Automotive insurance question
07-07-2008, 08:56 PM
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Automotive insurance question Say I had an late 80's model Camaro..
It's part show car, but I want to be able to drive it when I want, and not be limited to mileage either..
Blue book on it isn't very much, but I want full coverage on it..
I have over $10,000 invested in the car
I.E. motor, Trans,Rear end, Wheels, ETC.
What kind of coverage could I look at getting for it, that would cover what I have done to it??
I don't wont to be screwed if it gets totaled, and they only give me what the BB value of the car is when I have so much tied up in the rest of the car...
what can I do???
It's part show car, but I want to be able to drive it when I want, and not be limited to mileage either..
Blue book on it isn't very much, but I want full coverage on it..
I have over $10,000 invested in the car
I.E. motor, Trans,Rear end, Wheels, ETC.
What kind of coverage could I look at getting for it, that would cover what I have done to it??
I don't wont to be screwed if it gets totaled, and they only give me what the BB value of the car is when I have so much tied up in the rest of the car...
what can I do???
07-07-2008, 09:03 PM
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Join Date: Dec 2007
Location: Rosenberg,TX
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go with a company like Hagerty or Mecum. Most of them use Agreed Value policies. Only thing is, you have to have another car as a daily driver. I have 2 66 Impalas insured through Hagerty and its only $180 per year and one is insured for $10k and the other for $20k. If I have a total loss that is the agreed value they pay me. Some have mileage restrictions and some don't. You can even insure parts cars or unfinished project cars.
