- Thread starter
- #26
GregoryRyan
Supporting Member
- 167
- 113
- Jul 22, 2013
-
Millstadt,
Illinois
In your case I'd take what you think you could sell it for in today's market plus your parts/labor and then add maybe another $5k or so. When playing with the numbers on Hagerty my quote changed less than $400/year between $15k guaranteed value and $25k. If you're going to swallow $1k+/year on insurance you might as well cover your ass in the event something actually happens.
I reached out to my provider and I am going to get some ranges in cost for different values of stated value coverage. With our cars ranging so much in value its hard to determine what the car is "worth".The more the stated value, the more the premium (monthly payment). You can insure your car for anything you pay for