[DML] Re: Insurance, stated value, daily drivers

["John Macias" <jdm5@xxxxxxxxxxx>]

Marv,
How did you obtain an appraisal? In my case, State Farm just asked me 
the value of the vehicle, took some pictures, then sent my 
application to underwriting. It took a few days, but I got coverage 
for the value I requested.

John
#7009

--- In dmcnews@xxxxxxxxxxxxxxx, "Marv Hein" <marvhein@xxxx> wrote:
>
> I have stated value coverage through Allstate.  I had to provide an 
> appraisal in support of the statement.  
> 
> It's in my best interest to keep the appraisal and the stated value 
> up-to-date so I can replace my car if it is totaled in some way. I 
> plan to do this about once a year.
> 
> Marv
> #10820
> 
> 
> --- In dmcnews@xxxxxxxxxxxxxxx, Ryan Wright <ryanpwright@xxxx> 
wrote:
> >
> > With the recent discussions on insurance, I thought I'd ask:
> > 
> > Does anyone offer stated value coverage on DeLoreans that are 
used 
> as
> > daily drivers?
> > 
> > Thus far, I have had no luck finding such coverage. I called 
> virtually
> > every insurance company in my yellow pages, including several
> > "brokers" that deal with dozens of companies. None would insure a
> > DeLorean at stated value. The collector car companies won't touch
> > daily drivers.
> > 
> > So far I've been "risking it" with State Farm - they don't offer
> > stated value coverage. It's funny how you can pay top dollar for
> > insurance and still have no guarantees of being able to replace 
the
> > car in the event of an accident. I figure, in the event of an
> > accident, I'll have to sue them to get a fair settlement. I'd be 
> much
> > happier if I had stated value coverage.
> > 
> > --
> > - Ryan
> > http://www.memfrag.com - Store your bookmarks. On every computer.
> >
>








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