What do you think it is worth? State Farm-

[69LM1]

Ummm, Geeee, Welllll. OK, to summerize:

1. Check with SF and see what they pay out in the event of an actual claim. I do not have antique plates on the car and it is listed as a daily driver (although it is not) so I can drive it anytime I want. That is why I did not go with the SF antique insurance.
2. As per some advice here, have the car "appraised" and submit that to State Farm.
3. If switching to haggerty et al, check on payout in case of personal injury.

So, State Farm will pay in case of a catastrophic injury accident, but will screw you on what the car is worth. "Antique" insurance will pay for the car, but may not take as much care with regards to personal injury (remember, I live in New Orleans where they had to install camera's into the buses due to the fact that when one got into a wreck, more people would show up injured at the hospitals than could fit on a single bus).

So, I guess like everything else, you get screwed coming and going.

Makes those guys many years ago look good with that tea party thing, only we need to do it with Doctors, Lawyers and Insurance Companies!

[Unreal]

When my policy comes due, I'm going to chek nout MK.

However, with Hagerty, you can get liability equal to your other car limits- you just need to show them your other policy. Also there is no limit to miles, or where you drive, or where you park. They only require that you have at least one car for every driver in the household, and that you store it in a garage attached to your primary residence. No sheds, storage garages, etc.

[Mark_C]

No matter who you get insurance from do NOT get a Stated Value policy. In insurance lingo Stated value is the maximum amount that will be paid in the event of a total loss. It is subject to depreciation and adjustments based on other cars sold in the area. In the Insurance Co.s eyes there is no difference in value between a 327/210HP base Camaro and a 427 COPO Camaro. They are both 12437 series Camaros. an they will whip out the local sale paper find a bunch of 5K camaros for sale and offer you that amount of money, end of story.

You must have an Agreed Value policy, and the policy must state this in writing. Otherwise you are at the mercy of the Insurance Company. Not many of the larger companies, like State Farm, Liberty Mutual, Commerce, etc offer "AGREED VALUE" policies. They will offer you "stated value" policies where you essentially pay higher premiums for the same amount of insurance you would have had if you just walked in off the street and wanted regular insurance. The Liability, uninsured, underinsured driver portions of your insurance are extra and have nothing to do with stated, agreed or normal insurance since that part is basically collision and comprehensive coverages.

Check your policies.