[DeTomaso] Insurance valuation
Ed Mendez
edducati at mac.com
Mon Oct 5 21:58:26 EDT 2015
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
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>
>
> 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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