 74 2.0 Value per Insurance Co. |
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| AvalonFal |
 Jun 5 2013, 06:16 PM
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#1
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Member  Group: Members Posts: 483 Joined: 3-July 05 From: Southern New Jersey Coast Member No.: 4,367 Region Association: MidAtlantic Region  |
Just renewed the insurance on my '74 2.0 with Hagerty and the rep gave me the following valuations for the car:
Fair - $9,900 Good - $14,250 Excellent - $23,000 Concourse - $31,000 Sound a little high to me. Paul |
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| tomh |
Jun 5 2013, 06:17 PM
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#2
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Member Group: Members Posts: 322 Joined: 28-February 10 From: san jose Member No.: 11,412 Region Association: None |
QUOTE(AvalonFal @ Jun 5 2013, 05:16 PM)  Just renewed the insurance on my '74 2.0 with Hagerty and the rep gave me the following valuations for the car: Fair - $9,900 Good - $14,250 Excellent - $23,000 Concourse - $31,000 Sound a little high to me. Paul Im looking at real nice ones in the bayarea for under 10,000 |
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| steuspeed |
Jun 5 2013, 06:22 PM
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#3
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Senior Member Group: Members Posts: 1,006 Joined: 12-July 11 From: Portland, Oregon Member No.: 13,308 Region Association: Pacific Northwest |
That's great if they will give you that in replacement value. If they are jacking the value to jack your rates then (IMG:style_emoticons/default/ar15.gif)
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| rick 918-S |
Jun 5 2013, 06:28 PM
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#4
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Hey nice rack! -Celette Group: Members Posts: 20,443 Joined: 30-December 02 From: Now in Superior WI Member No.: 43 Region Association: Northstar Region 
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That looks fair considering they are likely basing the value on an average across the US. Sure you can fine cars in Cali likely cheaper than anyplace else but we're all not on the gold coast. Think about loosing your cherry car in a fire or a collision and you live in the rust belt. You have to look far and wide to get what you have and that costs money. If your lucky enough to fine a cherry car locally to replace yours you'll end up paying a premium as it was either extensively repaired, stored for it's life or imported from the coast at great expense.
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| ConeDodger |
Jun 5 2013, 06:40 PM
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Apex killer! Group: Members Posts: 23,580 Joined: 31-December 04 From: Tahoe Area Member No.: 3,380 Region Association: Northern California
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You can likely sell even higher in other parts of the world. Mine is insured for $30K
Reality... That is accurate. |
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| JawjaPorsche |
Jun 5 2013, 06:58 PM
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#6
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Advanced Member Group: Members Posts: 3,463 Joined: 23-July 11 From: Clayton, Georgia Member No.: 13,351 Region Association: South East States |
Damn, I got my 914 insured for $15K with Hagerty. I guess that is too low? (IMG:style_emoticons/default/blink.gif)
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| Tom_T |
Jun 6 2013, 11:11 AM
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#7
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TMI.... Group: Members Posts: 8,318 Joined: 19-March 09 From: Orange, CA Member No.: 10,181 Region Association: Southern California
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QUOTE(AvalonFal @ Jun 5 2013, 05:16 PM) Just renewed the insurance on my '74 2.0 with Hagerty and the rep gave me the following valuations for the car: Fair - $9,900 Good - $14,250 Excellent - $23,000 Concourse - $31,000 Sound a little high to me. Paul Pretty similar Paul, to what NADA says even using my SoCal zip code - but without the Concours category.... http://www.nadaguides.com/Classic-Cars/197...arga-2-0/Values Jawjaw - depending on condition of yours, you may want to call Hagerty back to bump it up .... it's only more in premiums, but last I checked with Hagerty's online calculator $20k was only $215/yr for their 3-5k/yr limited driving on Agreed Value. Cheers! (IMG:style_emoticons/default/beerchug.gif) TT /////// |
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| Mike D. |
Jun 6 2013, 11:24 AM
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#8
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OK, It runs now, and pretty good too! Group: Members Posts: 1,445 Joined: 3-January 03 From: Santa Clarita, Ca Member No.: 85 Region Association: None
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I have mine on a stated value contract with Hartford for $18k.
You don't wanted it under valued by your insurance no matter who you have. Rick Evans beautiful restored 2.0 was for sale here for $22K when he was hit by another driver, insurance gave $4000! after a lot of fighting... |
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