Jay Laifman
Donation Time
When I first purchased my ser ll , stock, worn out, at 4300 US I took it to state farm insurance, they told me to double my price for insurane purposes. So I setteled at 9500 US. After about 8 years and almost 8000 US invested,, I had a very highly qualified person check it out and said to insure it for @22,000US. Get it back for sale no way, but glad to have it and have up graded to more than just a show car to a real runner. What is a car worth? Who knows.
My 2.875p
Chuck and The Pumpkin
You have to be careful what you got here. There is normal insurance, "stated value" and "agreed value." With normal insurance, they will only pay you what the market value (read: what they say it is). With "agreed value" they set the premiums and pay you based on that agreed value - i.e., they AGREE to the value. But, on "stated value" all that happens is that you STATE the value but they have not "agreed" to it. So, if you make a claim, they still have the ability to argue that market value is different than what you stated. So, be careful in what you think you have versus what you really have.