Jump to content
Do Not Sell My Personal Information

Agreed value car insurance - RAV4 Giant

Recommended Posts

Does anyone have an agreed value on their older Toyotas? I have a 2000 Rav4 Giant and suspect that if I were to have an accident a regular insurer would give me a very low valuation. The car has been mine for all of its life and is in very good condition so I would like to protect its value. Does anyone have any suggestions for a good broker?

Link to comment
Share on other sites

Thank you. That was what I was thinking but one "Classic" insurer has already refused to quote so I didn't want to waste my time ringing round if they were all going to say it is not a "classic" car!

Link to comment
Share on other sites

The chances are you won’t get an agreed value as they may not consider it a classic.

I had a 98 rav 4 and had an accident which was my fault damage was more than the value of car however I did not claim for the damage because they would have written it off but I got it repaired at a local body shop for £250.

My point is most insurers will Wright off a low value vehicle with relatively little damage but is often repairable at a body shop that is not used by insurers.

I tried to insure my rav 4 third party fire and theft but comprehensive was cheaper can you believe it!!

Link to comment
Share on other sites

Thanks for that info - as I suspected. Annoying as there are only 53 Giants left on the road - last one on eBay went for £1995 and there's one for sale on Autotrader at the moment for £2990. I suspect an insurer would never pay out these amounts for a 21 year old car.

Link to comment
Share on other sites

On 5/4/2021 at 5:08 PM, FROSTYBALLS said:

The current thinking seems to be that a classic car is one over 40 years of age.

Cannot speak for GB cars, here in Ireland cars need to be at least 30 years old before being regarded as a Classic for insurance purposes and must pass the NCT (MOT) up until the car is at least 40 years old, at which point road tax is reduced to €50 vintage tax.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...