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allTRACway
12-10-2011, 11:51 AM
I got on Hagerty collector car insurance website and saw with the Celica being a 1990 me being 22yo and only driving the car like 1500 miles a year the car valued at $10,000 with modifications and under restoration its only $742 a year! any one ever looked int getting collector insurance on their car or even insurance on the car to include any modifications done to it?

lalojamesliz
12-12-2011, 09:46 AM
That is nice to know :-) do you know if that insurance have the same kind of coverage as like allstate or any other big insurance company?

allTRACway
12-12-2011, 12:51 PM
i saw a comercial for it on youtube with some hot chicks around the car so it was good enough for me ha

no but really it looked like the coverage was the same if not better with no deductible which was nice and you could still change you coverage just like any other insurance company

Galcobar
12-12-2011, 01:02 PM
Usually carries major limitations on usage -- I'd qualify for collector in my province if it were not my daily driver.

Mafix
12-16-2011, 11:02 PM
there is another part. your vehicle has to be sent to/broght to an appraiser. after that it is worth whatever they say it is. not what you say. without that your celica is worth whatever they decide. FYI.

mine is only 250 a year and i have whats called a stated value policy with allstate. they have the appraisal and everything so i'm actually covered (except the clause that says "race track").

allTRACway
12-17-2011, 03:46 PM
Stated valuepolicy? hows that work/ do they cover the amount you say the car is worth?

Grot
12-17-2011, 07:54 PM
Kinda.

You have the car appraised, both parties settle on a value. and the car is insured for that value.

There is more to it than that, thats just the short of it.

93cc
12-17-2011, 11:25 PM
I have a stated value policy with Progressive, I didn't have to have my car appraised.

Mafix
12-18-2011, 02:41 AM
don't wreck it. then they get to say what they think it's worth.

appraisals are only like 25 bucks. just do it. has to be an approved appraiser.