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-   -   $125K stated value insurance? (https://www.yenko.net/forum/showthread.php?t=80993)

GRB 04-19-2005 02:42 AM

$125K stated value insurance?
 
$2,200 a year for full coverage on the 02 ZL1. Does that sound about right or should I keep shopping?

Chevy454 04-19-2005 02:52 AM

Re: $125K stated value insurance?
 
Have you tried our sponsor, MK Insurance? From what I've found, they're hard to beat on the specialty stuff...<p align="center">
<a href="https://www.yenko.net/mk_insurance.htm">
https://www.yenko.net/ubbthreads/images/mki.JPG
</a>
</p>

12bolt 04-19-2005 04:25 AM

Re: $125K stated value insurance?
 
Try MK. also How is your Driving record and your age?? They play big into Price determination.

SSJunkie68-69 04-19-2005 07:40 PM

Re: $125K stated value insurance?
 
GRB, Try MK. I just signed up with them and they beat "the other" guys by a considerable amount, provided that the things 12Bolt pointed out are OK.


MK https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

GRB 04-20-2005 06:44 AM

Re: $125K stated value insurance?
 
I'll try 'em. Driving record perfect. Age approaching final destination. Just seems $200-$300 every time you crank a car is a little high. But then again, the music from open headers, 427 C5R, C5R race heads, .750+ lift solid roller just might be worth it! https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

J_D 04-21-2005 08:52 AM

Re: $125K stated value insurance?
 
I have my '02 ZL1 Phase II insured with Tami. https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

Belair62 05-09-2005 06:14 AM

Re: $125K stated value insurance?
 
[ QUOTE ]
Age approaching final destination

[/ QUOTE ]

https://www.yenko.net/ubbthreads/imag...lins/crazy.gif https://www.yenko.net/ubbthreads/imag...lins/crazy.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif

JRSully 05-10-2005 04:35 AM

Re: $125K stated value insurance?
 
The later year musclecars, ie: Porsche 911 turbos, late model Vettes and Camaros/T/A's are usually rated in a different rate category, not in the traditional " antigue" category, the base rate of course is usually somewhat higher then say a 69 Camaro simply because it is classified different. Your agent should be able to show you the different rates for the various categories.

tjs44 05-19-2005 05:30 PM

Re: $125K stated value insurance?
 
FWIW,I have been told to always get "agreed" value insurance,NOT stated value.Would really like to know why.Tom

tami perto 05-19-2005 08:02 PM

Re: $125K stated value insurance?
 
Agreed value is a guarantees the $125,000 will be paid to you in a total loss situation. Stated value does not, it is just a way to establish a rate to charge you the premium, yet the value is not determined until after the total loss occurs and the insurance company can pay you what they determine the value is. This is when you will end up short due to depreciation. Thanks, give me a call if you wish to disucss further or need a collector auto ins quote (1-866-695-2774)


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