Hagertys has insured my BJ8 for $75,000 IRRC.
yes i needed an appraisal. i got a letter from the restoration shop
and no issues.
i think we have the E FHC at $125,000 the cost to replace it.
ron rader
***************************************************
On Dec 25, 2007 1:46 PM, <gardner5@comcast.net> wrote:
> I just spent $21K in painting a healey, granted I went to the painter with
>the best reputation in the region who specializes in classic restorations, the
>point is, with the kind of damage evident in the photo, $12K won't go far. As
>far a Hagerty goes, with me the jury is out since I've had an extremely hard
>time establishing an agreed value for my Healey. My restoration is nearing
>completion, so I'm going to have a professional appraisal done to submit to
>Hagerty. Basically at this time, I've just crossed into six figures in
>receipts for the restoration (Factory 100M), but Hagerty feels that $60K is a
>fair value. From what the rep. assigned to my account has said, this is based
>on the value of a restored BN2; the fact that it is a Factory 100M is lost on
>them...so good luck. It will be interesting for us all to see how this plays
>out. My own plans are to drive my car so others can get the enjoyment of
>seeing it on the road, etc., but if you can't get adequate coverage..
_______________________________________________
Support Team.Net http://www.team.net/donate.html
Healeys@autox.team.net
http://autox.team.net/mailman/listinfo/healeys
http://www.team.net/archive
|