londontexa

Looking for an insurance company that will write a stated value/limited use policy on my 2004 SC 430....Haggerty and Leland West both declined.....annual mileage of 3000 or less...

THanks

mrblister

Try Grundy

londontexa

thanks... i had not tried grundy...they were lower by $800 per year over progressive...

thanks again

mrblister

I have a 2005 sc430 bought new pebble beach. I have 7600 miles on it really low I only drive it when i can put top down so I really can only use it a few months a year. Would you mind telling me what rate did you get and what was the stated value My car has never been in the rain or snow

londontexa

less than $250 per year for 2500-5000 miles...

UGAALF

Just want to make sure that you are not meaning agreed value when you ask about stated value, and I apologize if you know the difference.

Stated value in the insurance world typically results in payment of ACV (depreciated value). The payment is the lesser of Replacement Cost and ACV, and the lesser is often ACV. If you are looking for a specific amount of coverage, for example $25,000, and the underwriter agrees with you, that will be written on an agreed amount policy and will not take depreciated value into account.

londontexa

thanks for the clarification....

Prasha

I drive under 4K annually, paid this year $628 (annual) for 1k deductible and basic full/minimum limits insurance coverage.

Can I do better with the stated value? (02, 58k miles)

londontexa

go to.www.grundy.com and get a comparable quote