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Royal Ryser · 09-10-2016, 06:25 PM

When I bought my car (36tudor) from MI, I had State Farm add a policy for it before it left the previous owner's location. During delivery, the hood blew off, of course damaging it. State Farm paid the claim without any problem.
I had it insured for $11000. Since then I have been slowly restoring it. It will be on the road soon. I recently asked State Farm to increase the value to $20000. They refused, said I had to get an appraisal. That is reasonable, but in the meantime, if the car burned up, I'd be out several thousand dollars.
My policy does not restrict the number of miles I drive.
Mixed bag I guess.

09-10-2016, 06:25 PM	#12
Royal Ryser Senior Member Join Date: May 2010 Location: Colorado Posts: 553	Re: Another insurance question When I bought my car (36tudor) from MI, I had State Farm add a policy for it before it left the previous owner's location. During delivery, the hood blew off, of course damaging it. State Farm paid the claim without any problem. I had it insured for $11000. Since then I have been slowly restoring it. It will be on the road soon. I recently asked State Farm to increase the value to $20000. They refused, said I had to get an appraisal. That is reasonable, but in the meantime, if the car burned up, I'd be out several thousand dollars. My policy does not restrict the number of miles I drive. Mixed bag I guess.