C5 Agreed Value Insurance?
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Racer
Joined: Feb 2004
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From: St. Paul MN
C5 Agreed Value Insurance?
Anyone carry an "Agreed Value" insurance policy on their stock C5? I checked with a few places, and they seem to cover classics and "exotics" as long as they are driven less than 2500 miles a year.
I'm a fair weather driver, but managed about 7000 miles this year. I'd suffer a significant loss with Blue Book payout if I get totaled. I do expect this Vette to be driven, so I'll never hit 2500 miles a year.
Any comments or recommendations? Thanks.
Todd K
I'm a fair weather driver, but managed about 7000 miles this year. I'd suffer a significant loss with Blue Book payout if I get totaled. I do expect this Vette to be driven, so I'll never hit 2500 miles a year.
Any comments or recommendations? Thanks.
Todd K
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Never checked into this type of insurance. Hopefully someone has and can post the pros/cons of it plus a potential price.
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I have it through Americanhobbyist.com but they do not insure stock cars and the limitation is up to you. 2k, 5k, 7k a year.
Not bad at $720 a year for an agreed value of $82kMine is set up at 5k
must be on your property in a gargage and a few other stipulations
Not bad at $720 a year for an agreed value of $82kMine is set up at 5k
must be on your property in a gargage and a few other stipulations
Last edited by iceburgh; Dec 28, 2004 at 08:25 PM.
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Originally Posted by iceburgh
I have it through American Hobbist but they do not insure stock cars and the limitation is up to you. 2k, 5k, 7k a year.
Not bad at $720 a year for an agreed value of $82k
Not bad at $720 a year for an agreed value of $82k
