Section : Agreed Value

TSSC Valuation Certificate

Posted By : James Carruthers, 19-May-2003, 03:17pm

• TSSC Valuation Certificate

  Posted By : Nigel Gibbins, 19-May-2003, 03:26pm

  As far as I understand it the valuation certificate is only valid through the TSSC club and Footman James because of our special relationship with them (eg the scheme). Other insurance companies are under no obligation to recognise the value. If you are having problems you should talk to Footman James and they should be able to fight in your corner.
  
  Unfortunately, additional modification or improvements can't count for anything unless you've declared them and had the car revalued.
  
  However, I am not an insurance expert and this is how I understand the system to work. FJ will put you right - I'm sure.
  
  I was lucky enough to be hit by a Norwich Union insured driver (100% his fault), they agreed to uphold the agreed value £4500 and allowed me to use my own repairers. Good job too as the damage was £2100 worth.
  
  NiG
  http://www.niginthecar.net

  • TSSC Valuation Certificate

    Posted By : Mike Crewes, 20-May-2003, 04:52pm

    James
    
    NiG is right. The valuation Certificate is part of the agreement with FJ, but you are not dealing with them, so you're more or less on your own.
    
    Your solictors should be able to advise you how to proceed (when they get the papers), but you need to reject the offer detailing that the car is worth more and that you have a certificate from the owner's club to prove it.
    
    This problem also arrises with fully comp on other insurers that are not FJ and a claim is made from a third party insurance.
    
    If you had been fully comp with FJ the matter would have been sorted within a few (less that 14) days. I know 'cos they did for me! Not much help now I know, but a lesson for the future. :-|)
    
    Good luck
    Mike Crewes
    copshop@tssc.org.uk