|
|
 Rank: Amateur Level 1 Groups: Registered
Joined: 28/08/2017 Posts: 33 Points: 75 Location: East Sussex
|
Hi all. Having completed my HMS Victory build I've thought about its value for an insurance claim should it come to any harm. Has anyone else considered this and what are the thoughts on the issue?
|
|
|
 Rank: Superelite      Groups: Registered
Joined: 10/05/2010 Posts: 2,608 Points: 7,519 Location: Lincolnshire
|
 We’ll you’ve got the obvious cost of the kit, but I’m not sure how much of a value you would put on your time to build it
|
|
|
|
|
Have a look on here: https://www.admiraltyshi...ails-opened-c2x24020754
The ready made Victory shown there isn't as detailed as the DeAgostini kit but is still well over £3000 to buy!  Robin First wooden ship: The Grimsby 12 Gun 'Frigate' by Constructo Second: Bounty DelPrado Part Works Third: HMS Victory DelPrado Part Works 1/100 scale Diorama of the Battle of the Brandywine from the American Revolutionary War Diorama of the Battle of New Falkland (unfinished sci-fi), Great War Centenary Diorama of the Messines Ridge Assault Index for the Victory diary is on page 1
|
|
|
Rank: Super-Elite    Groups: Official Builds, Administrators, Moderator, Global Forum Support, Registered Joined: 04/06/2011 Posts: 4,199 Points: 12,739 Location: ipswich
|
Most insurance companies will want PROOF of value.
Sadly, just because you spent umpteen hours building the ship, the 'value' will be the cost of the kit unless you can give firm evidence of a matching kit that sold for more.
I know this from experience.
I scratch-built a model C Type Jaguar that I sold for a LOT of money some years ago.
It was 'mysteriously' lost in transit.
I have 'suspicions' as to what happened to it, but no proof.
I had to put in an insurance claim.
I had to give PROOF/EVIDENCE as to the value.
Fortunately I had sold a few similar models previously, which the insurance company accepted.
Models built by yourself have NO intrinsic value above what the kit cost, unless you can provide evidence to the contrary.
My scratch build wasn't even a kit!
At the end of the day, with your ship, it's a kit.
An insurance company will say 'you can build another one'.
|
|
|
|
Guest
|
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
US
