12-06-2013, 12:28 PM
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CC Member
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Join Date: Oct 2000
Location: Crystal Lake,
IL
Cobra Make, Engine: Everett-Morrison, 434 cid
Posts: 977
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Not Ranked
Quote:
Originally Posted by marklotus
What you want is an "Agreed Value" policy, You establish the value upfront and pay premiums based on that value. If you have a claim, there is no disputing the value since it was agreed to in advance. This a common method of insuring collector vehicles.
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You have to look at how they define "agreed value". Midwest Classic wouldn't "agree" to over market value no matter what I was willing to pay. |
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