cheapest way to insure a classic that is a DD?

[Big_Dave]

I think I misread the post. The che3apest way to insure your older car is to insure it wth liability coverage, and let the insurance company assume it is just an old clapped out car. The insurance will be as cheap as possible, but make no mistake your car when insured this way is only worth NADA black book. Ie: 1971 240z NADA would be about 800 bucks. If some one hits you, and you are running bottom of the barrel insurance, the other insurance company is likely to only pay you NADA for your car, no matter if you have an RB 25 swap and fresh paint. Especially a company like Atlanta Casualty or Progressive. So beware of what could happen if your not at fault. Be honest with your insurance agent and ask lots of "what if" questions.

[AltimaCharlie]

i pay like 125 for 5 cars, but state farm probelly ussumes my classics are worth about 200 bucks a piece. so i need to get them appraised or something. the price is right but i get worried thinking about what coverage i acually have. i told them they are worth 2500 a piece but i doubt that will help.

[Big_Dave]

i pay like 125 for 5 cars, but state farm probelly ussumes my classics are worth about 200 bucks a piece. so i need to get them appraised or something. the price is right but i get worried thinking about what coverage i acually have. i told them they are worth 2500 a piece but i doubt that will help.

talk to your agent, and be specific about your concern, regarding what you value your car at. If you value your car at 2500.00, make certain that your insurance company will pay your value if the car is stolen or totaled. As Baby J said classic insurance is geared for American muscle, classics and exotics, mostly. A company like Haggerty's is the best option for full coverage and true value of your car, but if you just "say" you have a locked storage for your car, or if you drive your car more than 1000 miles a year then the specialty insurance will probably not cover any loss that you have. They WILL investigate any claim. The best and safest way to insure your car and get back your cash in case of a theft, total loss, or just having the insurance company pay for any damage incurred to your car is, a stated value policy.