Never let anyone borrow your VX!!!

[Y33TREKker]

Huh... did you call Hagerty directly? I got the 928 insured through them as a "stated value exotic" but it was not valued over $40k. They used "Cars that Matter" as a pricing guide (what an obnoxious name!) to confirm what I wanted to insure it for - and I never had to have it appraised separately. They just confirmed that what I wanted it covered for was within the range of "Cars that Matter".

I'd suggest calling them directly and seeing what you can work out...

Good luck!

Probably a good idea, since it was my Pekin agent who was talking with them as I was in her office, and I suppose if it was a matter of her losing a policy, maybe she wasn't trying as hard as she could have?? She said that she was told it was also a matter of the VX being only 8 years old.

Did your 928 policy end up costing (much) more than a policy through a regular insurance company?

[circmand]

insured through them for stated value of $15000. They are not selling for that but would cost that much to get one and fix it up.

[kodiak]

Thanks everyone, I’m not sure why it wasn’t totaled. I’ve had offers in the past for as high as 15grand. The odometer had 90k on it but other then that my VX was perfect, not a scratch on it. It also seem like the insurance adjuster really wanted to save my VX. I think I was just lucky.

[VCrossfan]

Thanks everyone, I’m not sure why it wasn’t totaled. I’ve had offers in the past for as high as 15grand. The odometer had 90k on it but other then that my VX was perfect, not a scratch on it. It also seem like the insurance adjuster really wanted to save my VX. I think I was just lucky.

15k SOOOOOOLD!!! Then buy a VX for 6k. With 9k of mods and have a 0ne-of-a-kind VX...Glad there taking care of you ! !

[kodiak]

lol! Yeah, I just couldn’t do it.

15k SOOOOOOLD!!! Then buy a VX for 6k. With 9k of mods and have a 0ne-of-a-kind VX...Glad there taking care of you ! !

[workmeistr]

(Thread was already jacked long before I chimed in...)

Some stated value insurance providers put all kinds of constraints on yearly mileage and driving limitations, like you can't drive the vehicle daily to/from work.

I'm a USAA guy, myself, but I was tempted to do a Stated Value policy through State Farm that was the fairest on restrictions on my '98 Rover Mini. I later gave up, but I would be interested in knowing if anyone has a Stated Value policy on any car, that has lenient restrictions/conditions.

As far as the appraisal, State Farm was just going to let me print their appraisal form off of the internet and have it appraised by a local shop or Mini collector. 'They' can say anything and can be flexible when adding mods/$ value to the total appraised value, as well as calculating in rarity. State Farm was also asking for examples of similar vehicles for sale near, or close to what I was requesting stated value as. That's too easy with a number of VX's selling between $10K - $15K recently. I'm only looking to do about $12K stated value, and that's including the stereo.

I'm interested in doing a Stated Value policy on both my VX and '93 Range Rover, so hopefully someone can post positive experiences with such policies. Thanks in advance.

[circmand]

I will say they did require another vehicle with proof of insurance as a daily driver but I thought the 5000 miles a year was pretty good consider how often its not running./:bwgr:

[VehiGAZ]

(Thread was already jacked long before I chimed in...)

I would be interested in knowing if anyone has a Stated Value policy on any car, that has lenient restrictions/conditions.

As I mentioned in the original hijack, I have a stated-value policy with Hagerty for my 1989 928GT. Their "restrictions" (mileage, use, etc) were the most lenient, but are not actually written into the policy, but are used to calculate the premium. If you have to make a claim while you are out driving, who is to say if you were out for a sporting morning drive or on your way to work?!

My coverage limitations during track events are spelled out in exquisite detail in the policy, though!