[DML] Re: Insurange to cover total car cost?
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[DML] Re: Insurange to cover total car cost?
- From: "jtrealtywebspannet" <jtrealty@xxxxxxxxxxxxx>
- Date: Wed, 25 Aug 2010 15:21:13 -0000
Companies like Nationwide are not the best place to go for coverage of a "Classic" vehicle. Get quotes from at least several companies that specialize in this kind of insurance. A couple of them are:
Hagerty
Taylor
Condon & Skelly
Grundy
just to name a few. Each company will have slightly different requirements and limitations. Things also vary depending on what State you live in.
David Teitelbaum
--- In dmcnews@xxxxxxxxxxxxxxx, "daviddelorean" <daviddelorean@...> wrote:
>
> I talked to Nationwide agent today. He said there are 2 types of coverage I can get...
>
> 1. Classic Vehicle - requires an appraisal and was dirt cheap. But I could only drive 2,500 miles/yr and not modify the car. And the car has to be registered with the DMV "classic vehicle" plate.
>
> 2. Stated Value - that is when I tell them what I want for the car if it's a total loss. No requirements and no appraisal but it added $200/yr to my premium, which are already rediculously high.
>
> As far as liability coverage I carry $2,000,000 just to be safe.
>
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