What upgrades affect insurance?
Thread Starter
|
Mountain Pass
Joined: Jun 2017
Posts: 205
Likes: 9
From: West Palm Beach
What upgrades affect insurance?
I am about to finish the first round of restoration on my '64 F100 and was wondering how much it will increase my yearly cost for insurance.
New bed, bed wood kit, body work, new paint, upgrade brakes to dual master cylinder and new brake lines and new brake cylinders.
Motor stays the same, 223 I6, still drum/drum all around.
Just curious.
thanks,
rtc
New bed, bed wood kit, body work, new paint, upgrade brakes to dual master cylinder and new brake lines and new brake cylinders.
Motor stays the same, 223 I6, still drum/drum all around.
Just curious.
thanks,
rtc
Fleet Mechanic
Joined: Jan 2014
Posts: 1,541
Likes: 284
From: Billings Montana
Grundy insurance for 35K on mine is 258 dollars a year. I am limited on mileage to 5K miles per year but I have a 2010 dodge Ram bought new that just turned over 50K on the odometer so don't think I will be in trouble with 5K on my old Ford.
Laughing Gas
Joined: Sep 2012
Posts: 860
Likes: 13
From: Asheville, NC
I’m not sure what other states are doing, but last year NC jacked up the yearly taxes on classic vehicles to reflect their potential value. Tax assessment value on our 66 F-100s went from $600 to $11,000 each. With the current state budget financial meltdown and shortfalls, I would not be surprised if this unjust dirty trick comes to a state surrounding you soon.
Trending Topics
Tuned
Joined: Feb 2017
Posts: 324
Likes: 6
From: SoCal
I pay $336 a year for full coverage on my 65. I have her insured for 15K but have thought about increasing it. Hagerty is now saying it is valued at 16K. When I bought the truck it was valued at 13k so it is nice to see the value increasing. If you have a good driver's record then Hagerty is very reasonable and great to work with. I drive it on weekends and such but due to low miles per year the insurance is not much.
FTE Stories
Ford Trucks for Ford Truck Enthusiasts
10 Things Every Truck Owner NEEDS (2026 Edition)
Michael S. Palmer
Rezvani's Latest Post-Apocalyptic Monster Is a Ford F-150 Raptor Underneath
Verdad Gallardo
Top 10 Most Expensive Ford Trucks Ever Sold on Bring a Trailer
Joe Kucinski
2027 Ford Super Duty Buyer's Guide (Every Model, Engine, & Package)
Brett Foote
Top 10 Ford Truck Tragedies
Joe Kucinski
AEV FXL Super Duty - the Super Duty Raptor Ford Doesn't Make
Brett Foote
Lobo Vs Lobo: Proof the F-150 Lobo Should Be Even Lower!
Michael S. Palmer
Ford's 2001 Explorer Sportsman Concept Looks For a New Home
Verdad Gallardo
10 Best Ford Truck Engines We Miss the Most!
Joe Kucinski
Post Fiend
Joined: Apr 2002
Posts: 19,311
Likes: 97
From: Waterloo, Iowa
"Nice Truck you got there! You should give us $500".
Laughing Gas
Joined: Sep 2012
Posts: 860
Likes: 13
From: Asheville, NC
Yes, property tax assessed each year when you renew tags. Anything 25 years or older gets the “classic” classification. They use the median value of all sales of 1966 2WD F-100s as the tax value.
Fleet Mechanic
Joined: Sep 2016
Posts: 1,459
Likes: 70
From: Southern Maryland
I have agreed value on my '69 Mach1. Until recently I had unlimited mileage and $60K of coverage, but I decided it wasn't worth the price. They no longer offer that option at any price, but they did allow a 3000 mile/year limit when I revised the value down and gave up unlimited mileage. I told them that I occasionally drive coast to coast and they said no problem, just let them know when I was going on a trip.
Thread
Thread Starter
Forum
Replies
Last Post
BULLETPROOF4.9
1961 - 1966 F-100 & Larger F-Series Trucks
8
Sep 15, 2015 05:47 PM
fast frank 66
1961 - 1966 F-100 & Larger F-Series Trucks
15
Sep 11, 2003 10:47 AM