General Panda insurance valuation

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General Panda insurance valuation

P1NKY

...so many Panda's...
Joined
Jan 22, 2015
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Location
'ampshire
Has anyone had their Panda valued for insurance purposes?

I've got an interim agreed value, but I need to get it valued 'professionally' according to the insurance company. I ought to get it done before I need it done and regret not sorting it out.

Thanks in advance.

P1NKY
 
Most good classic insurers will be ok with your valuation, as long as you're within the range they already insure. Peter James for example will let you self-certify if it's over 20 years old & under £15k - there have been problems with certain other insurers though! Peter James insure loads of Pandas though, so they will know the correct values already.

A formal valuation can be done if necessary, though you would need to be a member. The valuer usually wants to see the car though, which may cause issues depending on where you are.

Unfortunately it's not a car I know personally & I haven't seen you at a show - I would personally be willing to value a Panda based on detailed photos (it's quite easy with Pandas, I know what they are worth depending on the condition), but it would really depend on exactly what the insurer needs. If it's got to be a formal valuation to stand up in court, then I wouldn't tread on the valuer's toes as he does the official valuations (to be honest, I'll tell him what I think in the case of a Panda anyway!). If a confirmation by email from a Fiat Motor Club official is ok, then I can do that easily.

Who is the insurer, what have they asked for, and (quite importantly) what did you give as a value? PM me if you don't want to spread it around the forum! Tbh it doesn't matter what you've told them, the standard Panda valuations are pretty set in stone, and you're not going to sway me away from it easily. (y)
 
Hi,
If it's of any help to anyone on our classic car schemes in the majority of cases the agreed valuations can be set by the completion of a self deceleration form for the vehicle condition and supplying 7 colour photographs of the vehicle.
Regards,
Dan.
 
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