[AdamIsAdam]

Originally Posted by The Boss

Don't forget about diminished value David. A no accident car is worth more than one which has had an accident and been repaired. It's no different with the older cars than it was when you bought your Tundras used.

This is an interesting issue. There's a delta between the original value and the final repaired value, which should be calculable by Hagerty and then paid to you. Ie, if your car is worth $50k now in original paint, but a repaired car is only worth $40k, I'd argue that a $10k check should be added to the repair bills. Or, I suppose you can sue for that in the event that there was another person at fault.

Of course, this is a snapshot value, meaning if your original car would have gone up 10% in 10 years but your repainted car only goes up 5%, they can only base claim on today's snapshot in time.

It's an interesting concept. I wonder if the fine print addresses this. It's common knowledge that a newer daily driver is expected to be repaired back to the pre-accident CONDITION but it can never be made accident free again.

As I think that through, it's probably unreasonable to ask the insurance company to insure us back in time, so to speak. It's the risk of driving.

Ok, I'm really babbling now, but one final thought: if the car was totaled they'd pay for the agreed upon value. So that all original paint car still started the policy life with an agreed upon value. That's their cap.