Bike valuation for insurance purposes

[Ken4004]

Hi everyone

Looking at getting my bike back on the road but have just been considering the valuation of my bike for insurance purposes.
This is very subjective and can vary a great deal as your bike is only worth what someone is prepared to pay for it, is there a way of getting an accurate valuation  ?

You may know an insurance company that is used to dealing with older bikes to get a fair valuation.

[McCabe-Thiele (Ted)]

The one thing you need to avoid is to under insure the bike in terms of value.

My understanding is that lets say you insure a bike for £3000 and it's value is actually closer to £6000. If the  bike is stolen your insurance might only pay out £1500 as you are 50% underinsured.

There is so much hidden  in the terms & conditions I find it impossible to fully understand a policy.

[Bryanj]

Look for similar bikes on ebay and at specialist dealers plus motorcycle papers