[special-K]

From my experience the company asks the value, you tell them, and they price your policy accordingly. No questions on how I came up with that value. Show a few pictures, give your value, pay for insurance. Claim higher value/pay higher premium. One reason I have Haggerty is because they have no mileage limitations.

My Harley has been insured for $30k for almost 25 years. I never showed pictures, just stated the value based on what I saw bikes of same caliber going for...back then! They have no idea if it's been a dedicated show bike all these years or been rode hard and put away wet. I now I'd be lucky to get $10k for it in today's market, but the policy still states value at $30k. I figure if it came down to a claim, that is when they tell me what the bike is worth...today. They may not pay out the amount on the policy, but it's cheap and the high value policy should allow for repairs no matter the cost.