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  #1  
Old July 22nd, 2012, 03:32 PM
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Pierre Jourda
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Insurance Appraisal

My 1987 110 is insured in OR, and 3 years in the insurance company has decided it needs an appraisal. I have a "stated value" policy valuing it at $40k. Have any of you ever gone through this process? Is it pretty straightforward to find an appraiser who knows what these vehicles are worth? Thanks, Pierre.
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  #2  
Old July 22nd, 2012, 04:12 PM
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Jason Zolezzi
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I just went through this here in Ca. It is pretty simple just dont go the cheap way, some guys will just ask what it's worth and print out a one page appraisal. Get someone that will take pictures and do a little research, they can attach other adds for similar trucks and what they are selling for. It should be at least a few pages and include as much info as possible. I found the appraiser through a local classic-exotic car dealer. It was 250 and from what I am told that is about right for a good appraisal. Good luck
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  #3  
Old July 22nd, 2012, 04:50 PM
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Jason Lavender
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I found someone (ironically a board members father) that is well respected in the car community and appraisal world to do mine. He may have contacts out west if you'd like to pm me I can shoot you details

Curious...who is your stated value policy though? Be re-assessing my coverage.
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  #4  
Old July 22nd, 2012, 05:45 PM
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Jason Zolezzi
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You need to be careful with the stated value policy. I have been doing quite a bit of research and you should have an agreed value policy. From what I have discovered a stated policy is risky because the insurance company can change the stated value if you file a claim. Check out this link. I was able to get a pretty good policy through Safeco insurance, they are a Liberty Mutual Company. I tried Grundy and Hagerty and they both have really strict guidelines as to what you use the car for.

http://www.hhrvresource.com/Images/P...reed_Value.pdf
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  #5  
Old July 22nd, 2012, 06:33 PM
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Tom Rowe
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If you have any Rover parts dealers near you check with them. Some may be certified appraisers (for instance, DAP was last I heard, but that was quite some time back), or they may know someone local who knows Land Rovers.
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  #6  
Old July 22nd, 2012, 09:29 PM
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Mike Pado
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Quote:
Originally Posted by Antichrist View Post
If you have any Rover parts dealers near you check with them. Some may be certified appraisers (for instance, DAP was last I heard, but that was quite some time back), or they may know someone local who knows Land Rovers.
Tom,
Do you know an appraiser in the Atlanta area? I should have done on my trucks.
Thanks,
Mike
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  #7  
Old July 22nd, 2012, 10:24 PM
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Pierre Jourda
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Quote:
Originally Posted by jayz View Post
You need to be careful with the stated value policy. I have been doing quite a bit of research and you should have an agreed value policy. From what I have discovered a stated policy is risky because the insurance company can change the stated value if you file a claim. Check out this link. I was able to get a pretty good policy through Safeco insurance, they are a Liberty Mutual Company. I tried Grundy and Hagerty and they both have really strict guidelines as to what you use the car for.

http://www.hhrvresource.com/Images/P...reed_Value.pdf

Safeco is who I use-hopefully I have the best set up. Thanks for raising this.

------ Follow up post added July 22nd, 2012 07:25 PM ------

Quote:
Originally Posted by nathanwind View Post
I found someone (ironically a board members father) that is well respected in the car community and appraisal world to do mine. He may have contacts out west if you'd like to pm me I can shoot you details

Curious...who is your stated value policy though? Be re-assessing my coverage.
Policy is through Safeco. Tony, his son, pinged me as well. Thanks much.
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  #8  
Old July 22nd, 2012, 10:36 PM
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Tony Brooks
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I'll fess up publicly: my father has been a certified collector car appraiser for several decades. He primarily does Rolls' and Bentleys but is up to speed on defenders (imagine that) as well as myriad other collectable cars. I can guarantee that I will not see one red cent of any work that he gets (understatement of the century), but if you need an appraiser, he is damn good, very thorough and honest to the point that he frequently turns down work for people that are not looking for an honest appraisal.
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  #9  
Old July 22nd, 2012, 10:45 PM
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Jason Lavender
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Quote:
Originally Posted by Abrooks View Post
I'll fess up publicly: my father has been a certified collector car appraiser for several decades. He primarily does Rolls' and Bentleys but is up to speed on defenders (imagine that) as well as myriad other collectable cars. I can guarantee that I will not see one red cent of any work that he gets (understatement of the century), but if you need an appraiser, he is damn good, very thorough and honest to the point that he frequently turns down work for people that are not looking for an honest appraisal.
I can't second strongly enough what Tony says above. His dad did my appraisal (as I alluded to), and was thorough, honest, straightforward, and at the end provided me with a VERY comprehensive report that was overly detailed with photos and pages of supporting documentation.
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  #10  
Old July 23rd, 2012, 05:44 AM
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Tom Rowe
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Quote:
Originally Posted by d110pickup View Post
Tom,
Do you know an appraiser in the Atlanta area? I should have done on my trucks.
Thanks,
Mike
No, sorry, never looked for one.
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Tom Rowe
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Four wheel drive allows you to get stuck
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62 88 Regular
67 109 6cyl NADA x2
74 Lightweight - The Antichrist
95 DI 5-speed
95 D90 5-speed
97 D1 Automatic
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