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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><a name="_MailEndCompose"><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>The way I look at it is not what I could sell the car for, but what it would cost to actually replace it.<o:p></o:p></span></a></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>In the case of most of my collection <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoListParagraph style='margin-left:.75in;text-indent:-.25in;mso-list:l0 level1 lfo1'><![if !supportLists]><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><span style='mso-list:Ignore'>1.<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'> I would have to find a very, very good car<o:p></o:p></span></p><p class=MsoListParagraph style='margin-left:.75in;text-indent:-.25in;mso-list:l0 level1 lfo1'><![if !supportLists]><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><span style='mso-list:Ignore'>2.<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>It would more than likely need to be improved<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>I do all of my work myself, which keeps the investments relatively low, but when considering number 2 above, I consider the cost of having somebody else do it for me.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>Jonas Payne<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>PBR Consulting Services, LLC<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>702.882.6711<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'> Triumphs [mailto:triumphs-bounces@autox.team.net] <b>On Behalf Of </b>Geo Hahn<br><b>Sent:</b> Sunday, December 13, 2015 9:08 AM<br><b>To:</b> TeriAnn J. Wakeman <tjwakeman@gmail.com><br><b>Cc:</b> Triumph List <triumphs@autox.team.net><br><b>Subject:</b> Re: [TR] value for insurance proposes?<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal>As anyone who watches Antiques Roadshow knows -- there is a difference between what an item would sell for in a 'well advertised auction' and the value to be used 'for insurance purposes'..<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>I like to insure for what it would take to replace it and (as Randall notes) that would mean both buying a suitable example and then doing all the things that still need to be done.<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>To get to that number I take into consideration the info on the Hagerty Valuation Tool:<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal><a href="https://www.hagerty.com/apps/valuationtools/1960-Triumph-TR3A">https://www.hagerty.com/apps/valuationtools/1960-Triumph-TR3A</a><o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>Their numbers seem to me to be more insurance values than market place expectations. It's not an absolute answer but does provide some points for interpolation based on condition and other concerns.<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>Geo<o:p></o:p></p></div></div><div><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal>On Sun, Dec 13, 2015 at 9:48 AM, Randall <<a href="mailto:TR3driver@ca.rr.com" target="_blank">TR3driver@ca.rr.com</a>> wrote:<o:p></o:p></p><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><p class=MsoNormal>> If the car was in a fire, flood or whatever what would it<br>> cost to replace it? What should I insure it for?<br><br>Given the way prices have shot up recently, I'd say more like $30k minimum and $40k is probably more realistic. You still wouldn't<br>get an exact replacement, of course, so you're looking for enough money to buy something that is close and then modify to your<br>tastes.<br><br>Which reminds me, I should up mine, too. Just a minor "fender bender" in 2013 came close to exhausting my stated value. Literally<br>stopped at a stop light, and the pickup truck in front of me decided he had to back up!<br><span style='color:#888888'><br><span class=hoenzb>-- Randall</span></span><o:p></o:p></p><div><div><p class=MsoNormal><br><br>** <a href="mailto:triumphs@autox.team.net">triumphs@autox.team.net</a> **<br><br>Donate: <a href="http://www.team.net/donate.html" target="_blank">http://www.team.net/donate.html</a><br>Archive: <a href="http://www.team.net/archive" target="_blank">http://www.team.net/archive</a><br>Forums: <a href="http://www.team.net/forums" target="_blank">http://www.team.net/forums</a><br>Unsubscribe/Manage: <a href="http://autox.team.net/mailman/options/triumphs/ahwahneetr@gmail.com" target="_blank">http://autox.team.net/mailman/options/triumphs/ahwahneetr@gmail.com</a><o:p></o:p></p></div></div></blockquote></div><p class=MsoNormal><o:p> </o:p></p></div></div></body></html>