If you've done any work that would increase the value of your '02, you'll need an appraisal.
You can opt for a '19' policy or a '19A' policy.
The difference between the two is that the '19A' policy is an agreed upon value policy based on the appraisal you submit.
The '19' policy is an appraisal that you submit that the company uses to establish the current value and it will start to depreciate every year...same as other vehicles on the road.
You’ll need to look into the insurance details though. Some will only insure for pleasure/show use only and you can’t DD the vehicle. And that includes you not being able to take it to the shopping center either. Some will also restrict the amount of mileage you do unless you notify them (e.g. driving out of the country to attend a car show).
If you need an appraiser, I’ve used Bramhall Classic Auto for my E12 appraisals and I’ve been pleased with the service.
He comes to the location of your vehicle and takes all necessary pictures/information.
Maurice Bramhall at 416-822-0096 or Toll-Free 1-866-532-3630 or Email:
maurice@bramclassauto.com