The 1947 - Present Chevrolet & GMC Truck Message Board Network - View Single Post - Update...Insuring your truck...a note of caution.

brendonak · 01-21-2009, 01:02 PM

If you guys don't mind saying, how old are you? I'm 23 and the way my truck is insured is they take the original MSRP from 67, apply depreciation to it, and that is the amount that the truck is worth according to them. Normal coverage is applied, property damage, etc.

Basically they value my truck at like 20 bucks, since it was about 1500 new in 67. I tried a classic car insurance company, but you have to have your license for at least 10 years (got mine at 16), and have an enclosed parking space (which i do not).

Oh, and I'm with USAA

01-21-2009, 01:02 PM	#11
brendonak Registered User Join Date: Jan 2006 Location: salem oregon Posts: 117	Re: Insuring your truck...a note of caution. FYI If you guys don't mind saying, how old are you? I'm 23 and the way my truck is insured is they take the original MSRP from 67, apply depreciation to it, and that is the amount that the truck is worth according to them. Normal coverage is applied, property damage, etc. Basically they value my truck at like 20 bucks, since it was about 1500 new in 67. I tried a classic car insurance company, but you have to have your license for at least 10 years (got mine at 16), and have an enclosed parking space (which i do not). Oh, and I'm with USAA