I have mine insured with State Farm for a stated value. It was no hassle.
I simply took it in to my agent, he took a picture of the car and I set the
value I wanted it insured for. No restrictions, no problem.
I have had to make a couple of claims and have been happy with the treatment
both times. First time I hit a puddle of oil on a curve and slid into a
fire hydrant. I took it to the State Farm claim adjuster who looked at it
and just said to tell him how much it cost since he had no idea. I took it
to the shop of my choice had the work done getting fender and parts from
Rallye. State Farm paid the full bill. After getting the car back I found
that it was not driving straight and discovered hidden damage that the axle
was bent. Again State Farm paid promptly with no problems.
Second claim mice had made a nest in the convertible top over the winter and
ate holes in it. State Farm paid for a new top, but did deduct for
depreciation which was only fair. They even took my word for the age of the
top without having to produce a receipt.
Overall I have been very pleased with their service.
Graham
68 1600
----- Original Message -----
From: Ken Pearce <kpearce@engr.ukans.edu>
To: <datsun-roadsters@autox.team.net>
Sent: Monday, June 19, 2000 12:22 PM
Subject: Classic car insurance???
>
> I called my insurance agent to make sure that the policy on my 68-2000 had
> enough coverage considering the fact that I put a bunch of money in to it
> this winter (new engine). As I suspected, they said that the most they
> would reimburse on a total loss would be around $2900. I said that I
> would like to change the policy to a "stated value" policy and that I
> would be happy to show them receipts and pay the extra premium.
>
> They told me that they require an appraisal on the car by a licensed
> appraiser. Now, I'm definitely not in the mood to spend another $125-$200
> bucks for someone to tell me how much my roadster is worth. I know how
> much it's worth.
>
> So now I'm moving ALL my policies to another insurance company who said
> they had no problem looking at the car themselves and looking over my
> receipts and giving me a stated value policy.
>
> Who else has run into this and was an appraisal required? Can anyone
> recommend an insurance company who is in tune with classic cars (pun fully
> intended)?
>
> Thanks in advance,
>
> Ken Pearce, 68-2000
> Lawrence, KS (B.C. or bust starting tonight! Woo Hoo!)
>
> =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
>
> Ken Pearce
> Engineering Computing Services
> School of Engineering "The best time to take action
> University of Kansas toward a dream is yesterday;
> the worst is tomorrow; the
> kpearce@ukans.edu best compromise is today."
> www.engr.ukans.edu/~kpearce
> Alvah Simon
>
> =====================================================================
>
>
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