I would make sure that you insure your car for its true value rather than haggle over an extra $50/year. I am in a similar situation:
- Hagerty yesterday increased the agreed value amount of my policy by approximately 50%. They also increased the premium by almost 50%.
- Hagerty agreed to use their condition No. 2 (excellent) for my car. My car is between a No. 2 and No. 3.
- The No. 2 valuation is still approximately 20% below what I have been actually offered for my car-- if you include taxes and USD exchange. Hagerty wouldn't let me increase the value above condition No. 2 valuation without another appraisal by an appraiser on their list.
- I may just sell the car as valuations have become crazy in the past few years and I like to drive my cars. It gets harder and harder to drive a great small car without side impact beams and airbags with all of the: (1) traffic; (2) texters; (3) SUVs; and (4) lazy drivers in the city.
I have a dash cam on my daily driver for those 'who do not pay attention'.