Agreed value Insurance policies

[pete-p]

I went back to the insurers after receiving the engineer's report (basically a desktop valuation), I didn't need to contact the ombudsman but was able to quote them which gave weight to my case, along with adverts for similar cars for sale and my original receipt.

I think that the issue is that the D2 S8 is included as an variant of the A8 in the guides rather than a separate model, so it just gets valued as an A8.

Usually they won't use adverts to help value a car "But they may be if the car’s a classic or rare model" which the D2 S8 is.

http://www.financial-ombudsman.org.u...valuation.html

I just wonder how beneficial an agreed valuation would be, what if the prices increased during the year and the agreed price was too low (could go the other way too though!). I'm also not sure if it would increase the premiums much, maybe someone here has experience of agreed valuations?