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  1. #11
    Join Date
    Jul 2002
    Location
    Curridge, Berkshire
    Posts
    861
    A watch out on agreed value policies. If you have an incident and want to repair the car the insurers will consider the car to be a write off if the repair cost (incl VAT) is more than 2/3rds of the agreed market value.
    James

  2. #12
    Join Date
    Feb 2007
    Location
    West Sussex
    Posts
    8,318
    Quote Originally Posted by JamesP View Post
    A watch out on agreed value policies. If you have an incident and want to repair the car the insurers will consider the car to be a write off if the repair cost (incl VAT) is more than 2/3rds of the agreed market value.
    James
    - surely you then buy the wreck off them and collect your agreed value cheque minus the price of the wreck?
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  3. #13
    Join Date
    Jul 2002
    Location
    Curridge, Berkshire
    Posts
    861
    You could but what then would be the status of the car on your log book? Cat C, cat D etc.

  4. #14
    Join Date
    May 2004
    Location
    Finchampstead, Berkshire, UK.
    Age
    53
    Posts
    3,539
    If written off it will be logged as either Cat S (Structural) or Cat N (non Structural, the old cat D).

    I’ve just had 2 cars written off to Cat N (lucky month ) both of which triggered when repairs crept over 50% of the current value.

    Rgds

    Jim

    PS, Interestingly there is NIL requirement to do anything formal with a Cat N car to get it back on the road, just repair and drive (in reality the insurance company dictated that I get a new MOT to “prove” roadworthiness for it to continue with the remainder of the years insurance).
    GD Mk3 Jag based
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  5. #15
    Join Date
    Mar 2009
    Location
    liverpool
    Age
    45
    Posts
    349
    They got rid of the VIC vehicle identification check in 2015.

  6. #16
    Join Date
    Sep 2007
    Location
    Hilperton,Wiltshire
    Posts
    2,510
    VIC was only for Cat C. Cat N not mentioned on V5 unlike Cat S. Still devalues the value.

    Andy

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