Anything other than an agreed value policy through a classic car insurance company is risky. Better read the very fine print on the State Farm policy. Last I heard there is a clause in it that allows them to get around paying the agreed value in a total loss situation. Also, if it's insured with a regular policy like your daily driver cars you will get shafted in case of a claim. Research it.....lots of people have been screwed. My buddy was a victim of State Farm last year. He has a 66 impala he just had painted. He asked my advice on insurance and told him to use Hagerty. He insured it with State Farm anyway. Just added it to his existing policy. A couple of neighborhood hoodlums tried to steal it out of his garage one night and scraped the whole side up pushing it out of the garage. He called his agent and they said since it was over 10 years old it didn't have much value and they would just total it and cut him a check for $750. He paid $6500 for the paint. So he ended up not making a claim and paid to get it repaired himself.
