Appraisal for insurance

[michaelharrisco]

We recently moved all our insurance off of State Farm.

When I moved the FJ it was an interesting topic of conversation. They by default set it up as not fully covered and when I asked what the price difference was per year to make if fully covered the quoted $100 per year so it sounds like a no brainier.

I threw out $7k as value (no clue how accurate that is) and they said to insure it for that they would need an appraisal. I have a lot of trust in this new broker I'm working with so don't really think this is BS, just not sure how to proceed.

Has anyone else been through this?

How do I go about getting an appraisal? That whole process should be interesting.

Can anyone point me in the right direction?

 

[Roxx]

I have a collectors insurance. I dont drive it that much and it is insured for 15k. I dont have miles limitation. The premium is 120 for the year. Vs 400 for my regular insurance.

 

[45Kevin]

In my city there are several collecter car appraisers. Any vintage car club will direct you if you can't find one in the yellow pages/interweb.

He/she will look the truck over, take pictures, make notes and then research similar vehicles for sale.

I had one done several years ago and it cost me $125.

I have done a lot of work on the truck since, so I will probably have it re-done this summer.

 

[GLTHFJ60]

It'd be a good idea to get an appraiser for my truck as well. NC state taxes this round valued my truck at $1500!! That's a laugh.

Mike, make sure to post up who you find!

 

[Michael Hanson]

Roxx who are you with? Mike

 

[Roxx]

Philadelphia insurance company.


My broker is darrin ranking in huntersville. Rankin insurance group. I have used him for years and he handels everything for me. 704-896-93 nine three. I hope this helps

Rafael

 

[rw74228]

I work for an agency as a sub agent for 7-10 auto insurance companies and personally, I would try to go through a specialty insurer or agency like Rafael said above (we refer our customers to haggartys). No big name insurance company will be able to offer "true" collector car insurance with adequate replacement cost on your car. The apprasial will just be able to give them an idea of what they should spend if something were to happen to your car and use the actual cash value to replace it with the cheapest aftermarket parts or cut you a check for a very small amount to get it done yourself.

 

[michaelharrisco]

Picking back up on old tread.

I ended up finally getting an appraisal done. I used nc auto appraisal
http://ncautoappraisal.com

Came in a bit high IMO, but is what I need for insurance b/c I don't want to use classic car insurance for multiple reasons.

 

[krzyabncanuck]

I have Parish Heathcock for my 45 insurance. They have been great. Helps i had pictures of the whole refurb process.