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INSURANCE VALUE FOR YOUR TC??


Guest wpoll

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Guest wpoll

OK all, here's a good one for ya!! When you all went to insure your TC, what did the insurance agent tell you they valued your car at?? Mine told me $1,200, and I'm paying $900 per year for the policy!!!Which means, that if I get into an accident with the TC, and incur 50% damage ($600), they total the car, paying me $1,200!! Wait, it gets better; they told me the reason for the high rate (my 2002 Toyota Camry is $600 per year), is because Massachusetts Insurance Board sets the rates (regulated state) for convertibles as high-risk autos, (whatever that means)!! So, in order to NOT lose the TC to a fender-bender, which is very possible, I have to get the car appraised by a professional auto appraiser, and insure as a collector's car...o.k. So, I'm really curious to hear what all my fellow TC owners have experienced in the free world (whereas Massachusetts is a socialist state)hahahah TGIF!!!! By the way, check out the pics of the TC, it's getting better!!!

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Guest Jeffn

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: wild bill</div><div class="ubbcode-body">I have state farm. </div></div>

Ha, you reminded me of an old joke where and elderly couple is at their Dr's enquiring about their sexuality and the Doc sez, " do you have mutual orgasm?' And he sez back, 'Nah, State Farm.'

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Unfortunatly jerryj, they are cracking down on no front plates in Los Angeles county. I live in the next county over, the "OC" Orange County, but I end up driving in LA area and have been warned one time so far. Didn't get a ticket that time but I think they are not giving warnings anymore over it...

Wpoll, what no engine pic??? ;-)

Alan

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I have Geico and a 91 Jeep. I was in an accident with it, which "totaled" the vehicle according to the insurance estimate. They said the damage was $3200 I believe and tried to tell me the vehicle was worth $1800. I asked them how they came to that number and they said it is "fair market value". At which point I laughed in the adjuster's face and DARED him to find one for less than $3000 ANYWHERE. I had already done the research and could not find a 90-92 Jeep withi 500 miles for less than $2900 and it had 250,000+ miles on it. So, they paid me my money based on $3000 replacement value.

My point is, find out what each insurance company bases their payouts on; Blue book (joke) or Fair Market, and then show them that $3-4000 is a more reasonable replacement value than $1200. Defy them to find a replacement for $1200 in comparable condition. Put it on THEM to show you it is only worth $1200.00.

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Guest Hondo

Try Hagerty.com,they want 4 exterior pics and 1 interior shot,you can upload them for documentation.

3 free flatbed service pu's,5k value coverage for $183.

Instant quote on line or you can call,unlimited mileage, they email your cards and you're cruising.

Good luck!

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Guest Hondo

Been with them 3 years and no probs, if you like I'll provide my info in a private message so you can use it as a reference.

If you go online try under exotic and it comes up,lucky us!

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