Quote:
Originally Posted by kevins2
I'm not an insurance expert by any means, but I don't believe these cars follow the same depreciation rules as a "normal" car. The market is certainly a factor, but it is more likely that your Cobra replica will be worth close to its original value over time (or even more, possibly) than your daily driver would...or even a Mercedes.
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That's my point, if the market goes up, so does the replacement value of my car. If it goes down, so does mine. Still based on real world prices, and I don't pay for an inflated agreed value. What if the actual value of your car exceeds the agreed value that you originally signed up for? Do you only get the lower amount?