Greenlight - No more agreed valuations

Discussion in 'Clio Trophy Discussion' started by Mikeyjp, Jan 3, 2017.

  1. SMJ

    SMJ

    Messages:
    124
    Likes Received:
    80
    Joined:
    Mar 4, 2009
    Location:
    Surrey
    Trophy No.:
    430/500
    I have agreed value through Adrian Flux, underwritten by Ageas. Only accepted agreed value of £6K. I'm probably one of the "unrealistic" customers who asked Greenlight for £8K agreed value on an unmodified, well-maintained, 43K mileage Trophy.
     
  2. Miller

    Miller

    Messages:
    1,140
    Likes Received:
    294
    Joined:
    Dec 1, 2013
    Location:
    Swindon, Wilts
    Prices have changed a lot over the last 12 months and more so the last six. The insurance companies take longer to change than the market does unfortunately.
     
  3. SharkyUK

    SharkyUK

    Messages:
    1,418
    Likes Received:
    791
    Joined:
    Aug 17, 2007
    Location:
    Wales, UK
    Trophy No.:
    165/500
    It's your fault!!!!!! :smile:
     
    Rik Perry, Miller and Chris197F1 like this.
  4. Mikeyjp

    Mikeyjp

    Messages:
    2,357
    Likes Received:
    159
    Joined:
    Feb 18, 2013
    Location:
    Nr Stratford on Avon
    Well so far

    Richard Egger = no
    Paceward = no
     
  5. Big Dave

    Big Dave

    Messages:
    402
    Likes Received:
    132
    Joined:
    Jan 4, 2012
    Location:
    Blackpool
    Trophy No.:
    283/500
    Im with A plan and have an agreed value of £6500, although as we all know the values have risen lately.. So im hoping come renewals time [mid Feb],ill be able to increase that...
     
    Rik Perry likes this.
  6. spoonhunter

    spoonhunter

    Messages:
    17
    Likes Received:
    8
    Joined:
    Oct 25, 2015
    Location:
    Worcestershire
    Trophy No.:
    256/500
    Try Specialist Insurance on 01277 206911. I have another car insured with them, would be my first port of call when the Trophy is due in March. Maybe we need to mention that there could be a few policy purchases out there?
     
  7. MarcB

    MarcB

    Messages:
    1,199
    Likes Received:
    54
    Joined:
    Nov 26, 2010
    Location:
    Uk
    I just want to clear a few things up for some people.

    I have spoke with Neil via PM and also spoke to greenlight on the phone.

    The only people that will NOT get an agreed value on there trophys are people opening a new policy.

    If you already have a policy with agreed value on it you DO NOT lose the agreed value come renewal time providing you continue to stay with greenlight and carry on with your policy.

    While on the phone to green light i was told that a trophy owner has tried to get an agreed value of over £20k which is just crazy in my eyes.

    Like I say above it's only people who are opening a new policy with green light that have not got agreed value already.
     
  8. Ashtons99

    Ashtons99

    Messages:
    860
    Likes Received:
    388
    Joined:
    Nov 20, 2015
    Location:
    Yorkshire
    Trophy No.:
    449/500
    I had same conversation Marc yesterday when I renewed with them. They told me about the 20k punter! I still can't understand though why they have stopped taking on new agreed value business, all they need to say is no to any value they think OTT.
    I've stuck with them because it's good value at £200 fully comp agreed value. The only thing they don't do which has been mentioned is review your value upwards so you that's a future decision if you feel their valuation is dropping well behind
     
  9. Portland

    Portland

    Messages:
    279
    Likes Received:
    9
    Joined:
    Oct 27, 2005
    Location:
    South Yorkshire
    Fraid not, wouldn't quote for me despite other vehicles in household. Capped at 5000 miles and no commuting.
     
