celticwarlock
Active Member
Greetings, all.
My 1969 NY just got dropped from American Collectors insurance. They claim that the car has to be worth at least $5K (they valued it at $4K), and added that it has actually depreciated recently, so they won't insure me. I don't see how that's possible, because it would be difficult to buy my car at that price (no visible rust, no dents, everything works, it runs beautifully, etc.).
This is ***-backwards, it seems, because the larger the loss, the greater the risk they assume, but anyway....
Do you guys have any recommendations for classic car insurance? My policy expires in a month, so I'd like to find a solution very soon.
My 1969 NY just got dropped from American Collectors insurance. They claim that the car has to be worth at least $5K (they valued it at $4K), and added that it has actually depreciated recently, so they won't insure me. I don't see how that's possible, because it would be difficult to buy my car at that price (no visible rust, no dents, everything works, it runs beautifully, etc.).
This is ***-backwards, it seems, because the larger the loss, the greater the risk they assume, but anyway....
Do you guys have any recommendations for classic car insurance? My policy expires in a month, so I'd like to find a solution very soon.
