VCCA Home Forums GENERAL DISCUSSION General Discussions Antique Auto Insurance

Another thing to consider is the insurance company might at their option be able to pay less than the "agreed" upon value. Generally the value is the "fair market" value as determined by actual sales, auction sales or apprasials by recognized appraisers. If the policy exceeds that value then the insurance can claim possible fraud and refuse to pay any more. So read the policy carefully and understand what happens if the insurance company disagrees with the value. Also understand if you have the option of keeping the vehicle and taking the amount (or a lessor amount because of "salvage value") of the policy.

Fortunately because of the internet the actions of insurance companies are much more apt to pay attention to treating customers fairly. Caveat Emptor!

as i said it is a realy nice truck . it must be special to him he may have gotten his first kiss in it or it belong to his dad he is the type that does nothing to a vehicle and we know what it cost to have this done .the point i wanted to make was what rich said it does not cost much more to raise the value .

Oscar me to. Hagerty was easy.

In ALL fairness AAA {Cal.} is a great co, with outstanding services and wonderful people. I've had 3 claims in the past 12+ years. Always handled very promptly, politely and fairly. Daughter's car was stolen twice and I hit a lamp pole. And, No,
I will NOT tell you about my accident.

For me, Hagerty's was "No more than & No Less than" agreed upon Value {price}. Then each year I was with them, I increased the Agreed value a bit, to keep up with inflation. Only costs a couple of bucks to increase value a lot!!

Looking forward to seeing your truck & Sal's car. See you in May.
Michael41

Come on Mike.........tell us about the lamp post accident!!!

It can't be any worse than backing into a pile of stacked firewood. (Sorry everyone.....private joke)

(Hagerty paid to fix the fender, but not the firewood)

Ok. Ok. It is however worse than a pile of firewood.

About 2 years ago I was attempting to exit a parking lot on a HOT beach day. Now living at the beach for years I'm very use to the summer "scenery" or as my daughter calls it, "Eye Candy" that parades along the side walks scantily clad...

Any way, I was "distracted by the scenery" and BAM!! hit a lamp post in the parking lot, head on. $2600.00 worth of BAM!!

I didn't want to lie so I told the adjuster I did not see it, which was the truth.

However the biggest challenge, I was with someone......and she told me; Oh, you can fill in her comments.

So watch the drive way, not the "scenery"
Michael41

Wow Mike, what a Beach...Oscar

Wow.....different hazards in different parts of the country. Firewood in Vermont; Eye candy at the California beach.........how do the insurance companies keep up with it all