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AIB and the Hiscox high net value policy is what I use - they swallowed £100K on mine last year, this year I'm looking to up it to at least £125K. I think what I said is possibly an under-valuation but they're more likely to go for that than a price for a mythical level of tune which they don't understand. You can of course point to various 'standard' GTRs for sale at c.£150K and say yours is a bit more special.
 

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Thanks curios , I rang a-plan and Keith Michaels who cannot insure me . A-plan won’t agree the value and Keith michaels were very helpfull but are unable to insure the car . I’m waiting on a call back from AIB tomorrow morning so hopefully some good news

what a headache .
Really hard to get the agreed values up to what they are actually selling for.....HJA do valuations that have helped a few achieve close to their actual replacement costs

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1995 Skyline R33 GTR Nismo V-Spec ( R28 )1999 Nismo R34 GTR V-Spec 1991 R32 GTR.
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I'm checking out insurance rates here in Canada, see how much I will have to shell out for the " Unholy Trinity " I now own. I just purchased a R32, and R34 from Japan in the last 3 months! I'm looking at Hagerty Insurance for collectors plates!
 

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Discussion Starter · #24 ·
I’m still waiting on call back from AIB I also called Adrian flux who are getting back to me tomorrow.


Any others I can try ?
 

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Discussion Starter · #25 ·
Still looking for insurance for agreed value . No joy at the moment . Still awaiting call back from couple of insurers.

Been advised from a broker this morning maybe I should look into insuring the car on an open market value .
It will be insured on current market value and as it’s a rare car it might be better for me than going agreed .
As the values are going up you may agree value £100k for your car but the car could be worth 130k some months later and you will get lower payout if anything did happen .

got me thinking now .
 

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Yeah possibly a concern, after all I'd not be able to buy the equivalent to mine for the £100K it's currently insured for.
 

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Difficult one as insurance companies haven't kept up with the current sale prices.....makes you wonder if its better to keep details of all the ones that have been sold as evidence.

Then when they ask you what the value is upon taking out a policy say what you think and pay the premium.

Looks like the current range of agreed value polices will leave you with a big shortfall if the worst should happen.

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Discussion Starter · #28 · (Edited)
Another broker mentioned the same to insure it open market value . They know about the steep increase in value in R33/R34 and if there was a claim they will look at owners club as well as the current for sale market to decide the value of the car .

I told him my car is different to a standard GTR and would they value it different as on the log book it just states Nissan skyline GTR . He informed me they go on chassis number and if the car is a vspec 2 nur and all checks come back as such they will compare values to same spec car .If none are for sale in uk they will look to specialist importers & Japan for pricing as it’s a Japanese import ,this being the main reason insurance companies are wary of agreeing a high agreed value and being a Nissan doesn’t help . If it was a Ferrari, Lamborghini etc he could get insurance straight away .

seems I’ll be going open market value on my insurance .
 

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Discussion Starter · #29 ·
I’ve been quoted a good price using a comparison site .

going through Lloyds bank with a policy from aviva
Car Value : £150,000

£600 fully comprehensive.

similar Prices from LV , Halifax

Admiral £1100
Zenith £1800

happy days :cool:
Or is there a catch ? It’s nearly half the price I’ve been paying sky .
 

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1995 Skyline R33 GTR Nismo V-Spec ( R28 )1999 Nismo R34 GTR V-Spec 1991 R32 GTR.
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When you talk about agreed value, what are you referring to? The cost one bought the Skylines for?, Appraiser value? Or what your insurance agency has on their books?. With my two additions to my collection I'm afraid to even check what my insurance rates will be on the R34, as well as the R32 . The R34 is a the most expensive car I've ever bought. The R32 was a little lower ( 😂😂). ( My sweet wife said " it's only money dear " ). Some may think I'm crazy for put up that much money for the companions to my R33. But please let me know what the UK insurance agencies quotes for Skyline owners cars! Might give me a heads-up here .
 

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Agreed value is what they would pay in the event of the car being a total loss (either stolen or crashed).
 
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