Re: [DML] Agreed Value

[Rod Dillman <rhdillman@xxxxxxxxx>]

I just switched from Hagerty to State Farm. I bundled all my insurance( homeow
ner's, umbrella, auto, antique autos, etc.) with one carrier and saved $700 per year over what I was paying to three companies before. I provided State Farm with an apprasial and insured 10921 for $42,500.  Rod
--- On Fri, 5/14/10, Aaron Crocco <acrccocco@xxxxxxxxx> wrote:


From: Aaron Crocco <acrocco@xxxxxxxxx>
Subject: [DML] Agreed Value
To: "DML" <dmcnews@xxxxxxxxxxxxxxx>
Date: Friday, May 14, 2010, 7:21 PM


  



During the past DMA Spring Social, insurance came up in conversation and a few people talked about Agreed Value for their DMC. I was going through my paperwork tonight and being that I have JC Taylor, my value is agreed but I'm thinking it may be time to up the value. Right now I'm agreed for $21k and $30k seems more in-line with the value of the cars these days.

My question is what are people using as their agreed value these days for their classic policies? Do the companies just take the value or do they question it? I've never done this, so I'd like to know what I'm in for, if anything.

Thanks!

-Aaron Crocco
VIN 5591
NY Plate: OUTATYM








      

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