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Founded in 2008. The Landscape Juice Network (LJN) is the largest and fastest growing professional landscaping and horticultural association in the United Kingdom.

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New for old insurance

We are struggling to get new for old insurance for our equipment, all insurers we have tried are saying "market value" and expect us to get quotes from dealers for used equipment of comparable age and condition. This is going to be nigh on impossible and very very time consuming. Getting to the stage of taking the risk ourselves. Anybody got new for old and if so which insurer

 

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  • market value sounds quite fair really.  If your car gets nicked, you won't get a brandnew one back!! 

     

  • as a genral rule of thumb it will devalue at 25% each year. if you do manage to find one that do new for old your premiums are going to be sky high 

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