Subject	Grundy is an "Agreed Value"
Posted by	WhiTTe Z on January 18, 2017 at 4:07 PM
	This message has been viewed 308 times.
In Reply To	Re: Show receipts. posted by outkaZTT on January 18, 2017 at 03:23 PM
Message	Grundy is an "Agreed Value", not "Stated Value" (Agreed is what you want. With Stated Value, they can fuck you). https://www.hagerty.com/articles-videos/ask-hagerty/whats-the-difference-between-agreed-value-and-stated-value-coverage Agreed value insurance is based on an appraisal. You must consider the fact that modified parts (in general) depreciate just like new cars, so they're worth much less as soon as they're installed and considered "used". Why would an insurance company want to pay $3500 for a brand new turbo kit to replace yours which had 40k miles on it that you wouldn't be able to get $2k for on the used market? Same goes with wheels, coilovers, exhaust, etc. etc. "Stance: cuz goin fast cost money yo (n/m) - ZiNnYc 08/09/12 18:23:42"
Follow Ups	Those with Grundy stated value insurance policies - outkaZTT 11:52:02 01/18/17 Call Hagerty. $30K policy w minimal q's..... (n/m) - The Hawk 12:19:58 01/18/17 Already did - outkaZTT 12:39:10 01/18/17 get your car appraised ..that is the way to start. (n/m) - The Devils Z 13:45:59 01/18/17 ?????????????? - The Hawk 10:27:41 01/19/17 Re: ?????????????? - outkaZTT 11:04:57 01/19/17 ....and the only reason I don't have Grundy - The Hawk 10:30:40 01/19/17 I use American Collectors Insurance. - zfreak(Dallas) 14:02:46 01/18/17 Thanks, I'll look into that. (n/m) - outkaZTT 15:23:29 01/18/17 Show receipts. - WhiTTe Z 14:04:55 01/18/17 Re: Show receipts. - outkaZTT 15:23:00 01/18/17 Grundy is an "Agreed Value" - WhiTTe Z 16:07:16 01/18/17 Re: Grundy is an "Agreed Value" - outkaZTT 11:16:14 01/19/17 I had American Collectors on my Jeep - DAYTONAZ 08:23:52 01/19/17 Besides showing them a spreadsheet of receipts along with - PiotrC70 18:58:31 01/18/17 I have Grundy for $15,000 agreed value. Not how much - JMartz 20:11:46 01/18/17 Not Grundy, but I filed a claim w Hagerty - The Hawk 10:32:26 01/19/17 Re: Besides showing them a spreadsheet of receipts along with - outkaZTT 11:23:08 01/19/17 Grundy rejected me at a much lower stated value - Sportzcoop 08:43:54 01/19/17 Yep, they gave me the same answer. Not a collector car. - Tanley (ATL) 09:22:17 01/19/17 Re: Grundy rejected me at a much lower stated value - outkaZTT 12:04:05 01/19/17 Re: Re: Grundy rejected me at a much lower stated value - TallTexan 16:03:23 01/19/17 Claims - Sportzcoop 19:09:31 01/19/17 I have Grundy at $25k for $300/year - StramanVerTT(GA) 10:48:40 01/21/17 That's basically the max that they said they'd insure me for - outkaZTT 12:22:39 01/21/17
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