HIC car insurance offers online agreed value scheme

Fri, 13 Mar 2009

Car insurance company Herts Insurance Consultants (HIC) has made its agreed value scheme available for online customers.

The scheme allows those who possess prized vintage or modified motor cars to take out car insurance and agree a final claim value before an incident occurs rather than afterwards, which might require a lot of work and time.

In most cases HIC accepts the value owners put on their own cars, and, although the premiums of the car insurance are not always reduced, peace of mind can be attained in that the car will pay out what it was worth.

Andy Morton of HIC said: "We've decided to call time on this long process and make the agreed value system easier to do - totally online. We can do it with almost any vehicle and it won't involve many questions."

He added that agreed value insurance covers theft and vandalism as well as write-offs.

Price comparison website Gocompare.com recently advised car insurance owners to make sure they have the best deal to save money during tough economic times.
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