Valuation for Track Insurance
#1
Valuation for Track Insurance
Unfortunately my wife has to take the 964 back to the track, again. I am trying to value it for track insurance and spoke to Lockton about how they value the cars and they mentioned KBB and Edmunds.
The car is a 93 C2 manual with 102xxx miles which she has owned since about 2004. It is driven, but fully maintained and I call it mechanically and cosmetically at least 8.5/10 (but we don't plan to sell, so who cares what others think).
I looked at the 964 prices sticky and am thinking $30-35K value for track insurance, but want to make sure that I will not have a tough time supporting that value if something happens.
Is that reasonable value? Any other ideas for valuation?
Thanks
The car is a 93 C2 manual with 102xxx miles which she has owned since about 2004. It is driven, but fully maintained and I call it mechanically and cosmetically at least 8.5/10 (but we don't plan to sell, so who cares what others think).
I looked at the 964 prices sticky and am thinking $30-35K value for track insurance, but want to make sure that I will not have a tough time supporting that value if something happens.
Is that reasonable value? Any other ideas for valuation?
Thanks
Last edited by Nader Fotouhi; 06-17-2015 at 11:52 AM. Reason: corrections
#6
Long time, no see. Hope all is well.
I declared the value at $35K when I signed up. Hopefully we do not have to make a claim and the track car will be fixed before the next event.