car insurance values
How can I increase the value of insurance coverage on my car?
I have a car with Kelly Blue Book value ($ 4,000 ISH) much lower than cost in both parts and labor, if a minor, but repairable, accidents that occur. ($ 5,000 to $ 6,000) What are my options increase in insurance value of the options or alternatives or services to put in my vehicle if the unlikely event that it becomes totaled arises? Are there any alternative or additional insurance in case I get my vehicle is considered totaled * but pay for fixing, regardless of what Kelly Blue Book says? Thanks!
It would be useful to know what kind of car you have. However, you can talk to your agent. If the car is a classic – you can get an appraisal on the car and usually get a policy of declared value. If the car is not a classic, then no. The standard auto policy will not insure the car more than its market value. You may want to check the NADA (National Automobile Dealers Assoc) book value of the car. If the car would be a total loss in a accident if the insurance company uses a book to determine its value – that will use the NADA – not Kelly.
Aston Martin Classic Car Insurance
