[motordean]

Originally Posted by Cashburn

Give Mike Smith a shout at Northeast Classic Car Insurance - Classic Auto Insurance

Will do - thanks.

Originally Posted by 427 ISH

I have a declared value. I agree, leaving to "Replacement" value, based on the market will get me another Cobra - However, it will not be "My Cobra". I know where every wire and nut is on mine. If totaled, I will want that same value. I am paying a bit more for the overstated value (versus market value), but I will want to build another if total loss occurs, not buy one.

That's what I'm talking about!

Originally Posted by kevins2

I'm not an insurance expert by any means, but I don't believe these cars follow the same depreciation rules as a "normal" car. The market is certainly a factor, but it is more likely that your Cobra replica will be worth close to its original value over time (or even more, possibly) than your daily driver would...or even a Mercedes.

Agreed 100%

Thanks everyone for your feedback!