pete had spent $60,000 on his truck, the market for this was $26,200 had it been valued it could have been anything
one off builds are hard to put a value on as every one has there own opinion of true worth.
And yes I do work for an Insurance company, so have insight into day to day operations.
ie repairs are $8000 valuation is $7500. cash settle with assessor on $5000 cash and retain wreck.
if you cannot agreed on wreck price with assessor, all wrecks will be sold at Auction, then you have to deal with the rest of us who know the true value.
example Pete had spent $60,000 on his truck, the market for this was $26,200 had it been valued it could have been anything
one off builds are hard to put a value on as every one has there own opinion of true worth.
And yes I do work for an Insurance company, so have insight into day to day operations.
retired 4wd to a ford ranger and UTV
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