Re: [T3] evaluating your car for insurance

Oddly enough, we just did some research on this subject. My husband just finished a frame up restoration of his 71 Datsun 510, including engine. We found that our current insurance carrier (State Farm) will provide a 'stated value' policy on the car...the higher we state the value of the car to be, the higher the premium. We figure he has about $8000 into it and the premium would be about $250 for 6 months. There are conditions such as we have to keep it in a (heated) garage and drive it no more than 5K miles a year.

>From: Russ Wolfe

>Reply-To: russw@classicvw.org

>To: type3@vwtype3.org

>Subject: [T3] evaluating your car for insurance

>Date: Mon, 1 Oct 2001 18:47:22 -0500

>The other day, someone was asking about evaluating their car for insurance

>purposes. I happened to be on http://www.nada.com web site today, looking up

>the value of a car for another person at work. I noticed that they have

>listings for classic's and collectable's. Just for the heck of it, I looked

>up my '66 Fastback. Right now, I would take their average retail for it, if

>it got totaled. Low retail is over $3000.

>People may want to look at these prices and see if they are what they figured

>their T-3 is worth. Also, it would be bargaining leverage if your car was

>ever in an accident, or stolen.

>--

>Russ Wolfe

>'71 Fastback AT

>'66 Fastback MT (IT RUNS)

>russw@classicvw.org

>http://www.classicvw.org

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