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Agreed Value Insurance - A great option in NOVA & No Garage Requirement

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    Agreed Value Insurance - A great option in NOVA & No Garage Requirement

    After picking up my new E30 I was somewhat uncomfortable knowing that if I was in an accident or if my car was stolen, I could very well be shafted by the insurance company by trying to give me only a few grand due to bluebook on my car.

    I looked and looked for an agreed value/collector policy but always had one problem. I don't have a dedicated/personal garage. Additionally, some of the big name companies such as Hagerty ect. are pretty strict about car usage and are pretty much only for official car events/shows.

    After calling numerous companies, I came across something for Farmers insurance and checked into it. I looked up a local agent and gave Glenn Fischer a call. He was able to get me full coverage and an agreed value despite not having a garage through a small family owned insurance group. Glenn was super helpful and easy to work with.

    I was also able to setup that I would allocate 1000 miles a year to car events and 2000 miles a year towards pleasure driving. A lot of the collector policy do not allow simple pleasure driving. The policy still will not cover this as your primary car. You must have a second as your primary daily/commuter car.

    I just wanted to pass along his info in case anyone else was interested.

    Glenn Fischer
    Farmers Insurance
    703-337-0924 (Office)
    gfischer@farmersagent.com
    http://www.farmersagent.com/gfischer
    Last edited by Zeemz; 04-24-2017, 01:08 PM.
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