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Join Date: Apr 2002
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Classic car insurance...again.

Did some searches. Currently with Hagerty, but just want to shop before renewing. What's the ballpark for Carrera values these days? I ensure so I can buy myself one big azz beer to cry in if she goes up in flames . Garaged, rarely driven these days, and I know the 25k agreed value is low, but that's a BIG beer! Suggestions?

Old 03-02-2017, 02:32 AM
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Join Date: Apr 2002
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Can't access American Collectors via smart phone .

Classic Collectors by Infinity is looking sweet for my situation...any feedback on how they are when you need them?

Might bump my agreed value at these rates....bigger beer
Old 03-02-2017, 04:04 AM
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Does 40k seem reasonable for a 70k mile Commemorative Edition Carrera that's in fantastic condition (imho )?

Matt????
Old 03-02-2017, 04:16 AM
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Some might ask for an appraisal but Hagerty bumped my coverage last time around without any questions.
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Old 03-02-2017, 04:25 AM
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I have American Collectors for my classics and modern muscle.
Old 03-02-2017, 05:11 AM
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I have $40k on my 88 Diamond Blue with 156k miles. I might request for a quote at $50k...
Old 03-02-2017, 05:47 AM
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Quote:
Originally Posted by KC911 View Post
Does 40k seem reasonable for a 70k mile Commemorative Edition Carrera that's in fantastic condition (imho )?
That is low in today's market. It's worth at least $50K.
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Old 03-02-2017, 06:34 AM
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Quote:
Originally Posted by jorian View Post
That is low in today's market. It's worth at least $50K.
I definitely need a new hobby or at least another brand...
Not arguing the validity of Jorian's statement, simply shaking my head... I enjoyed this hobby way more when those cars were $15-20K...

Since you are with Hagerty (and I recommend them highly, because unlike most I've had a big claim and they delivered, my boss just had a big claim last week too and they delivered for him as well, in spades), check their valuation tool for your car, be realistic on condition (it's not a #1), add 10% for anniversary or whatever, go with whatever that may be... more coverage = more premium. Find a happy place. 25 is low for sure. Maybe look for a similar car FS and see what the asking price is...

Last I looked I have not found other ins.co to be better and cheaper, or at least significantly cheaper that made it worth the risk of lesser service... I did move one of my oldies to another co. that gave me permissions to use it as a semi-daily (state farm). That's another issue....

Old 03-02-2017, 07:12 AM
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