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Old 05-23-2006, 01:09 PM   #1
PLavelle
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Join Date: May 2004
Location: Lakeville, MA
Posts: 154
Need help with insurance application - restoration costs

I'm applying for Hagerty collector car insurance. Since I have a modified engine in the truck, the application asks for the breakdown of all costs associated with the truck. My problem is that I bought the truck restored, so I'm not sure how I should allocate $13,000 over the following categories.

Body
Parts Cost:
Labor Cost:
Paint / Detailing
Parts Cost:
Labor Cost:
Frame / Chassis
Parts Cost:
Labor Cost:
Interior
Parts Cost:
Labor Cost:
Stereo and Electronic Equipment
Parts Cost: $600
Labor Cost: $100
Thanks for the help!
Pete
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1967 Chevy C10 Stepside - Vortech supercharged - Currently for sale
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Old 05-23-2006, 06:45 PM   #2
ChairmanKaga
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Location: Louisville, KY
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Re: Need help with insurance application - restoration costs

Perhaps you should call Hagerty and state the situtation to one of the underwriters or whoever you can get to speak to you. They are probably well-versed on the issue and may wave a magic wand over it and solve your problem.

cheers!
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Old 05-23-2006, 08:48 PM   #3
mbgmike
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Location: Pasadena,Tx /Pto Pta DR
Posts: 5,415
Re: Need help with insurance application - restoration costs

My son took his 55 bel-air to an appraisor. The insurance company required it It was mine and after the years i forgot how much I had in it and then he put another $20,000 grand into it. They may not dispute an appraisor
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