What is Agreed Value?
As part of our cover for classic motorbikes, Bennetts can offer the option of having an agreed value which guarantees the amount you will be paid for your motorbike in the event of a total loss claim. You have the option to add on Agreed Value to your Classic Bike policy at any time.
What do I need to do to apply for an Agreed Value on my policy?
In order to apply for the Agreed Value feature, you will need to:
A copy of any independent valuations you have of the bike, ensuring the date of the valuation is included;
If you are on a multi-bike policy you will need to complete the Agreed Value form and above process for each classic bike on which you wish to apply for an agreed value.
How do I send you my information?
You can send us your Agreed Value form and supporting information by post to: Bennetts Insurance, Unit 3, Swan Park, Kettlebrook Road, Tamworth, B77 1AG
You can simply scan your Agreed Value form and supporting information and send it to us by email to: firstname.lastname@example.org
Make sure that if you scan a document or photo, that the image clearly shows the information we need to see.
Please note, market value will apply to the motorbike until the valuation has been agreed and confirmed on the policy.