Insurance Valuation

[Brownfools]

Hi all,
I wanted to add our TAF to the home insurance. The insurance company was happy to add it as an item under "specified contents" but require an independent valuation from an expert valuer or an auctioneer.
I'm hoping that many of you will have jumped through this hoop before and can point me in the right direction.
Thanks in advance.

 

[Marvello]

I've never had to do that or read on here anyone having to do that (getting an independent valuation).

 

[Triple H]

I can't see an auctioneer knowing the true value of a pinball machine and thus wouldn't the auctioneer enlist the help of an expert?
A valuation doesn't mean 'how much is it worth?' It means 'how much will it cost you to replace like for like?' With that in mind you could just point them to any retail seller that has one listed.

A number of people on here could be deemed as experts and may be willing to help out if necessary.

 

[JT.]

I think I'd just change insurer when it was up for renewal rather than messing around trying to sort out a valuation. @ianw can arrange house insurance that includes pins and does so for many members on here already.

 

[Matt Vince]

I have provided insurance assessments and probate valuation reports before and can help you. Drop me a PM.

 

[Pick Holder]

Yeah - done insurance valuations on musical instruments, pinball machines and jukeboxes.

If you are doing a 'new for old' replacement then just send them this:

Addams Family Pinball Machine (full restoration) - Pinball Heaven

Addams Family pinball machine for sale from UK Pinball Dealer Pinball Heaven with 2 year warranty and lifetime technical support!

www.pinball.co.uk

1992 Addams Family Pinball Machine by Bally

Create more office or family fun with an Addams Family Pinball Machine. We deliver and install, shop now for top quality games room items.

www.gamesroomcompany.com

It doesnt matter how yours is graded too much. For instance in a years time you may decide to redecal the cab and put a new playfield in it this adding to the sale value.

Replacement value is different.

Most insurance companies want to pay the retailer directly I have found. But of course not all of them.....