spent 45mins on the phone trying to talk to my insurance company to tell them to send an adjuster to check out my car....... i think maybe by march after 7 months my car will be fixed

Took me 6 months to get the money to START fixing my car.



I just had the driving insurance removed and dropped to cover for fire and theft only. From $145 per month down to $65 per month. Last winter it cost $35 per month https://www.nopistons.com/forums/pub...IR#>/angry.png



At the end of the winter I'm finding someone else. It's ridiculous.

yup as soon as its paid for hopefully within a few weeks. dropping coverage to whatever the lowest i can get is

insurance coverage drives me nuts

Don't complain

you can't even imagine how much we pay for insurance here in Italy

35, 65 or more per month is really ridiculous

but the problems are always the same when you have to GET money from them.....

With that being said, do most of you FD owners have full coverage?



Every car I've owned only has liability and is under my father's name. But come FD, I think Full Coverage might be a good option...

i always had full coverage on my FD first because its a loan and second you never know what's gonna happen

Damn Vos, you should start getting offensive with them.

My 87 has full coverage. I am planning on getting it appraised sson and covering it for the appraised amount. It will cost more but I have a lot into it. If it was totalled I would be screwed.



Insurance = Government Sanctioned Gambling.

yeah my FD was valued at $18k even though i spent $35k on it including the car

^ that is why you get "stated value" coverage on a car with mods

i was 18 when i got the car. you think i knew what that meant



i didn't even know about it until right now https://www.nopistons.com/forums/pub...1047683785.gif

I plan to get full coverage on the FD since ill be making payments for it.

when you have a loan you have to have full coverage

Full coverage is NOT "stated value". THERE IS A HUGE DIFFERENCE

enlighten me oh "OLD ONE"!

Stated Value



This is the determination of the "replacement cost" of a vehicle for insurance coverage. This is only for vehicles that are antiques, classics, customized, special interest, etc. This is different from an ACV since the vehicle may have no true market analysis due to its age, customization or rareness. Therefore, each vehicle is evaluated on its own basis in many areas. These may include, but are not limited to, the following: uniqueness, originality, rareness, restoration quality, receipts, etc. Therefore, the vehicle is appraised in an effort to protect the owner's investment in a vehicle. Also, this benefits the owner and the insurance company to have the value properly stated so that the premiums are set accordingly.

Diminished Value Frequently Asked Questions



What is D.V.?



D.V. or diminished value is the anticipated loss of value after a vehicle has sustained damage.



What determines D.V.?



Their are several factors that determine if a vehicle has diminished value. These factors may include, but are not limited to,

the following:





Model year



Date of loss



Date of loss mileage



Has the function of the vehicle been restored?



Are repairs complete and within industry standard?



Has the market (retail) value been effected? (Actual cash value - prior and after)



Amount of damage/repairs.



Does every vehicle have diminished value?



No! Not every vehicle has diminished value. Each vehicle's characteristics and statistical data concerning the loss will assist in determining any anticipated loss of value.



Who can hire Stated Value's services?



We assist individuals, government agencies (IRS, DOT), banks, attorneys, major and independent insurance companies, etc.



How does Stated Value determine diminished value?



Since there is no standard set of rules and/or guidelines for determining diminished value. This company designed a methodical

process using a vehicle's characteristics and statistical data in an effort to eliminate arbitrary, capricious, or inconsistent determinations in its documents.



How much does a diminished value appraisal cost?



Fees are determined by the location of the vehicle and/or the due diligence needed to complete the document.



What is the turnaround time of a document?



3-5 Business Days



How long is your document?



15 - 20 pages (or more).

Agreed Amount or Agreed Value

This is the only policy form guaranteeing you in writing what amount you will receive if your “Collector Car” is stolen or totaled during the policy period. Note there is no “Actual Cash Value” clause in the form. The “Agreed Amount” form states the insurance company will pay you, the lesser of:



The “Agreed Amount,” or

The cost to repair the covered auto, not to exceed the “Agreed Amount”.

The “Agreed Amount” should be reviewed carefully with your agent before the policy is issued. Your agent and you must agree together upon the “Agreed Amount” before the policy is issued. The “Agreed Amount” should represent the true market value of the car at the time the policy is written. If the market value changes during the policy period, the “Agreed Amount” can be changed by endorsement. Before policy renewal each year the “Agreed Amount” should be changed, if necessary, to reflect current market value.

I stand corrected: you wanr agrreed on value, not stated value, I remebered the terms incorrectly https://www.nopistons.com/forums/pub...IR#>/smile.png(

ok i 'll read all this later. not enough time right now

Hell I got screwed by my insurance company. I was going through my divorce and my wife left with my Ford Explorer. I couldn't take it off or her off my insurance (so they said). Well after the divorce when I got the damn thing back, she had done over 4 grand in damages. The insurance company then said that I couldn't file a claim since she was on the policy. I ended up having to take her back to court for the damages and the 8 months of car payments I had to make. (still haven't seen a dime of that money) I ended up selling the car to my boss for 7 grand and had to pay out 2 grand in the loan difference. INSURANCE COMPANIES SUCK!!! Now I pay those bastards 190 a month for insurance. My 1990 CRX with liability is more than my FD with full coverage since it is my primary driver. I can't wait until Dec when I'm 25 so my rates will hopefully drop.

$65 a month and I'M NOT ALLOWED TO DRIVE IT!!!



This is only in case it is stolen, vandalized, destroyed by fire, etc...

that BLOWS! sorry to hear it

The kicker is that my boss' son totaled it two months ago and his insurance company gave him $9500. I should have just ran it off a cliff myself!

i had thought about that before but what you gotta do is just nail the brakes when someone is tailgating you https://www.nopistons.com/forums/pub...IR#>/smile.png