[JAGNUTS] Insurance on these Old Chunks of Metal

[glen at accesscomm.ca]

Have whoever is holding the car right now have someone there appraise it and fax
back a copy to SGI or whoever you are going to get the policy through. This will
help insure its value during your trip home. Or just do the basic plates before
you leave and have it appraised when you get home. If you are a gambler it is
very unlikely that you will have an incident on the trip back.

On a side note how much has the car been used, especially in the recent past? If
it's been sitting for some time you may want to have it checked out or have
someone there take it out for a couple of hours to make sure you don't have any
surprises when you hit the road. Or have it shipped back. Darren, feel free to
chime in here.

Glen
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Quoting Jennifer & Glen Perchie <gperchie at accesscomm.ca>:

> Hi all:
>
> I'm relatively new to insuring antiques in Saskatchewan.  I just inherited
> my Dad's 1960 MGA.  The car is pretty darn sweet (even supercharged).  I
> went to get plates on it today, so I can go out to BC and drive it home to
> Regina.  That didn't go so well...
>
> 1. Because the car is a "gift" the lady at CAA didn't know what value to put
> on the "SAM".  She was told to place the value at $3,000.  The car is worth
> around   $20,000 - $25,000.
>
> 2. She told me that even if I were to claim the value (and pay the PST on
> $20,000), it may only be valued at a small amount because it is an antique.
> For me, the issue is not about paying the PST.  I'd gladly do this would
> help secure the value on the car.
>
> 3. Her recommendation was to have it appraised - This presents a problem,
> because the car is in BC, and I had planned to pick it up and tour through
> Calgary and Edmonton (and so I would like to somehow insure it for a value
> closer to what it is really worth).
>
> Without an appraisal (hard to do when the car is in BC), any ideas on how I
> make sure the car is insured for "replacement value"?
>
>
> Thanks!!!
>
> Glen Perchie  (soon to be a Starbucks/Melrose coffier if I get this darn car
> home!)
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