Re: Changed insurance to AAA
I insure three Model A's. My policy states: "Agreed Value with Inflation Guard-if the vehicle is destroyed or not able to be repaired, you will receive the amount that we agreed upon and is shown on your declaration page plus an additional 2% of the agreed value per quarter throughout the policy term." I insure with American Modern Insurance Group and my policy is entitled, "American Modern Collector Vehicle. My premium is $328 a year and my Model A's have agreed values of $15,000, $15,000 and $20,000. I have $0 deductible, some other coverages required by the state or desired by me, and a 1,000 mileage limit per car: restricted to occasional pleasure use. My life demands just don't allow me to tour so this coverage and cost fits well.
Last edited by BudP; 09-23-2014 at 09:41 PM.
Reason: added "mileage"
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