I think I'm going to strangle my insurance broker...
As you know, I'm restoring the 1952 Panel.
Its not a cheap bit of kit even in the state I bought it in.
So, I added it to my fleet policy when we picked it up and insured it in the warehouse as a project. Had to get an independent valuation, but they accepted it.
Now, as we are working on it and doing more to it, clearly its value is increasing and initially the insurance said they would up the value at various stages of the restoration as we did more to the van.
Last week I wanted to up the value as the chassis is now more or less finished and clearly the van is worth more with a 100% perfect chassis than it was before.
Got another valuation done, sent it off....... NO NO NO, we can't possibly increase the value until its finished. :omg: :omg: :omg: :omg:
So, I have to wait until the day its finished before I can increase the value. What if the day before its finished the building burns down?? You know what they said: TOUGH! Well, it will be tough for them when I take my fleet policy elsewhere
so, the question is, does anyone know an insurance company who will cover the van whilst its undergoing resto and keep upping the value as we do more to it??
Cheers!
Is frequently found with a glass of wine in one hand and a vintage vw part in the other