Quote:
Originally Posted by chip4
I am thinking about getting this Collector Car Insurance, what would be my ideal “Agreed Value” for my 15’ Z/28?
Currently in AZ Phx area with USAA: $1192/yr 5k mi, $1k deductible $100k/300k coverage + Full Glass. Mid 40’s no tickets/accidents.
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Chip..
Use your purchase price as your agreed on value-every thin dime of it. If you added Xpel, add that too. Once you have an agreed on value, if totaled..like I was by an unlicensed uninsured driver...wreck to check in 23 days. When agreeing on the value all I did was to send a scanned image of my receipts.They wrote the policy immediately. It does require a daily driver to ensure it as a collectible. I also aded an additional 7$ per year for a zero deductible on my car glass replacement. I figured what he heck, if I catch some gravel on the windshield its a free replacement.
The wreck? Bittersweet moment -> but eventually nothing but smiles. the National Corvette Museum/American Modern..also added 2% inflation for each quarter you had the policy. When I had my wreck..I had the policy for 9 months 6 days..hence 2% per quarter for 3 quarters...$2100 extra.. Man did that $39,100 check put a smile on my face. I'm guessing the 23 year old was none too happy when he got sued by American Modern. In a perverse way I'd have like to been there when he got that registered letter..to tell him AMIG was going to slice and dice him like he threatened me at the scene. Weird thing was I had my carry under my jacket..so I never pulled it out; I just held up my phone and said I'm recording everything you say.