I know what you're saying, John. I scratch my head on the insurance valuation myself. You really have to pull out any emotional attachment you may have for your particular car, and try to assess how much you'd have to pay in the market to replace it with a similar car in equal condition to yours. An unfortunate fire, windstorm, flood, or accident could make the amount you're insured for pretty important. I try to make my best guess based on what I'm seeing in auction reports, and base my request for insured value on that. A very important point is to make sure your policy is for a stated "Agreed Value". The insurance company will want some photos and documentation - and maybe even their own visit to your car - to establish its true condition. But then you have a contract with them to receive that amount in full for your totaled vehicle without a value dispute. I think the few extra bucks a year to insure it for all the Agreed Value the insurance company sees in your car is worth it in peace of mind. I've never tried this, but if you give Hagerty's (or whatever insurance company) a phone call, will they help you figure it out? Keith Boonstra - On 8/21/2010 12:56 PM, John Holst wrote: > > If the price at auction is an indicator of the buyers satisfaction, > and the sellers acceptance level on that particular day in time, how > does one estimate the true/real value of the "Big Brute" out in the > shop? The reason for the question is that I just received a statement > from Hagerty's for my insurance for the coming year. The value was > set several years ago has not changed (5+ years?), and perhaps I > should reconsider the valuation set previously. In the event the "Big > One" comes to Duncombe Iowa, and the car is lost. I might be > disturbed at the value claimed, when "I" should have put more thought > into the process thru the years. That would be my problem, but > without some guidance or resource to fall back on, I am sitting still > in the water for now. Just food for thought. > > 300'ly, John Holst - Hot, Steamy, Wet Iowa... > ---------- > > No virus found in this outgoing message. > Checked by AVG - www.avg.com > Version: 8.5.441 / Virus Database: 271.1.1/3085 - Release Date: > 08/21/10 06:35:00 > > [Non-text portions of this message have been removed] > > [Non-text portions of this message have been removed] ------------------------------------ To send a message to this group, send an email to: Chrysler300@xxxxxxxxxxxxxxx To unsubscribe from this group, send an email to: Chrysler300-unsubscribe@xxxxxxxxxxxxxxx For list server instructions, go to http://www.chrysler300club.com/yahoolist/inst.htm For archives go to http://www.forwardlook.net/300-archive/Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/Chrysler300/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/Chrysler300/join (Yahoo! ID required) <*> To change settings via email: Chrysler300-digest@xxxxxxxxxxxxxxx Chrysler300-fullfeatured@xxxxxxxxxxxxxxx <*> To unsubscribe from this group, send an email to: Chrysler300-unsubscribe@xxxxxxxxxxxxxxx <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/