I think that this will be the last year I use Sky to insure the Supra.
I filled in the agreed value form, sent pics etc and filled in the value.
A few days later I get a letter back saying that the car will have an agreed value that same as the first year I applied and before any improvements etc were done to it.
This amounted to a drop of £1250 for one year. I assumed this was because at every stage they had gotten my current agreed value wrong so I asked them what the deal was.
It appears that they had submitted my application without making the underwriters aware of last years value and so they saw no need to add to it.
Anyway, it got referred and they've dropped it by only £750 this year!
I'm a bit annoyed about this and enquired as to the financial penalties of cancelling my barely 10 day old policy with them.
Just over £200 and no refund on the agreed value payment.
Robbing blighters!
So, basically, it makes no financial sense to cancel as the loss of £200 is greater than the difference between Sky and the cheapest other quote I had.
So, stuff them. I'm taking it for this year and then shopping elsewhere next.