Why Restomods need appraisals for insurance.
OK, so why do Restomods need an appraisal to get proper insurance coverage? A very popular basis for a Restomod is the first generation Chevrolet Camaro (1967-69). Currently the value of an original #3 Good condition base coupe is around $24,000. Recently we've appraised two Camaro Restomods with build costs of $280k and $403k, respectively. Without an appraisal on file, in the event of a total loss, these Restomod owners might receive an insurance settlement of just $24,000!
Protect your investment! Get it appraised! Call/text 786-853-0711
