View Single Post
Old 05-26-2013, 08:55 PM   #7
littlemags
finally paid for
 
littlemags's Avatar
 
Join Date: Nov 2004
Location: Ypsilanti Twp, Mi
Posts: 4,077
Re: insuring a high priced build

Quote:
Originally Posted by devous1 View Post
I just got my car back last week after dumping **** tons of cash into it for about 2 yrs straight. I insured both our Machs through our insurance company (Cincinnati Mutual). I put it on over a year ago to cover the build incase something happened while it was at the shop or during transport to the painters, exhaust or other specialty shops. So I don't remember the specifics.

I do remember that they wanted an appraisal, I kept the value at $49,999, if I remember right we were able to avoid the appraisal by staying under $50k. We are restricted to under 4,000 miles a year which is no problem for us. The other reason we kept it under 50, is so my wife wouldn't know exactly what I've spent on it.
that is a GOOD idea...(on the wife not finding out what we have spent..LOL)
__________________
2004 mach 1-turbo build in progress..
Fast xfi 2.0
OLD combo-
826rwhp/720 trq -100 shot NX
9.13@154 on 100 shot
NEW- in progress...
littlemags is offline   Reply With Quote