Best insurance carrier for agreed upon value
#61
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
this ^^^ is a bit confusing to me. which is it currently? $722/yr or $361/yr? You said in your first post that it is "Agreed Value",... which would be excellent pricing IMO. But then in your second post you said $1,500/yr for GT3 "Stated Value" of $150k,.... which I did not think they allowed you to get a specific dollar amount value for your car under Stated Value. Stated Value is usually what they decide to look up in blue book & give you whatever they feel is fair at the time (in event of total loss).
I'm paying $1,200/yr for a Agreed Value of $130k with 500k limits & low deductible, and ZERO mileage restrictions. But I want my new Agreed Value to be more like $140k in this new market. Hagerty said no.
Burren, $137 / month = $1,644 / year,... for $140k Declared Value (which I believe means same as "Agreed" value). But that premium seems high. Maybe it is because you have such a high target mileage allowance?
.... seems like lots of variances between all our policies.
I'm paying $1,200/yr for a Agreed Value of $130k with 500k limits & low deductible, and ZERO mileage restrictions. But I want my new Agreed Value to be more like $140k in this new market. Hagerty said no.
Burren, $137 / month = $1,644 / year,... for $140k Declared Value (which I believe means same as "Agreed" value). But that premium seems high. Maybe it is because you have such a high target mileage allowance?
.... seems like lots of variances between all our policies.
Honestly, I'm not sure what the differences are on "declared" versus "stated" versus "agreed". Maybe I need to do some more research on my end and maybe there's a better deal to be had? 8Lug made an interesting point that I wasn't aware of. First "collector" car for me where the market price far exceeds the book price.
#63
Rennlist Member
#64
Rennlist Member