Help! Ins Co wants to know price when new?

[mikekusa]

I'm lucky enough to have a car insurance company, NJ Manufacturers, that will insure my Starflyte but they want to know the cost when new. Near as I can tell mine is a 1966 Starflyte but it has the white overall paint with the Ultra red stripe/arrow.

Can anyone help here? A websearch doesn't give me much at all.

Thanks,
Mike

[LittleVintageTrailer]

Unfortunately, I can't help you. Our insurance company requires we give them a few "Comps". Meaning examples of what ours would sell for NOW so they can put a value on it.

[lusterbunny]

I think the reissued shasta go for about $22,000 maybe you could give them a price for the reissues

[orbitmonkey]

i am a claims adjuster (i have also worked as a fraud investigator and many years involved in injury and rehab). i have been involved in insurance for over 25 years. your insurer is wasting your time (imagine being asked what was the selling price of your 1968 shelby gt500 was, as they are going to base the value on the selling price in '68). get back to your insurer and ask them if they are an "actual cash value/ fair market value" insurer or a "replacement cost" insurer. if they are a "fair market" insurer...get an evaluation on your trailer and then insure with the fair market insurer and then take your appraisal to a company like hagerty's or a similar insurer. hagerty's or similar collector vehicle insurer's will either insure the entire rig (in which case pass on insuring with the fair market insurer) or give you excess insurance based on the evaluation. what this means is that you rcv fair market from one insurer and then replacement cost from the other as a top up. based on your insurer getting you to chase ancient msrp's is ridiculous. maybe you should go elsewhere regardless. (i used the mustang analogy as i have owned 9. i currently own a 1967 gt 390 fastback and a 1966 gt350...plus a '69 shasta plus a '73 sprite). i hope this helps. cam.

[universalexports]

That sounds like solid advice, as for the original price, I believe it was only in the $1,700-$1,800 range. I've seen some old adds posted up here in the past.

[orbitmonkey]

that sounds about right given the economics of the time. i like the $22,000 eval on the current shasta's. that outta mess the underwriters minds on that one!