How much should I value SV for my insurance?
 

Insurance is due for renewal and they have asked the value of the bike. Not really sure what to put as there isn't anything similar for sale on Bike Trader when I looked earlier this week. A couple ask for a value including mods, others ask for it without, though I know they'd only pay out for standard bike if I made a claim. So what do you reckon?

K8 SV650s

Under 9,000 miles
In tip top condition as I've had the bike from new.

Mods:

Beowulf can
Heated grips
Givi 46l top box
Black Fabbri screen
Tail tidy
Hugger
Cowl and rear seat
Standard and custom rider seat for midget

Re: How much should I value SV for my insurance?
 

I'm not sure how to value the mods but for the base bike I was looking at paying around £3200 - £3500 for bikes of similar age and mileage, from a dealer and with OEM lower fairings. However I got a zero-mile pre-registered one for £4800 so I went that way.

I would guess at £2800 for the base bike and add what you feel the mods are worth.

Re: How much should I value SV for my insurance?
 

£5000 as you can never replace your bike. You will wlways be lost if it gets stolen/written off :)

Re: How much should I value SV for my insurance?
 

£ 3200. trade be about £2800.
if you get a total loss they only want to pay minimum trade

Re: How much should I value SV for my insurance?
 

Im not sure why they ask this question as they only pay out their book value in a claim.Perhaps its a way of upping the premium if you put a high value on it?That is unless you are buying an agreed value policy which is a different matter.