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Insurance valuation, would you contest it?
We got a new auto insurance company and they originally insured my 1984 all stock guards red 911 coupe with 107,000 miles on it for $40k. After we sent them some photos of the vehicle including the engine (which I have never been asked to do before by any insurance company) they sent us a letter this week stating their underwriters felt the car should be insured for $30,500. I think this is probably close to the value of the car, but I am wondering if you guys think I should call them and try to get something more around $34k or just leave it as is?
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Rick
1984 911 coupe
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