broke but not dead!
stated value insured
I'm getting insurance quotes for the rig .
Its seven hundo for liability, twelve for full coverage.
500.00 ded. State Farm.
My girl told me I could determine a value and substantiate the value with receipts.
I have spent fifteen thousand before new tags and insurance.
What did you declare your stated value ?
2004 Trilogy #93P 12.2@113 Built and stalled
Senior Member
I declared $40,000 through American Collector Car for my DBP, I figure I could get close to replacing it for 40k.
2003 Black - sold, back again, and sold
2003 DBP/DC - #153 Whipple 3.4 (permanent garage art)
2003 DBP/LF - # 36 (sold)
2003 DBP/LF - # 205 (sold)
2004 Black - Trilogy #43
2003 Black - shitbox (sold)
2004 DTR - shitbox #2
broke but not dead!
You consider it a daily driver?Originally Posted by Comin' in Hot
2004 Trilogy #93P 12.2@113 Built and stalled
Weißbirke Plünderer
agreed value insurance is generally not for daily drivers as a lot of ins. companies require a 2nd car ex model year or newer. If you have a daily driver and want agreed value with it, prolly be more than what you stated earlier. I would confirm wih State farm that the price is for agreed value
2004 SB Ported Trilogy 48
Has supporting mods and stuff
Thanks to Marty O for his help in updating this car.
R.I.P.
Rex "SC Cheesehead"
Willing to meet up half way
Insured for 45k, -0- deductibles, $700 and change a year. Not a DD.
I LOVE Jerry's bar, it's my kinda place...........
When you are dead, you don’t know you are dead. It is difficult only for others. It is the same way when you are stupid.
"Chuck Norris built my stock longblock. It runs on the tears of small children and makes 10,000 hp. He said it's his 'street version' "
Trilogy # 192 / T.S. 0012
BOOST GETS YOU FELONY STOPPED!!!
T242 - Ricer ricer
If it's on SF paper it's not agreed/stated value. Will be a Premium Determination policy with the insured amount being a max cap. Coverage will still be ACV at the time of loss.
WLB
BB#1) 1996 ImpalaSS - 16,500 miles - 100% stock
______________________________ ___________
BB#2) 2003 Marauder (300a) - 34k miles - Daily Driver
#2912 of 7093
Conceived 8/6/2002
Delivered 9/19/2002
Adopted 8/10/2011
Trilogy 242 - Self Installed 9/9/12 (0-60 5.5 sec)
Pioneer 6x8 Front
Legacy 600w 6x9 Rears
JL 6.5 SubWoofer
K&N CAI
Window tint 50% rear/35% front
FBM CHMSL with Strobe mod 7/1/12
DR Deep Aluminum Trans Pan
Sparta FOMOCO Racing 8.8 Girdle
Mo's Dyno Tune
Gorilla Nuts - The System
Ford Racing 4.10s, 31 spline Cobra carrier & axles 7/1/12
Powder Coat Axle Housing 7/1/12
CME HP Rear Control Arms & Watts Link 7/1/12
______________________________ ________________
Rex "SC Cheesehead" Weinbender 11-14-13
Ed "Baaad GN" Linthicum 8-6-2014
Senior Member
Other than the standard requirements, did you have any hesitation from Ins company to insure for 45k?
I miss whitey here
I have grundy on my 2011 mustang and its 525 a year. Zero deductible
Not a DD just toy, no mileage limit per year. I just can't go shopping or run errands with it
Just got insurance on my marauder TODAY
Emailed my agent, the marauder added 130.00 to my 6 month policy on my 4x4 s10. S10 is liability, and I got full coverage on the marauder safeco insurance
If you don't daily drive or plan to race at the track, call grundy
I would have put the marauder under grundy, but I'm outta garage space. 7 spots are full
Now resides at---------->
When I went to insure my 79 Mark V with State Farm, I wanted coverage for @$10,000. They would give me coverage but when asked if it was wrecked or totaled would the cover it up to that amount and the said no...
