[DML] Value to insure the car for?

["iguanajade" <delorean@xxxxxxxxx>]

I have always used Grundy worldwide to insure my car for an agreed "replacement value".   Over the past nine years, I have upped the value slightly as I made improvements to my car (from the original purchase condition) and the prices have crept up.   Currently I have the agreed replacement valude set to $30K

Now I am wondering if I should raise the agreed value to somewhere in the area of $50-60K?   It seems almost crazy to me, but let me site the reasons why.

- Barret Jackson cars have been selling well into the $50K price range.   These cars (from what I have seen) are similar in condition to my car
- DMCH is selling their refurbished cars starting in the mid $50K range and higher (pending accessories)

So, Is it crazy for me to go up to a value of $50K?   Assuming the prices above become standards and in the next couple of years continue to rise?  

Kevin Abato
Vin# 16680
www.grenexmedia.com




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