Insurance and Value of New Car

ak888 · Aug 26th, 2009, 15:14

XC60 scheduled for end of Sept delivery (woohoo! - was mid-oct at one point).

Anyway - need to investigate insurance costs. What value do you report for the worth of the car? The list price? The cost price? Some arbitrary trade in value as obviously the worth is less once you have driven it off the forecourt.

Some insurers don't insure cars valued at over 30k (directline and many of its subs like Privilege).

JackRussel · Aug 26th, 2009, 15:19

If it was written of on the way home from the dealership it could potentially cost the list price to replace it. This is the cost I would ( and always do ) insure a new car for.

NewVolvo · Aug 26th, 2009, 15:44

My XC60 is with Direct Line and I think the limit is £40K.

At least I had no problems with the value when asked.

Aug 26th, 2009, 15:14	#1
ak888 Junior Member Last Online: Aug 13th, 2020 09:32 Join Date: Jun 2009 Location: London	Insurance and Value of New Car XC60 scheduled for end of Sept delivery (woohoo! - was mid-oct at one point). Anyway - need to investigate insurance costs. What value do you report for the worth of the car? The list price? The cost price? Some arbitrary trade in value as obviously the worth is less once you have driven it off the forecourt. Some insurers don't insure cars valued at over 30k (directline and many of its subs like Privilege).

Aug 26th, 2009, 15:19	#2
JackRussel Junior Member Last Online: Dec 8th, 2009 16:25 Join Date: Mar 2009 Location: Edinburgh	If it was written of on the way home from the dealership it could potentially cost the list price to replace it. This is the cost I would ( and always do ) insure a new car for. __________________ MY2010 XC60 D5 (205PS) SE Premium

Aug 26th, 2009, 15:44	#3
NewVolvo VOC Member Last Online: Oct 23rd, 2022 19:52 Join Date: Apr 2009 Location: Köln, Germany View Photos By: NewVolvo	My XC60 is with Direct Line and I think the limit is £40K. At least I had no problems with the value when asked. __________________ 2019 XC60 T6 R-Design 2017 S6 Avant 1996 850R 1987 780 Bertone Lots of previous Volvo's

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