T242 - Ricer ricer
Yep, see post 6.
You needed to get a stated/agreed value collector policy for what you wanted. Pays out full policy amount if totaled.
WLB
BB#1) 1996 ImpalaSS - 16,500 miles - 100% stock
______________________________ ___________
BB#2) 2003 Marauder (300a) - 34k miles - Daily Driver
#2912 of 7093
Conceived 8/6/2002
Delivered 9/19/2002
Adopted 8/10/2011
Trilogy 242 - Self Installed 9/9/12 (0-60 5.5 sec)
Pioneer 6x8 Front
Legacy 600w 6x9 Rears
JL 6.5 SubWoofer
K&N CAI
Window tint 50% rear/35% front
FBM CHMSL with Strobe mod 7/1/12
DR Deep Aluminum Trans Pan
Sparta FOMOCO Racing 8.8 Girdle
Mo's Dyno Tune
Gorilla Nuts - The System
Ford Racing 4.10s, 31 spline Cobra carrier & axles 7/1/12
Powder Coat Axle Housing 7/1/12
CME HP Rear Control Arms & Watts Link 7/1/12
______________________________ ________________
Rex "SC Cheesehead" Weinbender 11-14-13
Ed "Baaad GN" Linthicum 8-6-2014
broke but not dead!
I went just liability , hell its not even running yet!
Great info guys!
The stated value was to be in accordance with the receipts I have , for the work done.
2004 Trilogy #93P 12.2@113 Built and stalled
Weißbirke Plünderer
Better to get Agreed value up front on policy. Liability only doesn't cover you're ride. Stated value based on receipts sounds like a losing situation. Insurance always finds a way. IMO
2004 SB Ported Trilogy 48
Has supporting mods and stuff
Thanks to Marty O for his help in updating this car.
R.I.P.
Rex "SC Cheesehead"
Senior Member
These cars are getting to the point where Actual Cash Value (as determined by the insurance company) is a screw job. Par for the course, I guess. I am just about to dump thousands more into the car for maintenance/upgrades, and the thought of the enormous loss should something happen has been weighing on me.
I garage my car, but I also daily drive 30 miles a day to work. I have another car to run errands and leave in the mall parking lot, etc. Is there any such thing as an agreed value policy on a car that sees 10K miles a year? I suspect not.
Lifespeed
2004 Silver Birch Marauder 130K miles
Wilwood Aero6 F, NMDP R brakes, Penske 7500DA shocks, Hypercoil 600lbs F and Grand Marquis R air springs, Addco tubular sway bars, Metco control & Watts, 31 sp axles, Stainless Works cat-back exhaust, Lidio tune, American Racing AR883 9.3" 50mm F 10" 59mm R 20" wheels, Pirelli P-Zero 265/35-20, 275/40-20 tires
Coming soon: Livernois 5.0L stroker, ADTR/Vortech V2 intercooled SC, Silverfox trans and Circle D converter
Senior Member
When I got stated value year ago... They simply asked how much do I wanna insure the vehicle?
I believe I said 45 or 50k... I based if it were totaled what what it cost me to replace in kind...
Insurance company gave me a rate based on the amount I wanted it insured...
Senior Member
If you included the name of the insurance company this might be useful info.
Lifespeed
2004 Silver Birch Marauder 130K miles
Wilwood Aero6 F, NMDP R brakes, Penske 7500DA shocks, Hypercoil 600lbs F and Grand Marquis R air springs, Addco tubular sway bars, Metco control & Watts, 31 sp axles, Stainless Works cat-back exhaust, Lidio tune, American Racing AR883 9.3" 50mm F 10" 59mm R 20" wheels, Pirelli P-Zero 265/35-20, 275/40-20 tires
Coming soon: Livernois 5.0L stroker, ADTR/Vortech V2 intercooled SC, Silverfox trans and Circle D converter
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