O/T good insurance for a daily driver?

I was wondering what some of you guys with your Old DD cars did for insurance. for the time being I am covered with geico, but I know that the "Book" value that they quote is in the neighborhood of $800, if the car gets stolen/totaled. I would like something that would insure the car for an agreed value or possibly an appraised value. Any Ideas?



I think this is worth more than $800

 

If you have shop(s) that do custom or resto autobody work, start by getting a couple of appraisals from registered business owning (in your state) car sales "specialists".
Later on, include a couple of glamour shots like the one above. Then you have a basis for setting an insured-value, for an insurance agent to consider or submit. I've not used a specialty or boutique insurer, as my local guy was able to set up a decent policy. Remember that the # of months you drive the car may figure into the equation!

 

I use "Collector Car Insurance" because my 38 is insured to an exact amount. But you can't drive it everyday. My policy has mileage limits. I'm on a 5,000 mile per year plan.

It might be tough to insure your Lincoln as a daily driver. I have coverage on the late-models with State Farm, and they won't insure any old vehicle that has been modified. (Hot Rod)

 

Good luck. The specialty agents don't want to insure daily drivers and regular insurance is a hassle to get decent coverage.

I still have to make another trip back to make sure they have it right.

 

I make sure to keep several appraisals, along with pictures on file with my insurance agent. Unfortunately, unless I carry stated value policy to protect my rides, its been my experience that it is almost impossible to comprehensive and collision insure an older vehicle.

At least with the appraisals and pictures on file with the insurance office/company, they won't let the other company nail you in the keester should someone damage your car. Liability only on my stuff - unfortunately.

 

alright guys, thanks for the responses. I guess I will keep searching. The best that I came up with was american family who said that in the case of a claim they would see what similar cars were selling for locally (paper, autotrader) and give me a value based on that. only problem is that. This is probabaly one of 2 on the road in AZ, and not too many for sale frequently.

 

I had my 52 Chevy insured by Nationwide as a daily driver. They had an agreed value deal where I had to get an appraisal. (My appraisal was from a street rod shop-- just a paragraph saying that the car would cost $XXXXX to replace, duplicate, etc. on shop letterhead.) I did have to make a claim when I hit a deer, and I thought their handling of it was fair, although just a bit slow.

I have heard several on here say that State Farm worked with them as well.

It all varies from state-to-state, but I'd check a couple different agents for each brand before signing off on anything.

 

I sell for American National Insurance and we can insure a daily driver. The rate is just not as good as if it were a limited mileage vehicle. The limited mileage vehicle will have an appraisal and be an agreed value policy, which is alot better, but mileage is restricted to 10k per year. The daily driver can be insured for a value, but in the event of a total loss, they will depreciate the car and pay a reduced amount, which is ok if the vehicle isn't worth a ton of money.

 

I used Progressive and actually brought the car to the local agent. They asked me what the replacement cost would be and I said "10,000"... so thats what they covered me for. It was licensed and insured as a daily driven car, NOT classic/vintage/limited use. Cost me 600 bucks a year for 500 dollar deductable collision + free glass. Not HAMB material but it was a 1970 Buick GS350.