Question for those of you who have big $$$ in your e30.

[Luke_M]

I'm just trying to decide what to do. I'll have five figures into it and is hate for something to happen and just get what a "1989 325i" brings. I don't have a DD besides my e30 but once it's paibted that'll definitely change.

That's exactly where I was at. Not to many good options/products in that situations.

My fear was getting in a situation like RSully. Car gets totaled, stolen or fire, etc and you're now having to argue with an adjuster how your "special" S50 is worth more than this or that. To risky. Having it all itemized with the cost appropriated and signed off on by both myself and the insurers gives me more peace of mind.

It's not perfect and there are surely other places that can do similar things but that's where I ended up. And the minute I get another daily the e30 will get a full collectors car, agreed value insurance plan. Way cheaper too from what I'm told.

[Rouvld]

Yup a boring ass m20 powered 4dr.

That car is immaculately clean!!

[Rouvld]

I lost $10k by not having the "proper insurance"...I had full coverage with Allstate...

In your opinion what do you mean by proper insurance? Like collector car insurance?

[endeavor]

I have Grundy which was less expensive than Hagerty for me.

Cabriolet's e30 is awesome, it's as close as you are going to get to a brand new e30.

[Rsully70sev]

I lost $10k by not having the "proper insurance"...I had full coverage with Allstate...

[nando]

Its easy to have $20-25k into a non m if you've owned it long enough. I stopped counting in 2007 and that was like $15k.. I've had it long enough that some things like suspension I've redone several times.

[Cabriolet]

Yup a boring ass m20 powered 4dr.

[Rouvld]

I'm edging 30k and >2600 hours into my e30. I have full coverage and they will cover what i have in receipts. The issue is the hours and hours and hours that I cant get back.

I drive with my head on a swivel and I don't DD it.
Grundy has been recommended to me. but i still have state farm. SF has been good to my friends that have had accidents.

�� 30k in a regular e30? I'll have about 13k into mines once I'm done. I have State Farm as well. And when you say receipts do you mean just for a "new items"? All of the parts going on my car are oem genuine bmw and I have all of the invoices for but they are/are going to be some big ticket used items.

[Cabriolet]

I'm edging 30k and >2600 hours into my e30. I have full coverage and they will cover what i have in receipts. The issue is the hours and hours and hours that I cant get back.

I drive with my head on a swivel and I don't DD it.
Grundy has been recommended to me. but i still have state farm. SF has been good to my friends that have had accidents.

[MonkeyMadness]

I carry a gun...

[Rouvld]

I'm just trying to decide what to do. I'll have five figures into it and is hate for something to happen and just get what a "1989 325i" brings. I don't have a DD besides my e30 but once it's paibted that'll definitely change.

[Luke_M]

I was in a unique spot of having a car that meets those same requirements but was also a daily driver. With some work I was able to get a full coverage policy that had agreed value on the itemized modifications. Because it was under $25k and my agent fought a little, I was able to get this without an appraisal. Although I don't see how an appraisal could hurt, it was just the hassle. It's not perfect but in my mind it's better then fighting after the fact.

The agent did tell me that if I had another car as a daily then the whole thing would become much easier but as far as I can tell I'm in a better spot then I was before when it was simply insured as an 1989 325i. The rates were pretty competitive too. I'm actually paying slightly less than before.

[e30austin]

Agreed to what all the others have said. Collector's insurance and an appraisal is an absolute must if you're in the five figure club (which isn't a whole lot of us here).

[ak-]

Full coverage. Get wrecked, hire an appraiser to help get actual cash value.
Multiple friends have done it successfully so far - just takes persistence.

[agent]

American Collectors, Grundy and Hagerty all offer agreed value policies. Grundy was the best option in my case.