so how do you insure your Q beast????

[paranoidjack]

I have full coverage. Regardless of what it's worth to someone else, I know what it's worth to me.

[qsiguy]

Kept full coverage up until a few months ago. Insurance wouldn't cover a fraction of what the car is worth so if it gets wrecked I'll either just fix it or part it out.

[TellarHK]

I'm only carrying liability, because as much as the car might be worth to me, I know full well that any insurance company will just say "Sorry, it's only worth $XXXX." and total it out in order to hand me a check worth less than a couple years of premiums at best.

Insurance companies only give a damn about you if you're insuring something that's cheaper for them to fix, than write off.

[elwesso]

For me, the only time I'll really lose out is if the car gets stolen.. Even if someone hits me, i get a settlement, buy the car back and have a ton of parts.

If you can prove that you spend a reasonable amount of money on the car in repairs and other things a lot of times you can do better...

Still, it would probably be better just to pay yourself into an account the difference between liability and full coverage and have that extra money for a rainy day... it would certainly go farther because once theres any sort of frame damage, its a parts car for sure.

[oldmako]

Hell on the Xenon Q41's it's a parts car (totaled) if you manage to break both headlamps!

I carry collision because I am such a s***ty driver. Also because it's so cheap that it makes sense. If I bust up my car without it I am totally lost. With it I get a little sack of cash to find something else. Granted that it's a very little sack to be sure, but adding collision is cheap coverage with Geico. Get two quotes, one with and one without and then decide.

[jltibbs]

Full coverage. Period.

[MinisterofDOOM]

I have full coverage. Regardless of what it's worth to someone else, I know what it's worth to me.

Exactly.

[BadQ45t]

Full coverage on every car I own, always. Bottom line is that if my Q gets hit the repair bill is always north of 1k, I got hit in a parking lot and it cost $3500 bucks to fix about 4 years ago....so just add it up. they cost no less to fix (they actually cost more) today than they did when new and unless somebody really creams you out big time you can prove to the insurance company that the car is well treated and in great shape.

[TellarHK]

Unfortunately, Kelley Blue Book only ranks an -Excellent- condition '94 Q at 128K miles at $2,750. And since pretty much any sort of hit will do at least half that in damage, they'd be more inclined to just say "Here's $2750, good luck. And your car's salvage now."

If that's not the process, I'd be quite surprised.

[Q45tech]

Shop for stated value limits if you can prove that repairs replacements add value or cost to vehicle like a brand new $4,000 transmission, $5,000 paint job, new leather seats. You and insurance company agree on a number you pay EXTRA and that is the amount they will pay.

Shouldn't be more than $1000 per year above the price of liability, uninsured, medical , etc.

If the Feds pay $3500 minimum for crushing a working guzzler any car is worth that is part of arguement as long as program lasts.

[BadQ45t]

Don't be fooled by a KBB statement, if you can show what your car looked like, the amount of $$$ you put into it, they will pay more. You need two things, a good agent and proof. You might also need to spend some time to prove it.

Stated value for an older car with little perceived value is the way to go. I have a 84' 300ZX that i am the original owner, it is not perfect in any way but it is very clean, runs perfectly, and had a very nice paint job (done in 1991). I have it insured for $7500 stated value.

My take is it is no even close to 1k extra per year, I pay for 4 cars (99' Sentra, 97' Q45, 84' 300ZX and 05' Xterra) for 2k total per year. I would only save $600 per year to reduce collision and comp insurance. One hit in any car and that is paid for years to come.

Even if you got worst case KBB and they gave you 3 grand, what did it really cost you in the difference over the years?

[lino]

Always full coverage for all of my cars.

[lino]

Don't be fooled by a KBB statement, if you can show what your car looked like, the amount of $$$ you put into it, they will pay more. You need two things, a good agent and proof. You might also need to spend some time to prove it.

Stated value for an older car with little perceived value is the way to go. I have a 84' 300ZX that i am the original owner, it is not perfect in any way but it is very clean, runs perfectly, and had a very nice paint job (done in 1991). I have it insured for $7500 stated value.

When I first bought my car I invested thousands of dollars the first couple of months. Then I got a professional appraisal stating my car was worth $9500 and gave that to the insurance company.

I wonder if after each year passes does that value depreciate? Will your stated $7500 value depreciate? I have invested so much more since the appraisal and I'm still investing now.

[elwesso]

how do I get my insurance company to insure for an "agreed" value. I'd love ot do that even if it means that I pay more.

[Moose29]

Minimum required liability coverage for me since I only drive my Q when it is raining and I don't want to ride my motorcycle. Here in Arizona that is occasional at best (less than 2,000 miles in the 8 months I have had the car). Basically I bought it to sit in my driveway and look good.

[marlin29311]

how do I get my insurance company to insure for an "agreed" value. I'd love ot do that even if it means that I pay more.

It's not a question of how, it's a question of who. Not all insurers will use Agreed Value for the payment basis - many just stick by Actual Cash Value, or market. Do you have a direct writer, or do you go through an independent agent?