Never let anyone borrow your VX!!!

[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!