Who insures your old cruiser?

Discussion in 'Chit-Chat' started by joey93turbo, Jul 27, 2005.

  1. joey93turbo

    joey93turbo

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    I'm shopping for insurance on my '75 FJ40 and it seems most large insurance companies don't write "stated value" policies. There's no way my cruiser is worth only $4,500 should something happen to it. The actual market value is closer to $7,000, and I'm planning on restoring it. Who do you guys go through to insure your cruisers for more than what NADA says it's worth?
     
  2. brian

    brian SILVER Star

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    4500? wow, erie says mine is worth an astounding 500(five hundred).
     
  3. hatman406080

    hatman406080

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    Today one guy offered me $7,000 for my stock '75 FJ40. I said, "Okay, but I have to ask my wife first." She said, "Sold! You have too many Cruisers". But I'm not going to sell it. :cheers: :beer: :popcorn: :banana:
     
  4. sisukid1975

    sisukid1975

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    Ask about a special policy for collectors.

    My dad had a car that was worth something like $15,000 according to NADA, but he had over 60,000 invested in mods, $7000 paint jobs, handbuilt blueprinted engines, flying a guy up from texas to hand paint the pinstripes....

    He had to get a special "collectors" policy to cover the car.

    Good thing he did, too. It was stolen off the back of a truck that was transporting it, was stripped for parts and burnt.

    Fred
     
  5. ar2stp48

    ar2stp48

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    Have the current one--1972--with state farm under an antique policy. When the '78 was totalled, Alstate paid $12 k; that was about 5 yrs ago and what I told them I would take to settle.
     
  6. mloudy

    mloudy

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    Erie at $14,000.
     
  7. Lito

    Lito

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    I'm in the same boat, actually shopping for insurance today. 1965 fj45lv with GM crate engine, new trans, transfer, axles, etc. I'm running into trouble because it looks like crap, but with all the new parts it appraised way higher than anyone would expect. Has anyone else considered historic vehicle or limited use etc. Vintage or Classic insurance companies? Any advice?
     
  8. beaufort-fj60

    beaufort-fj60

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    you have to be careful with the historic plates if you drive the 45 "daily"
    https://forum.ih8mud.com/showthread.php?t=49613&highlight=antique+plate
     
  9. mloudy

    mloudy

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    I ran into rejection with these. Too many mods they said.
     
  10. PolterGeist

    PolterGeist

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    Contact Lloyd's Of London. They'll insure anything if the price is right.

    Steve
     
  11. inacoma

    inacoma

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    I have mine with AAA. I have it insured as a "recreational vehicle" with stated value of I think 9k. It has full coverage too. all for well under 100.00 / 6 months.
     
  12. elum

    elum

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    gotta love it.. "so what do you think hun?". "yeah, but anyway this is what we're REALLY gonna do..." he he
     
  13. elum

    elum

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    Dude, that sucks. What kind of car was it if you don't mind? I had a car get stolen from my driveway within an hour and a half of parking it one night. Found the next day completely stripped. I seriously would put a hurt on one of them if I found them as I believe they "tailed" the car to my driveway as my wife was driving. Knock on wood but I'm getting another ITR in the near future.. not the replacement but the car after the replacement..
     
  14. Cruisin'Carolina

    Cruisin'Carolina

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    Try any number of insurers listed in Hemmings Motor News.

    But I insure everything through State Farm. Even my collector Mustangs over the years.

    As long as you have it appraised, or can back up your estimated value with fact using a variety of sources, you'll be fine.

    In other words, a co will fight you if they based your premium off of a $500 truck and then you claim $15000.

    Be upfront and honest. Some might not want to take the risk, others will.
     
  15. Tentsontop

    Tentsontop

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    State Farm

    State Farm: No old cruiser, but my semi restored 66 Scout Sportop is under a classic policy that only costs me $6/month. :D
     
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