Barry Brisco wrote:
Michael Doyle wrote:
Also, I believe insurance company's and collector car appraisals these days are very much wanting, even requiring, that there be valid documentation on particular cars with owners wanting "agreed values" placed on them.l
Last year I insured my '59 coupe with Hagerty, a well known classic and collector car insurer, under an "agreed value" policy. Hagerty did not require any "documentation" other than a brief written description of the car, written by me, and a small number of photos. No appraisal required or requested by them.
That was my experience with getting an "agreed value" policy in early 2011.
Barry...I believe it is the model of the car, it's provenance, and the desired value that an owner wishes to place on it that insurance companies and appraisers use to determine the extent of documentation. If your car "fit" into their market value reports, you were probably just fine.
Perhaps there are some members on this Forum that are connected to this side of the business that could also comment.