Greenlight - No more agreed valuations

SMJ

Joined
Mar 4, 2009
Messages
225
Reaction score
259
Location
Surrey
Trophy No.
430
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.
 
Joined
Dec 1, 2013
Messages
1,145
Reaction score
297
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.
 

Big Dave

ClioTrophy Club Member
Joined
Jan 4, 2012
Messages
664
Reaction score
435
Location
Blackpool
Trophy No.
283
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...
 
Joined
Oct 25, 2015
Messages
24
Reaction score
11
Location
Monouthshire
Trophy No.
256
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?
 

MarcB

ClioTrophy Club Member
Joined
Nov 26, 2010
Messages
1,582
Reaction score
417
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.
 
Joined
Nov 20, 2015
Messages
1,170
Reaction score
717
Location
Yorkshire
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
 
Joined
Oct 27, 2005
Messages
327
Reaction score
33
Location
South Yorkshire
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?
Fraid not, wouldn't quote for me despite other vehicles in household. Capped at 5000 miles and no commuting.
 
Joined
Feb 4, 2007
Messages
15
Reaction score
7
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:
Joined
May 10, 2016
Messages
102
Reaction score
121
Location
Derby
Trophy No.
193
Yeah I am also with greenlight, I find there customer service excellent so will continue to use them for the foreseeable future.
 
Joined
Nov 20, 2015
Messages
1,170
Reaction score
717
Location
Yorkshire
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
 
Joined
Feb 18, 2013
Messages
2,414
Reaction score
169
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
 
Joined
Jul 27, 2006
Messages
6,217
Reaction score
830
Location
OXFORD
Trophy No.
307
Has anyone made any progress on this at all ?

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.
 
Joined
Apr 12, 2015
Messages
137
Reaction score
39
Good to know. Greenlight sound like right idiots. Will be doing ringing around.
 
Joined
Nov 20, 2015
Messages
1,170
Reaction score
717
Location
Yorkshire
Good to know. Greenlight sound like right idiots. Will be doing ringing around.

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.
 
Joined
Apr 12, 2015
Messages
137
Reaction score
39
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
 
Joined
Nov 20, 2015
Messages
1,170
Reaction score
717
Location
Yorkshire
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.
 
Top