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RE: [VAL] Re: Vintage Trailer Insurance



I urge to obtain a qualified appraiser. I have completed a number of Vintage
appraisals as well as successfully obtaining vintage value after an
incident. Please contact me directly or take a look at my web site
www.polkassociates-llc.com
Jim
japolk@jps.net


> A short time back there were numerous messages about finding a  
> company that would insure a vintage trailer. After being transferred  
> four times within Geico, my car/truck company, I finally was told  
> they didn't write policies where customers propose the value. ("We  
> take the original price paid and depreciate it." I estimated that my  
> 1966 Caravel would be worth about 27-cents using that formula...)  So  
> I got on the Progressive Ins. website and was very pleasantly  
> surprised. They have an "Agreed Value" policy whereby the owner  
> states his estimated value ($12-15K in my case), substantiates it  
> with photos and an appraisal. I called to determine from whom they  
> would accept an "appraisal" and was told the rules are pretty loose  
> -- e.g., any RV dealer, antique car appraiser, or other "qualified"  
> appraiser -- "Just don't submit something done by your brother."  I  
> asked if supplementing it with actual copies of similar vintage/size  
> trailer advertisements would help and was told it would. I have five  
> eBay, CraigsList and trailer site ads for early Bambi and Caravel  
> models that show between $12-24K!  Sorry to ramble, but thought this  
> might be an option for someone else. Cost? $147 a year. Check it out.  
> (No I don't work for Progressive).
> 
> Tony in Sonora
> '66 Caravel