Establishing market value
:welcome: to the Forums.
I have "normal" State Farm insurance coverage on my three daily driver classics. Like you, I would like to have the inexpensive classic agreed value coverage, but can not as they are not garaged.
In case of loss or accident damage, it is your burden to prove your car's value as the insurance company will use the lowest pricing guide/car ad that they can find. I would obtain an appraisal from one of the insurance companies' recommended appraisers, which along with pics and reciepts will establish a higher replacement cost that is more in line with the market.
Les
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Les Iden
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'65 Buick Sport Wagon Custom, 340, T350, 3:23
'66 GTO Post/468, 700R4, 3.31 (Mike's as of 9-16)
'68 Grand Prix/455, dual AFBs, T400, 2:93 posi (sold)
'72 TA tribute/461, T400, 3.08, (Russ's as of 9-16)
'97 Mitsubishi Eclipse Spyder Turbo, Konis, 5 speed
'09 Torrent GXP, nav, Sun & Sound pkg., Bilsteins
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