Collector motorcycle needs agreed value insurance

Image

Nostalgia is an up-to-date re-imagination of the fabled 1934 BMW R7. Collector motorcycles require agreed value insurance coverage, not the stated value coverage that daily riders/drivers have. 

Protect your investment!  Get it appraised! 

More info on the Nostalgia:  https://nmoto.com/ 

Image

Tags

All blog car appraisal cars tires Auto insurance Safer driving Divorce appraisals Car consultant Diminished Value VIN Vehicle Identification Number Collector Cars Appraisal Clause Pre purchase inspections Vehicle Inspections Charitable Donation Total loss Prior to loss Totaled car Wrecked car Modified vehicle Extended warranty Probate Estate settlement Boat appraisals Financing Stolen vehicle Auto theft Hyundai Restomod Amelia Island Auction Nissan Cadillac Auto accident Collector car math Porsche Stolen car Ferrari Agreed value insurance RM Sotheby Monterey Ford Thunderbird Pebble Beach McLaren Mercedes Austin Car Jokes Hurricane Dorian Flood Austin Healey BringATrailer Buick Audi R8 Motorcycle appraisal Lamborghini Most Expensive Car in the World Fair Market Value Datzun 240Z Barn find Ford Bronco South Florida Bullitt Mustang 1937 Cord Bugatti Chevy Tahoe Jaguar Rebuilt title car appraisal near me Boat appraisal Fair market value appraisal Triumph TR6 Auto Appraisal Tesla Florida Recreational vehicle Miura Pinto Veyron Yugo Trabant Koenigsegg collector motorcyle Bankruptcy Rolls Royce Tropical Storm Eta Charity Donations

Facebook Feed

Collector motorcycle needs agreed value insurance Collector motorcycle needs agreed value insurance

Nostalgia is an up-to-date re-imagination of the fabled 1934 BMW R7. Collector motorcycles require agreed value insurance coverage, not the stated value coverage that daily riders/drivers have. Protect your investment! Get it appraised! More info on the Nostalgia: https://nmoto.com/

Wrecked Motorcycle in Florida Wrecked Motorcycle in Florida

Because of its relative vulnerability and fragility, a motorcycle that has been in an accident has a high probability that it will be 'totaled', or declared a total loss, rather than being repaired. Be aware of the 'Appraisal Clause' in your policy, and do not accept the insurance company's below fair market value settlement offer. Protect your investment! Get it appraised! Call/text 786-853-0711 for information.

Boat valuation for insurance Boat valuation for insurance

Why your boat needs a professional written appraisal. There are two basic types of boat insurance—“agreed value” and “actual cash value”, also known as "stated value." How depreciation is handled is what sets them apart. An "agreed value" policy covers the boat based on its value when the policy was written. While it may cost more, there is no depreciation for a total loss of the boat (some partial losses may be depreciated). "Actual cash value" policies may cost less, but factor in depreciation. Simply stated, the policy will only pay up to the actual cash value of the boat at the time it is declared a total or partial loss. Eventually, as your boat ages, your insurer will probably insist on an actual cash value policy, unless you provide a Replacement Value Appraisal

What kind of auto insurance is right for you? What kind of auto insurance is right for you?

Daily driver (Stated Value) insurance is well suited for your daily driver car that is depreciating in value, but your custom or restored collector car that is going up in value, needs different (Agreed Value) insurance coverage. Do NOT lump your daily drivers and collector cars on the same policy! In the event of a claim for your collector car, you could be greatly disappointed!

STOLEN! One owner from new 1963 Chevrolet Impala STOLEN! One owner from new 1963 Chevrolet Impala

This one owner from new 1963 Chevrolet Impala was stolen from a car show in California! Reminder that all classic, collector and antique vehicles should have an up-to-date replacement value appraisal for their agreed value insurance policy. For auto appraisals in South Florida call/text: 786-853-0711

1969 Lamborghini Miura P400 S sells for $1.6 million in London 1969 Lamborghini Miura P400 S sells for $1.6 million in London

A very original 1969 Lamborghini Miura P400 S brought $1.6 million and was high sale at RM Sotheby’s 13th Annual London Auction on October 24. Is your collector car adequately insured? Get it appraised!

Motorcycle appraisals in South Florida for Pre-Purchase, Financing, Insurance Replacement Value, Total Loss or Diminished Value. Motorcycle appraisals in South Florida for Pre-Purchase, Financing, Insurance Replacement Value, Total Loss or Diminished Value.

Motorcycle appraisals in South Florida for Pre-Purchase, Financing, Insurance Replacement Value, Total Loss or Diminished Value purposes. Whatever your motorcycle appraisal needs are in South Florida, John or Tom can help. Text/call: 786-853-0711

1931 Bentley 8 Litre Gurney Nutting Sports Tourer wins Best of Show at the Pebble Beach Concours d’Elegance 1931 Bentley 8 Litre Gurney Nutting Sports Tourer wins Best of Show at the Pebble Beach Concours d’Elegance

A 1931 Bentley 8 Litre Gurney Nutting Sports Tourer won Best of Show at the Pebble Beach Concours d’Elegance. The Hon. Sir Michael Kadoorie owns and showed the Bentley.

No-Reserve Ferrari 250 GT SWB Berlinetta at RM Sotheby’s Monterey No-Reserve Ferrari 250 GT SWB Berlinetta at RM Sotheby’s Monterey

A 1962 Ferrari 250 GT SWB Berlinetta will cross the block at no reserve during RM Sotheby’s August 15-17 Monterey Auction.

Auto Appraisal Network South Florida

Enter Your Zip Code

Collector motorcycle needs agreed value insurance