What's mine worth? Insurance Declared Value - Page 4 - Toyota 4Runner Forum

lockedlex · 03-12-2021, 08:06 PM

Quote:

Originally Posted by Endlessblockades

I think we need better security/killswitch technology on these rigs. Especially homeless ones like mine...sleeping on the city streets.

I'm sort of inclined to just never drive mine again at this point.

I had the inclination a little over a year ago about these prices and now... we're seeing it everywhere and even worse than it was back then.

Something is very strange.

Endlessblockades · 03-12-2021, 08:11 PM

Quote:

Originally Posted by lockedlex

I'm sort of inclined to just never drive mine again at this point.

I had the inclination a little over a year ago about these prices and now... we're seeing it everywhere and even worse than it was back then.

Something is very strange.

Haha - I don't blame you. Mine is a full-time daily driver/weekend warrior, so I have no choice.

lockedlex · 03-12-2021, 08:59 PM

Quote:

Originally Posted by Endlessblockades

Haha - I don't blame you. Mine is a full-time daily driver/weekend warrior, so I have no choice.

Truth is, these aren't meant to be garage queens. Really, they should be driven. And as we're seeing, others are getting that... that whether they have 50k or 150k... it's pretty much the same thing. What an amazing feat of engineering.

cl4Rk · 03-12-2021, 09:07 PM

Quote:

Originally Posted by lockedlex

What an amazing feat of engineering.

I love this. I think about this all the time. Incredible.

cahaight · 03-12-2021, 09:11 PM

Doug Demuro UTube car reviewer just did a story on 3 Generations being one of the best SUVs ever and apparently has a bunch of viewers,people want something different...

eddielasvegas · 03-13-2021, 11:57 AM

Good reminder and thanks for these recent posts.

KBB says my T4R is worth 6k. That's high end so I am sure SF would just send me a check for $4 grand and be done with it and then I have to jump through all the hoops to prove its value/

I'm fairly certain I could get 11-12 grand w/o a lot of effort so I just sent my agent an email asking how I can ensure I'll get its true value.

Eddie

cl4Rk · 03-26-2021, 07:54 PM

State Farm (KS) told me they only do agreed-upon value for so-called antiques.

Their definition of antique:

- Age: 25 or more years old

- Use: Not used regularly for personal, pleasure, or business purposes. Driven or used on a very limited basis, such as infrequent pleasure driving, exhibitions, parades, club activities, or similar functions of public interest.

- Condition: Restored with exceptional workmanship, or maintained and preserved in its original condition or undergoing a restoration by an antique automobile hobbyist.

- Other: Vehicle is of historic interest and is kept inside an enclosed building when not in use.

lockedlex · 03-26-2021, 09:42 PM

Quote:

Originally Posted by cl4Rk

State Farm (KS) told me they only do agreed-upon value for so-called antiques.

Their definition of antique:

- Age: 25 or more years old

- Use: Not used regularly for personal, pleasure, or business purposes. Driven or used on a very limited basis, such as infrequent pleasure driving, exhibitions, parades, club activities, or similar functions of public interest.

- Condition: Restored with exceptional workmanship, or maintained and preserved in its original condition or undergoing a restoration by an antique automobile hobbyist.

- Other: Vehicle is of historic interest and is kept inside an enclosed building when not in use.

I'd definitely avoid this policy. You don't want any limitations just to get an agreed upon value. Just keep in mind, you might not be eligible for an agreed upon value policy with your current insurer or with the current cars you have. Might be good to shop around. I was only able to get that policy since they're insuring other higher value cars.

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