Insurance: Classic vs. regular vs. ????

I think all insurance companies will allow a special appraised value on
any car. Must have photos and proper accredited appraisal and your rates
are adjusted accordingly just like you had a 30,000 new vehicle.
It will take some prompting at your average agents.
Dodgeboy.

Joshua Nelson wrote:
> Is there any company which will insure a car for agreed value and
> still let you use it as a daily driver?
>
> My situation is that I have a 20 year old jeep which has about $25,000
> worth of performance and off road modifications on it. It is my daily
> driver.
>
> In the event of a total loss, conventional comprehensive & collision
> coverage would only pay me the blue book value, which is near
> nothing. On the other hand, every collector's policy I've looked at
> has numerous restrictions which prevent me from using it as regular
> transportation.
>
> All I want is to be able to insure the agreed value of the vehicle so
> I don't lose thousands upon thousands of dollars if I wreck it. I
> want the same kind of comprehensive coverage I could get on a car if
> it were a new late model car off the dealer's lot.
>
> I understand and accept that I would have to pay a higher premium for
> this than insuring it for blue book value with traditional insurance,
> or a limited-use collector's policy.
>
> Do I have any options?

I don't know of any classic insurance carrier that will do
that but I suggest you contact you current carrier to see if
they offer an 'added value' clause for your current coverage.
Generally they will allow extra coverage for options that add
to the value, at an additional premium rate.



mike hunt


Joshua Nelson wrote:
>
> Is there any company which will insure a car for agreed value and
> still let you use it as a daily driver?
>
> My situation is that I have a 20 year old jeep which has about $25,000
> worth of performance and off road modifications on it. It is my daily
> driver.
>
> In the event of a total loss, conventional comprehensive & collision
> coverage would only pay me the blue book value, which is near
> nothing. On the other hand, every collector's policy I've looked at
> has numerous restrictions which prevent me from using it as regular
> transportation.
>
> All I want is to be able to insure the agreed value of the vehicle so
> I don't lose thousands upon thousands of dollars if I wreck it. I
> want the same kind of comprehensive coverage I could get on a car if
> it were a new late model car off the dealer's lot.
>
> I understand and accept that I would have to pay a higher premium for
> this than insuring it for blue book value with traditional insurance,
> or a limited-use collector's policy.
>
> Do I have any options?

Don't hit anything!
"Joshua Nelson" > wrote in message
om...
> Is there any company which will insure a car for agreed value and
> still let you use it as a daily driver?
>
> My situation is that I have a 20 year old jeep which has about $25,000
> worth of performance and off road modifications on it. It is my daily
> driver.
>
> In the event of a total loss, conventional comprehensive & collision
> coverage would only pay me the blue book value, which is near
> nothing. On the other hand, every collector's policy I've looked at
> has numerous restrictions which prevent me from using it as regular
> transportation.
>
> All I want is to be able to insure the agreed value of the vehicle so
> I don't lose thousands upon thousands of dollars if I wreck it. I
> want the same kind of comprehensive coverage I could get on a car if
> it were a new late model car off the dealer's lot.
>
> I understand and accept that I would have to pay a higher premium for
> this than insuring it for blue book value with traditional insurance,
> or a limited-use collector's policy.
>
> Do I have any options?

Get it appraised ,call your insurance person and ask for a Stated Value
Policy some will write it some will not being a highly modified off road
vehicle you may have a problem as those are both high risk .
Mike
"Joshua Nelson" > wrote in message
om...
> Is there any company which will insure a car for agreed value and
> still let you use it as a daily driver?
>
> My situation is that I have a 20 year old jeep which has about $25,000
> worth of performance and off road modifications on it. It is my daily
> driver.
>
> In the event of a total loss, conventional comprehensive & collision
> coverage would only pay me the blue book value, which is near
> nothing. On the other hand, every collector's policy I've looked at
> has numerous restrictions which prevent me from using it as regular
> transportation.
>
> All I want is to be able to insure the agreed value of the vehicle so
> I don't lose thousands upon thousands of dollars if I wreck it. I
> want the same kind of comprehensive coverage I could get on a car if
> it were a new late model car off the dealer's lot.
>
> I understand and accept that I would have to pay a higher premium for
> this than insuring it for blue book value with traditional insurance,
> or a limited-use collector's policy.
>
> Do I have any options?