911 SC Valuation

[MrBonus]

Hagerty seems to be willing to insure my car for far more than I could get on the open market but that comes at a hefty bump in premium. I've kept the agreed value at roughly the peak of what I would expect to bring on the open market (55k) which I'd be comfortable receiving if something happened to it.

[NYNick]

Originally Posted by DonNewton

Thanks, NY Nick, BTW, I used to keep a small sailboat at that small marina just south of the Tappen Zee Bridge. That was 1979, so it probably is a condo complex now. Your personalization of this process is going to make this negotiation difficult in my mind. I've had this car since new, it's driven cross-country a couple of times and as I was tooling around Newport, RI as a young Lieutenant in it, that whole persona that was projected ensured a constant full social schedule. Until I met my wife. Ah, good times! Anyways, thanks to all of you who took the time to respond; your insight and honesty are greatly appreciated.

Well, now you prove my point without question. Original owner? Lordy Lordy Lordy. How could you ever replace those memories, especially of the social encounters in Newport? Still, it's a car. You'll always have the memories.

My son lives there these days, did 6 years active after ROTC and works for NUOC. He often quotes the similar Jack Nicholson quote you have in your signature. Thanks for your service!

[SalParadise]

Originally Posted by MrBonus

Hagerty seems to be willing to insure my car for far more than I could get on the open market but that comes at a hefty bump in premium. I've kept the agreed value at roughly the peak of what I would expect to bring on the open market (55k) which I'd be comfortable receiving if something happened to it.

Funny, Hagerty around here wants to insure my car for less than the current market. They seems to think a rust-free California car with a rebuilt 2.7 and all new stuff equates to a market value of $18K (for a '75S). Never went with Hagerty.

[1979-930]

^^^ That’s a bummer. They have no issues with $125k for my 930.



Sent from my iPhone while Driving

[MrBonus]

Originally Posted by SalParadise

Funny, Hagerty around here wants to insure my car for less than the current market. They seems to think a rust-free California car with a rebuilt 2.7 and all new stuff equates to a market value of $18K (for a '75S). Never went with Hagerty.

It's interesting how people in different states have wildly different experiences with the various insurers. I've never had an issue with Hagerty and changing valuations.