Insurance question?

[jac04]

A few of us here may use our rovers in the way that a collectors insurance policy intends us to use them, but I dare say that most of us don't and ought to just get a regular old agreed-value (not stated value) policy.

Here's a good write-up on the difference:

http://www.lelandwest.com/stated-value-vs-agreed-value-classic-car-insurance.cfm

[Ross72SIII]

Why risk not being covered by your collector's insurance because you T-boned a Kia when you were entering the roadway from a field 150 miles from your house? The insurance company will gladly accept your premiums based on the lies you told them, but they won't pay a thing if you were not operating within the limitations of your policy.

I checked out all the options and just went with a regular policy vs. some wacky business. I probably pay $500 more a year, but it boggles my mind why someone would set themselves up for that kind of trouble. Everyone is sue happy these days...Even if its completely the other drunk-high-uninsured-idiots fault they will still lawyer up and try to turn it into your fault! Why give them ammunition?