Auto appraisal for insurance coverage

[BlueSunoco]

Originally Posted by Ralph Moore

What about insuring an A-V8? My is not OEM by any means , but lots of $$$ to replace. Not counting the thousand free labor hours.

We had a '37 PU once that looked stock but had a Ford 302 V-8. I had Country Companies at the time. They insured the truck all was well until one day the agent wanted a picture of the engine compartment. After I sent it in, they dropped me like a used Kleenex told me to go somewhere else

[Ralph Moore]

I guess you have to get all in writing from the insurance company, what they will and will not cover.
Anyone out there have a Hot Rod insured?

[PeterC]

Originally Posted by Ralph Moore

I guess you have to get all in writing from the insurance company, what they will and will not cover.
Anyone out there have a Hot Rod insured?

My Ford 35 3 Window is considered "modified" ( read "Hot Rod") because of the high horse S.C.o.T blown flathead and some other subtle changes - I have it insured with agreed value - I read the policy from cover to cover and very comfortable with the coverage.

[tubman]

Originally Posted by fordor41

some ins. co's want an appraisal if the valve is over $20K

I have a restored '67 Corvette with a small block. As I said before, I have my cars insured with Condon and Skelly, who I hear are very good. (I have had no claims, but have talked to some people who have that are very happy.) I have been with them for over 25 years. Anyway, this last go round I decided to finally insure the Corvette for what I thought it was really worth. I used the car valuation link on their site and it gave me a low value of 65K and a high value of 122.5K(!!??). This for a small block car! I called them and asked them to raise it from 25K to 65k (I am a realist). No additional photos, no appraisal, no stupid increase in rates, and no problem. I was amazed. I think that if you've been with a quality company long enough, they take you at your word and let you insure it for anything you want just for the increased premium (actuarial justification).

I also know of an egotist with a 15 year old Prowler that wanted it insured for 35k (these are 20K cars, max). As long as he paid the premium, they were OK with it. As a final note, I am amazed at how low the rates for antique cars are for agreed values policies from major companies.

[fordman]

What company do you recommend to insure a collector car; I have a 1940 ford in Texas?

thanks,

fordman

[tubman]

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You should just read through the thread again. In my opinion, all the good ones are mentioned a couple of times each. Some may not be available in your area.

[Kahuna]

Like PeterC, I have a modified car (hot rod). Only question I was specifically asked was about the engine. Was it still flathead powered? Yes was my response. No problem. I did provide several pictures
Had it been some other late model OHV engine, I think their (Ins Co.) answer would have been different.
My insurance is thru Grundy. Good company, good rates

Interesting question re the AV8
I have no idea what Ins Co would want/require