Reply to "Pantera insurance and registration?"

You really should do a search for prior discussions of this. Lots has been written.

In short, you need to get an AGREED value policy, not a STATED value policy.

You can state any value you want, and the company will charge you accordingly. BUT if the car leaves home without you, burns to the ground or is totaled, you will start a long battle trying to PROVE your stated value is correct for your (now missing?) car. Company will do a comparision value check, find two survivors that sold for $27K and $28K and offer you accordingly. Up to you to prove otherwise, and with potentially no car to evaluate you are up the creek.

Now, you can be smart and get an AGREED value policy. Again, you can pick the value and pay accordingly. If you pick any reasonable amount, you probably won't have to justify it. It is just what is says - AGREED. If the car disappears, that is the money you will get. Period.

I strongly advise you get a professional appraisal of your car, collect and document with written descriptions and photos all aspects of your car and offer copies to your agent.

I collected $35K in repairs from State Farm 11 months after purchase without nary a wimper or remark. I have a $45K agreed policy, classic auto, and pay about $400 a year. I have ALL my insurance with them, by the way.

Larry