Comments on: How Do I Increase Insurance Value Coverage On My Car?

By: DOLL FACE KELLY

DOLL FACE KELLY — Thu, 29 Oct 2009 22:25:41 +0000

omg good question !!! let me know if someone gives you a good answer ! please [=

By: One Tree Hill

One Tree Hill — Thu, 29 Oct 2009 22:11:08 +0000

You can get above value insurance for this. must get from insurance agent.

By: postie27

postie27 — Thu, 29 Oct 2009 15:43:48 +0000

For classic cars some insurance companies will issue an “Agreed Value” policy where you agree with the company at the start of the policy what the write off value will be.

By: MSAD

MSAD — Thu, 29 Oct 2009 14:05:59 +0000

It would help to know what type of car you have.
However, you can speak to your agent. If the car is a classic – you can get an appraisal done on the car and usually get a stated value policy for it.
If the car is not a classic- then no. The standard auto policy will not insure the car for more than it’s market value.
You may want to check the NADA (National Automobile Dealers Assoc) book for the value of the car. If the car were to be a total loss in an accident -if the insurance company uses a book to determine it’s value – they will use the NADA – not Kelly.