  10. tricky

    tricky

    Messages:
    14
    Likes Received:
    5
    Joined:
    Feb 4, 2007
    I have a clean license and am with Greenlight with a £6000 agreed value on my unmodified clean Trophy (apart from custom stainless exhaust) for a premium around £350 (30/09/16).
    Having done around 83k miles at the time, I am allowed 7k miles in the year and am able to modify this if it becomes apparent that I'm going to exceed it later in the policy year.
    What is probably unusual is that it includes "...the carriage of goods or samples in connection with [my] trade or business..."
    However, this 'special' treatment is not written into the policy and so I had the amendment accepted in a simple recorded conversation.
    This was what made a previous arrangement tortuous with Adrian Flux to whom I had even paid the premium even more frustrating as contrary to the conversation, also had no clause that permitted my goods/samples carrying, and in their case, would not change to what had been discussed and agreed at length (I was reimbursed).
     
    Last edited: Jan 20, 2017
  11. danterzza

    danterzza

    Messages:
    69
    Likes Received:
    73
    Joined:
    May 10, 2016
    Location:
    Derby
    Trophy No.:
    193/500
    Yeah I am also with greenlight, I find there customer service excellent so will continue to use them for the foreseeable future.
     
    Miller likes this.
  12. Rik Perry

    Rik Perry

    Messages:
    606
    Likes Received:
    572
    Joined:
    Jul 14, 2016
    Location:
    Northampton
    Trophy No.:
    082/500
    Has anyone made any progress on this at all ?
     
  13. Ashtons99

    Ashtons99

    Messages:
    860
    Likes Received:
    388
    Joined:
    Nov 20, 2015
    Location:
    Yorkshire
    Trophy No.:
    449/500
    Greenlight still take some beating but really only for existing customers as they won't isssue any new agreed value policies. I never bothered looking anywhere else.
    I'm sure there are specialist insurers out there who will provide some form of agreed value, maybe worth looking in the back of EVO and similar mags to see what's out there
     
  14. Mikeyjp

    Mikeyjp

    Messages:
    2,357
    Likes Received:
    159
    Joined:
    Feb 18, 2013
    Location:
    Nr Stratford on Avon
    nope, i will try again closer to the time, i will most likely stay with Greenlight again anyway, as the agreed value they gave is still good
     
  15. hoolio

    hoolio

    Messages:
    5,542
    Likes Received:
    248
    Joined:
    Jul 27, 2006
    Location:
    OXFORD
    Trophy No.:
    307/500
    I guess most will be keeping quiet until their renewal as they have no reason to chase it up yet and in case people pile in and they withdraw the cover as Greenlight. I was thinking of moving but will be tapping up my present suppliers before looking around and will post here.
     
  16. Dazzler32

    Dazzler32

    Messages:
    309
    Likes Received:
    112
    Joined:
    Apr 12, 2013
    Location:
    Scotland
    For anyone looking for an Agreed value I go one with Keith Michael https://www.keithmichaels.co.uk/
    Adrian Flux offered one as well both charged extra for it though Flux at £40 and KM at £55.
     
  17. Simundo

    Simundo

    Messages:
    132
    Likes Received:
    38
    Joined:
    Apr 12, 2015
    Good to know. Greenlight sound like right idiots. Will be doing ringing around.
     
  18. Ashtons99

    Ashtons99

    Messages:
    860
    Likes Received:
    388
    Joined:
    Nov 20, 2015
    Location:
    Yorkshire
    Trophy No.:
    449/500
    A bit unfair really. Green light are good to deal with and you get to speak to an English speaking person in this country. It is their underwriters who took the decision not them. I'm sure Greenlight would have been happy to continue, as they still do with other models, but their insurers decided they didn't want to be involved in valuing the Trophy model.
     
    Miller likes this.
  19. Simundo

    Simundo

    Messages:
    132
    Likes Received:
    38
    Joined:
    Apr 12, 2015
    If they are brokers then surely they can find other underwriters though? It's in their interest to maintain a reputation in specialist car clubs
     
  20. Ashtons99

    Ashtons99

    Messages:
    860
    Likes Received:
    388
    Joined:
    Nov 20, 2015
    Location:
    Yorkshire
    Trophy No.:
    449/500
    I think they do, they have a good reputation across the "hot hatch" and modified car owners. It's only the Trophy they don't offer agreed value on and that's only on new business. I'm guessing they look at delivering the product to the broader customer base, as a new customer you either accept the terms or go elsewhere.
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.