Value change?

[CrewOVtwo]

Hi. My insurance last year for the caravan was based on me quoting the value of our 2019 Bailey Unicorn Cadiz at £19,000.
The renewal quote I've received has dropped a bit but they still list to the van as being worth £19k, which it obviously is not.
How do I value it now so I can get a better quote?
Tia.

 

[RogerL]

Hi. My insurance last year for the caravan was based on me quoting the value of our 2019 Bailey Unicorn Cadiz at £19,000.
The renewal quote I've received has dropped a bit but they still list to the van as being worth £19k, which it obviously is not.
How do I value it now so I can get a better quote?
Tia.

Search Autotrader Caravans for similar age/model and then contact your insurer with the revised figure.

 

[Dustydog]

Be careful.
Are you insuring on a new for old basis ? Quote the current replacement new value

If you only want the market value do as Roger suggests . But be aware on the loss day the market value may be less than your figure

 

[Mel]

A bit of internet searching suggests that a used Bailey Cadiz 2019 at a Dealers is being sold for £19K. A brand new Bailey Cadiz is c£32K. ( don’t know if this the equivalent spec)
As others say, if you are insured new for old, it is the cost of a new one that you quote.
Mel