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      12-02-2021, 06:14 AM   #13
grannyknot
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Drives: 2008 Z4M coupe
Join Date: Oct 2021
Location: toronto

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Quote:
Originally Posted by Lucky1 View Post
I don't understand, I spoke with both a claims adjuster and the policy rep and each told me they would review Autotrader ads for three similar examples and offer based on that. If that is their approach how would I end up with $2,500?

Getting lost here guys. My car is a 2006 Z4MR with 66,000kms or so. I figure market value is easily $25k - $30k on auto trader. What are we saying Allstate would pay me and why? If its way less than that Hagerty it is.
All I can tell you what my broker and the insurance companies that I contacted told me. My broker, Clyde Robertson Insurance, who has handled all my insurance needs for more than 30 yrs recommended that I go with Hagerty because he couldn't find any other coverage that would come close to what they were offering for the same cost.
Allstate told me flat out for my 2008 Z4MC that for a car that old they would only payout $2,500.
I would just check the fine print carefully if your guy is saying something different.
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