Re: insurance

[Dan McCormack <mcwheels@xxxxxxxxxxxxxx>]

Yes you must make sure your policy is for "AGREED VALUE"  and NOT "STATED 
VALUE".


----- Original Message ----- 
From: "Gary H." <spigot2039@xxxxxxxxxxx>
To: <1962to1965mopars@xxxxxxxxxx>
Sent: Tuesday, December 22, 2009 11:00 PM
Subject: RE: insurance


> Sounds like the Tempest had an "actual cash value" policy?
>
> See the bottom of this page: 
> http://1962to1965mopar.ornocar.com/reference.html
>
> Thanks,
> Gary H.
>
>
>
> -----Original Message-----
>
> > My car is insured with State Farm along with my others. It is classed as
> > a classic and has the limitation that it's not for driving to work on a
> > regular basis. No problem there as I don't work :-) It only costs me
> > $120 a year and the coverage is basically the same as the others. The
> > agreed value was $5000 but I doubt I'd ever get it out of them as my
> > step-son had his rat rod '64 Tempest totalled by a guy who ran a red
> > light and he only got $1500 although the engine/trans was worth about
> > $8000. I can get it appraised and get a more reasonable and hopefully
> > enforceable value set up. I'm just an excellent procrastinator.
> >
> > Rich Kinsley '64 Dodge Polara 4dr 318poly w/goodies


----
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