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#520912 - 07/02/08 08:49 PM
Insurance question
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Member
Registered: 01/10/05
Posts: 49
Loc: Minnesota
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Hello, I am about to purchase a 91 coupe. I feel, and I know I am paying, more for it then what any book says it is worth,. I think insurance companies pay you, if it is damaged badly, no more then the blue book, or whatever book they use, states it is worth. Any advise on how one can protect his investment? Thank You!
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#520914 - 07/02/08 09:10 PM
Re: Insurance question
[Re: snowdrift]
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Long Time Member
Registered: 10/28/04
Posts: 4961
Loc: Dimondale, MI
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True. Speak to an agent, or your agent, about insurance with an agreed upon value.
_________________________
Philip Croff
'89 coupe
'90 white coupe (brother's, reconstruction complete, back on the road)
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#520928 - 07/02/08 09:55 PM
Re: Insurance question
[Re: snowdrift]
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Member
Registered: 08/31/02
Posts: 579
Loc: Wichita, Kansas
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I would think that the question that needs to be answered first is how the car will be used, If it is a daily driver then there is really no way that you can get an agreed value policy, on the other hand if the car is used for shows and pleasure use then you might want to look at an agreed value policy from a classic car company. There are several good companys around. I have found Grundy to be the easiest to insure a newer car like the Reatta.
_________________________
1989 SAPPHIRE BLUE FIREMIST REATTA (gone but not forgotten) 1990 RED CONVERTIBLE 62000 MILES AKA (T_MADER) 1986 Fiero GT 72000 Miles 1984 Riviera Convertible 54000 miles(no name yet) bca 39318 rdiv 642 ROA 11963 www.MulvaneMarauders.comNO BODY GETS IN TO SEE THE WIZARD NOT NOBODY NOT NO HOW
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