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#1
04-07-2004, 05:12 PM
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Re: What do you think it is worth? State Farm-
I filed a claim with State Farm last year on my Camaro.......I am switching to Hagarty...I had there Classic policy which didn't matter at the time of a claim.They soak you for more money but don't expect them to pay out..
 Very disappointed,but I should have known better.My situation was not a total loss.I did however need a substantial amount of paint work.They would NOT repaint the whole car.The cost between the work done and the whole paint job was minimal.It was just not there policy.Be careful.The price is not much different ,if not cheaper, to use the correct coverage...Steve 
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#3
04-07-2004, 06:18 PM
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Re: What do you think it is worth? State Farm-
My house and 4 family cars are insured with State Farm. I talked to them about insuring my Camaro, and they have "Stated Value" or some term similar to that. That means that they agree to a starting point, which in your case would be $18,000. Then, in the event of a claim, they depreciate the 18,000. In a total loss, you will get a whole lost less than the replacement value of the car. Specialty insurers recognize that these cars APPRECIATE not DEPRECIATE.
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