Originally Posted by
Dave Severson
I've got State Farm agreed value on my '71 pickup ($22.000) and my Mustang ($25,000) with a 3500 mile restriction on both, costs me $240 for both--But, I also have my house, house on the farm and the buildings there, and numerous other policies with them and have for better then 20 years. Put 3 miles on the pickup and 20 passes on the Mustang this year......so for me the mileage restriction is a non-issue.....
However, as "other Dave" mentioned, Grundy covers a car while under construction and being transported so I have a couple project cars insured with them. Same would say I pay way too much for insurance coverage, but having lost 3 of my cars in someone else's shop fire many years back, and the resulting total right off and NO insurance check from anyone I guess I don't mind. Yeah, I could of sued the guy who didn't have his shop insured, but he'd just lost everything in the fire and there was nothing left of his for me to get!!! Just an expensive lesson on insurance that the lowest rate is not always the best coverage!!!!
Make sure you know what your coverage is, and can afford the cost of a total loss if the worst should happen!!!!