A common question we get asked by those shopping enthusiast insurance who are shopping for agreed value policies is whether an appraisal is required. And we don't blame people for asking. In fact, it's a very fair question, and honestly one
The Situation We were request to quote insurance for an owner of a 1985 Porsche 911. They regularly drove their classic Porsche to car meets and on the weekends. They added their car to their regular insurance policy with the rest
For car enthusiasts there is no question that one of type of policy stands out and that's an Agreed Value Policy. While not exclusive to car enthusiasts, agreed value policies solve a number of the most common challenges car enthusiasts face
If you are a car enthusiast who has hunted for insurance, particularly specialty insurance, one of the most confusing areas is how insurance companies determine the valuation. What's just as important is how insurance use valuation based on the policy type.