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03-30-2012, 12:03 AM | #1 |
Registered User
Join Date: Mar 2011
Location: kansas city, mo
Posts: 81
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insurance?!!!
Just wondering how much should i insure my 72 burb for. how do i put a value on something that is priceless to me? just curious. any advice lwet me know. not off the frame resto but mostly everthing redone.
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1972 Chevy Burb. C20 bagged up |
03-30-2012, 09:50 AM | #2 |
Restoration Virgin!
Join Date: Jan 2008
Location: Huntersville, NC
Posts: 8,298
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Re: insurance?!!!
if ya saved receipts, I'd start there....kinda hard to put a price on your labor too....what kind of insurance are you going for? Classic car thru Hagarty/ Grundy? or regular insurance thru Allstate, Geico, etc??
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Geoff with a G 1968 Chevy C10 SWB The Mistress 1972 Custom Deluxe C20 Suburban A Suburban Named Isabella 1966 Ford Mustang Mama's High School Graduation Present |
03-30-2012, 11:09 AM | #3 |
What?
Join Date: Jun 2007
Location: Southern California
Posts: 7,617
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Re: insurance?!!!
My current carrier "Nationwide" allows me to put a verbal value on my burb.
Now I am sure I was pretty conservative with my number, so I think if it got to be crazy they would want an independent appraiser to give a true appraised value. Best thing to do right now, is to ask your carrier what is the max they can insure it for and go from there.
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Chris 1968 K20 Suburban 1972 K10 LWB PU |
03-30-2012, 11:43 AM | #4 |
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Join Date: Jan 2012
Location: Waynesville, MO
Posts: 83
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Re: insurance?!!!
Have it appraised, and provide receipts. It'll cost some up front money for the appraisal, but will save you in the long run should the unspeakable happen... I made most of my money back on a bike that was totalled (still had all receipts as it was only on the street for 4 days after a complete rebuild) and lost my ass when my plow truck burned because I had nothing to show for proof.
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79-87 3/4T Plow Truck. Running Gear all 79, body is 84-87. Originally built by my Dad & Brother in late 90's early 00's. I bought the truck in summer of 11; dad & brother put new box sides on, and surprised me with a new paint job. Jan of 12 the float stuck in the carb and she burned... The truck is back in MI now and being re-built AGAIN by my Dad & Brother. http://67-72chevytrucks.com/gallery/...8633&protype=1 |
03-31-2012, 09:48 AM | #5 |
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Join Date: Nov 2005
Location: midwest
Posts: 211
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Re: insurance?!!!
I've got all my collector cars/trucks with Haggerty. You set the value and price is very........reasonable. If you have a claim they will pay. I've got 4 vehicles $20,000 to $60,000. $770 a year full coverage. Check it out!!!
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03-31-2012, 11:06 AM | #6 |
Registered User
Join Date: Mar 2011
Location: kansas city, mo
Posts: 81
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Re: insurance?!!!
i think i'm going woth Haggerty as well. they gave me a quote for about $40 a month! good deal! thanx for your input fellas!!
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1972 Chevy Burb. C20 bagged up |
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