[DeTomaso] Insurance valuation

[Ed Mendez]

I have my red car insured for $120k, and my blue car insured for $65k and I am paying $1200 per year for both at Hagerty. I think it is too much considering the amount I drive them.

Ed

> On Oct 5, 2015, at 18:53, Asa Jay Laughton <asajay at asajay.com> wrote:
> 
> Yea, that sounds like a good idea.  I increased mine to $50K last year and took a $500 a year jump in premium.  I can't imagine what it would jump to if I claimed $90K.
> 
> Thanks, but not yet.
> 
> Anyone want to buy a First place finisher in the Silver State Classic Challenge?  1973 L model, unrestored.
> Asa  Jay
> 
> Asa Jay Laughton - W7TSC, MSgt, USAFR, Retired
> &  Shelley Marie
> Spokane, WA
> ******************************
> http://www.racingagainstautism.com
> http://www.teampanteraracing.com
> http://facebook.com/racingagainstautism
> 
> 
> On 10/5/2015 6:10 PM, Arjun Ghosh-Dastidar wrote:
>>    Got my insurance renewal letter in the mail today and the carrier is
>>    pegging replacement value of valuing an unrestored car at $90K for
>>    2016. Spoke with my agent to confirm this.
>>    If your car is insured at an agreed value below this amount, time to
>>    call your agent and up the amount.
>>    For the rest of you peeps, further proof that the value of our cars is
>>    on the rise and even the stingiest appraisers are giving $90K for
>>    replacement value.
>> 
>> 
>> 
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