[DML] Re: Insurance, stated value, daily drivers
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[DML] Re: Insurance, stated value, daily drivers



I have stated value coverage through Allstate.  I had to provide an 
appraisal in support of the statement.  

It's in my best interest to keep the appraisal and the stated value 
up-to-date so I can replace my car if it is totaled in some way. I 
plan to do this about once a year.

Marv
#10820


--- In dmcnews@xxxxxxxxxxxxxxx, Ryan Wright <ryanpwright@xxxx> wrote:
>
> With the recent discussions on insurance, I thought I'd ask:
> 
> Does anyone offer stated value coverage on DeLoreans that are used 
as
> daily drivers?
> 
> Thus far, I have had no luck finding such coverage. I called 
virtually
> every insurance company in my yellow pages, including several
> "brokers" that deal with dozens of companies. None would insure a
> DeLorean at stated value. The collector car companies won't touch
> daily drivers.
> 
> So far I've been "risking it" with State Farm - they don't offer
> stated value coverage. It's funny how you can pay top dollar for
> insurance and still have no guarantees of being able to replace the
> car in the event of an accident. I figure, in the event of an
> accident, I'll have to sue them to get a fair settlement. I'd be 
much
> happier if I had stated value coverage.
> 
> --
> - Ryan
> http://www.memfrag.com - Store your bookmarks. On every computer.
>









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