I'm with NFU, you phone, you tell them the value, that's it.
Lost a horse a few years ago, insured it for a figure, told them I'd actually payed less in the end(after losing him)?
NFU: what did you insure horse for?
Me: this amount
NFU: So that's what we'll give you
Me: But I only payed x amount in the end after some health issues?
NFU: But you insured x for this
NFU: The money is now in your account
Me: Oh, erm not sure what to say
If you want to pay more for a no bull insurance quote that will actually cover you, all these other s off.
Finally: tell me about claiming on you're current policy, it may be cheap, but you''ll get rung through rings if something happens!
Edit: had to edit it