Insurance question

['69Novajoe]

<span style="color: #3366FF"><span style="font-weight: bold">My question is, what amount should I have for the guaranteed value on my car? I am insured with Hagerty and we &quot;agree&quot; on a value that will be paid if my car is ever totaled. Right now it's at $22,000. I'm thinking maybe $30,000? I might even have to have it appraised to get it that high. Any suggestions??
Joe</span></span>

[ORIGLS6]

Not really a suggestion, but more of a personal opinion. Knowing your car and the history I think you're under-insured ........... by quite a bit!

[Xplantdad]

Agreed....Joe, I would go twice that amount...you ARE the original owner after all! <<GRAEMLIN_URL>>/smile.gif

[x Baldwin Motion]

Going to agree with the above. Get the high dollar appraisal and insurance company that will agree to that dollar amount, no questions asked, no circumstantial small print deductibles.

[BlueSS454]

I would go get an appraisal anyway and make sure you get a guy to do it that knows muscle cars and one who's appraisal can/will stand up in court if need be. I had one done for my Chevelle a couple years ago for this reason.

[JRSully]

Simply call your carrier/agent and let them know the value you are looking to insure for. Normally, the first thing they do is check their database to see if they have any of that vehicle at that value requested. Even if you have an appraisal, they still may not go as high as you want them to. I have a client that has a very rare 67 L79 Nova (1 of 6) restored with ONLY NOS parts over a very long period of time, wanted a value of $160k on the car. Every carrier turned him down even with the mountain of paperwork, appraisals etc. I was able to get it done simply due to the fact that I do a lot of business with one particular company and they agreed to take it @ 160k because of the relationship and past history. This is where your agent helps you immensely.