Hey guys,

I am having to find the MSRP's for the vehicles I own to get them licensed and insured in Nevada.

Any suggestions on where I can go to find LOW ones (for taxation purposes and insurance premiums) would be appreciated.

FYI, I need the following:

1994 RR LWB

1953 S1

1966 SIIa

Thanks!

Michael

PS I'm still debating on how to insure the Serious One and the crewcab. Do I do a stated value and have them appraised or do I just set a 'reasonable' value on them and go with it? No bank leins on any vehicles, so I will only get collision (at least I think that's what I'll get....) I had a stated value policy on the S1 in Oregon for about 15K (yeah right...).

Let me give you a scenario:

Your on your way to go wheelin, or to a friends house, when BAM! an explorer clips your front end while running a light. You don't have photos, values, receipts, or proper documentation of just how MUCH (read high) the value of your rig is, especially with aftermarket or custom items. Oh and then you ask the insurance person for the true value.

I bet I could here his/her laughter from here in Denver.

This just happened to my friends toy. He is STILL arguing (politely). Pay more for the registration, and insurance, and have it accurate. It pays.
http://www.outdoorwire.com/cgi-bin/ultimatebb.cgi?ubb=get_topic;f=11;t=007698;p=2

the second page of the post has the pictures of the crash results

ok,

so what if I DO have pictures and time-cards, and receipts and invoices etc....ad nauseum to document the customization of the vehicle?

Does that prove I tried to commit fraud by lowballing the value in the first place, or does it help my case after by trying to demonstrate how much was actually spent?

I'm kind of leaning towards high-balling the value. (don't ask what it is...)

Originally posted by Serious One
ok,

Does that prove I tried to commit fraud by lowballing the value in the first place, or does it help my case after by trying to demonstrate how much was actually spent?

I'm kind of leaning towards high-balling the value. (don't ask what it is...)

The latter. It helps with replacement value. Fraudulent people don't keep receipts.

j

I get a questionaire each year from my insurance co. (Liberty Mutual) and this year (for the first time) it asks if any of my vehicles were "customized" and if it was they want an additional sheet attached documenting the customization.

Sound like they have run into too many issues like this and are trying to nip it in the bud...probably won't pay for customizations unless they are listed and will charge accordingly for what is listed...

As an aside....I REALLY like Liberty Mutual and have never has an issue with them fully paying a claim and they alway allow me to take the vehicle to the "high zoot" repair places here in Minneapolis...

Dave

huh...this is interesting, hadn't really considered the insurance replacemant end of it.

i just got insurance on my new 98 Discovery, and one of the questions was...."is the vehicle modified in any way"

i had never been asked that in the past, at the time i took it as a negative, thinking that when i try to add my trail rig to this policy i'm screwed, but.......

if someone wipes out my trail rig it could probably be as, if not more expensive to replace than a newer unmofdified.


i say try to get accurate values and make sure the insurance company is aware of what you have invested.....even if "repacement" will be damn hard.

ALWAYS get an appraisal. this is especially true with older sports cars, beefed 'stangs that get track time, etc. etc.

when i insured my old 930 a couple of years ago they didn't know what it was, and only had a category for 911. ended up having to pay for an appraisal and submit my record books to up the replacement value to un - laughable.

cheers,

I said this somewhat before, but you ever try to get a replacement on a 3.5k custom frame bicycle that was stolen? Document, document, document. If you can prove it, they have to pay it. It actually is good for the industry, as it cuts down on fraud.
j