Insurance
Insure it Properly or Lose Your A**
When the value of a vehicle is difficult to assess, the vehicle may be insured on a stated amount basis. This will explain what the stated amount means, and how it differs from the agreed value and actual cash value. The following example demonstrates a typical situation in which the stated amount of coverage might…
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The following are examples of vehicles that may require collector car insurance: Automobiles from the past (25 years or older) Exotic and high-end automobiles Trucks from the past Vehicles from the military’s golden era Vehicles that have been modified or hotrods Automobiles with a lot of power Anyone who owns a vehicle is required…
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