So im trying to get insurance for my bronco and am having trouble...i can get stated value only under severe driving restrictions...i want to drive my bronco everywhere to from work tow it whatever...but it is crazy nice....appraised at 100k and i dont think i could rebuild it for even that....anyone have any experience or advice....
Community
Message Forum
Photo Gallery
Event Calendar
Book Reviews
Bronco Wallpaper
Bronco FAQ
Link Back to CB!
Photo Gallery
Event Calendar
Book Reviews
Bronco Wallpaper
Bronco FAQ
Link Back to CB!
Buy / Sell
Bronco Tech
3 Arm Wiper Setup
Fix Motor Mount
Roll Cage Braces
Throttle Body 65mm
Wheel Alignment
Heat Riser Replacement
Vent Window Repair
Center Console Mount
Straighten Bumper
Ford 6R80 6 spd
More Tech...
Fix Motor Mount
Roll Cage Braces
Throttle Body 65mm
Wheel Alignment
Heat Riser Replacement
Vent Window Repair
Center Console Mount
Straighten Bumper
Ford 6R80 6 spd
More Tech...
-
Welcome to ClassicBroncos! - You are currently viewing the forums as a GUEST. To take advantage of all the site features, please take a moment to register. It's fast, simple and absolutely free. So please join our community today!If you have problems registering or can't log into your account, please contact Admin.
High value Bronco driver insurance
- Thread starter bblaker
- Start date
sykanr0ng
Bronco Guru
- Joined
- Aug 11, 2014
- Messages
- 5,363
Have you checked ANPAC Chrome?
Avoid 'stated value' there are weasel words in the small print of those policies that allow 'or market value whichever is less' or a similar wording and you can bet they will find a way to pay less than what you think.
What you need is agreed value.
Avoid 'stated value' there are weasel words in the small print of those policies that allow 'or market value whichever is less' or a similar wording and you can bet they will find a way to pay less than what you think.
What you need is agreed value.
Newbie, Bronco appraised at $100K,...?
No pictures, ....and want to drive any time, any where .....I think with that little information, it is a little difficult to guide you in the right direction. ....
No pictures, ....and want to drive any time, any where .....I think with that little information, it is a little difficult to guide you in the right direction. ....
Don't know how to add photos...
You have to become a Contributor ....sign up = $12. ... a year
Dbarnes72
Sr. Member
Don't know about insurance but I'll second the "crazy nice". She's a beaut.
An all stock Bronco is easy to get covered for agreed value but there are some usage restrictions. Anything that is modified for off-road is going to send up a flare. Hagerty would probably freak out if you sent them pictures of yours. Good luck!
Well that's kind of my problem i can get it insured if i want to sit it in a covered garage and drive it twice a month!
But it is a bronco and i want to drive the heck out of it...and have full coverage should something bad happen on the road!
But it is a bronco and i want to drive the heck out of it...and have full coverage should something bad happen on the road!
Hi, you want agreed value. You will probably need an in person appraisal, with a pile of receipts. You will probably have to say it is mostly for show and cruise nights because if you mention off road they will not insure for that and might not write a policy for you at all. Any off road damage will be on you no matter what. Your premium will reflect the agreed value. Some underwriters do not have any mileage restrictions, some do. Good luck
kmill23
Jr. Member
- Joined
- Dec 10, 2015
- Messages
- 57
And if you do an 'agreed value' policy of $100+k and somehow get them to cover unrestricted use, that premium is going to be a pretty penny.
Broncobowsher
Total hack
- Joined
- Jun 4, 2002
- Messages
- 35,184
The only agreed value policy I have is with Hagerty but that is for my boat.
All I can think of is trying to insure a $100k car for a daily driver is going to cost you about the same as a $100k super car for daily use. It isn't going to be cheap.
All I can think of is trying to insure a $100k car for a daily driver is going to cost you about the same as a $100k super car for daily use. It isn't going to be cheap.
Hi, if you value your classic much higher than book value you will need an appraisal. Your insurance co will have someone near you to appraise it.
Broncitis
MEB Founder
- Joined
- May 18, 2004
- Messages
- 5,267
All of ours are significantly over "book value" and did not require appraisals.
However, they are not insured for what they are likely actually worth since that costs even more. Its sort of self-insuring part of it and taking on some of the risk in the interest of lower annual premiums. Enough to cover what is invested in them, but not necessarily what they are now worth today.
I'm certain that the balloon chaser ambulance would appraise very high and likely sell even higher to the right collectors.
Sent from my XT1254 using Tapatalk
Nothing Special
Sr. Member
- Joined
- Nov 25, 2016
- Messages
- 820
Keep in mind that insurance companies typically make a lot of money. They do that by having people pay more in premiums than the company pays out in settlements. So chances are you will pay more than $100,000 in premiums before you will need to make a claim for that amount.
My way to deal with this is to not insure things that I can afford to lose. I don't have a $100,000 Bronco, and I'm not sure if I would feel like I could afford to lose it or not (I know I couldn't afford to replace it).
I'm not sure what this means to you, maybe nothing. But if you are going to use a $100,000 vehicle you probably have to pay for it twice if you insure it.
My way to deal with this is to not insure things that I can afford to lose. I don't have a $100,000 Bronco, and I'm not sure if I would feel like I could afford to lose it or not (I know I couldn't afford to replace it).
I'm not sure what this means to you, maybe nothing. But if you are going to use a $100,000 vehicle you probably have to pay for it twice if you insure it.
Germd
Full Member
- Joined
- Jun 16, 2014
- Messages
- 343
>>this. My guess is that if they even write a policy the premium will be exorbitant & will include exclusions for off road use.
That said - that is a SUPER nice rig!
That said - that is a SUPER nice rig!
- Joined
- Jan 19, 2004
- Messages
- 2,175
Mr. Blaker-
Don't know if this will help, but here are my experiences over the years:
Mid 2000's had to get a higher value rig(not your number but pretty cool for 2005/6) insured to ride a friend's trailer from NC to Cali- My local NC Farm Bureau Ins. agent required receipts, pics and written doc. He is a bit of a gear head and did like the rig-stated value policy deal.
Fast forward to 2011/12- went to the trouble of getting a "buggy with eb skins" titled ins. etc. Mainly so it would be covered when we went to different events. Still with the same company, had much better paperwork on the buggy making it a breeze to ins. Agent still wanted pics etc. Documented garage storage etc...... Paper trail is your friend.
Others have posted horror stories on "not covered for off-road use". Our agent asked if I would be taking it down the 1/8mile(he had my 'stangs ins. back in the day). I said, "no just trail riding".........He said cool-don't call me if you flop it in a comp!!!
Nice rig you have and welcome
Don't know if this will help, but here are my experiences over the years:
Mid 2000's had to get a higher value rig(not your number but pretty cool for 2005/6) insured to ride a friend's trailer from NC to Cali- My local NC Farm Bureau Ins. agent required receipts, pics and written doc. He is a bit of a gear head and did like the rig-stated value policy deal.
Fast forward to 2011/12- went to the trouble of getting a "buggy with eb skins" titled ins. etc. Mainly so it would be covered when we went to different events. Still with the same company, had much better paperwork on the buggy making it a breeze to ins. Agent still wanted pics etc. Documented garage storage etc...... Paper trail is your friend.
Others have posted horror stories on "not covered for off-road use". Our agent asked if I would be taking it down the 1/8mile(he had my 'stangs ins. back in the day). I said, "no just trail riding".........He said cool-don't call me if you flop it in a comp!!!
Nice rig you have and welcome
