Need estimate of car value for insurance purposes

AnotherJoe

In the time you wrote your post here you could have subscribed to a throwaway email and used it to get a WBAC type valuation.

FWIW I have used WBAC for valuations and the only spam I've had has been follow ups from them, no one else related, eg they haven't passed on my details to others, and you can unsubscribe from them.

Idomeneus

My thanks to all those who replied.

Yes, I knew that, in the case of a claim, the insurance company will pay only up to the market value of the car, no matter what value is declared on the schedule. I was more concerned about keeping the premium as low as possible. However, from what I have been able to deduce, the premium does not actually depend that much on the declared value, but people (such as my insurance broker) tend to be rather vague when asked. If my insurance company knows the value of my car, I don’t know why they ask me to declare it on the schedule.

I’m not so sure about a WBAC valuation. I called by one of their offices a couple of years ago and asked them what they do with the cars that they buy. The person replied that they auction them off. So the price they offer is bound to be below what they feel they can get for it at auction, which is probably the lowest of the low.