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What You Should Know


Actual Cash Value


Stated Amount or Stated Value


Agreed Amount or Agreed Value


Extras


Claims


Obtaining A Policy


Conclusion


The Limited Pleasure Use Plan - Exotic and Classic Car Insurance


The Concours Plan -- Classic Car Insurance


Underwriting Rules


Rated ''A+''


Sample Rates


About The Program >  What You Should Know >  Extras

Is It Collector Car Insurance or a Crossword Puzzle?

The answers are not always what your insurance agent tells you ...

It's what agents fail to tell you or don't understand.

by Holly Bromberg

 

From the book:
The SL Experience
"Five Decades of the
Mercedes-Benz SL"
The Ultimate SL Resource Book

358 pages. Over 250 color photos. Hardbound. Full Color.
ISBN 0-9635394-2-6


Part 5:  Extras

Once you find a program or two offering agreed value for physical damage coverage, compare the extra coverages.

In addition to the carÃ???s "Agreed Value," a few programs allow you to insure special items such as original Rudge wheels, Nardi steering wheels, original matching luggage, or special stereo equipment.  Many programs only allow you to drive 2,500 miles annually, but some offer different mileage plans up to 5,000 miles a year, as well as different physical damage deductibles.  Some have warranties and restrictions allowing you to drive the car only to special events and car club events.

Read the application carefully. Ask your agent about policy warranties and restrictions before you apply. Each program is a little different. Find one suitable for your driving needs.

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 P. O. Box 26420, Fresno California USA  93729-6420
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