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Old 10-16-2010, 05:11 PM
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214Chevy 214Chevy is offline
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Quote:
Originally Posted by SLO_Z28 View Post
Not always true. I received a check from AAA for $6900 to fix my car last November. About 80% of my appraised value.
I only used $2500 as an example. $6900 was only to "fix" your car as you stated. But, my point to be exact is, a regular insurance company will not give you 100% of your value the way a classic car company would. Also, a regular insurance company will total-loss our cars quicker than lightening strikes because of their age. But hey, I'm no expert on this. Just my .02 cents. But, I do remember when I first bought my Chevelle back in 2003, when I was 30 years old with no tickets and it was bone stock and would not go faster than 65 mph, I was paying State Farm $118/month, which equals $1416/year. Now, I have it all fixed up with bling and pay Grundy $352/year for $50k of coverage.
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