KD-NJ Insurance Agent Posted November 19, 2020 Share Posted November 19, 2020 Ladies and Gentlemen: I'm trying to assist a long-time client value and insure his "baby.' He was there when it came off the line and was the first to start her up and hear her roar. The specific unit is a 1989 Mack R713 E9 500 VA Double Frame, 20K Front Axle, 58K Rear Axle with 142K Original Miles and a 15 Speed Transmission. He paid $20K for it when he found it and has put an additional $25K into it over the past 12 years. Based on my limited knowledge I'm guessing the value at somewhere between $60K - $100K but I'm really out of my wheelhouse here. FYI, its also garage kept in NJ and never out in the weather. Any help you can grant with establishing a realistic insurable value for this Collector is definitely appreciated. Thanks in advance for your advice! K! Quote Link to comment https://www.bigmacktrucks.com/topic/64979-insurance-for-collector-vehicles/ Share on other sites More sharing options...
KD-NJ Insurance Agent Posted November 19, 2020 Author Share Posted November 19, 2020 I've attached a pic of the unfinished product. 2 Quote Link to comment https://www.bigmacktrucks.com/topic/64979-insurance-for-collector-vehicles/#findComment-464041 Share on other sites More sharing options...
Brocky Posted November 19, 2020 Share Posted November 19, 2020 (edited) Contact Gary Mahan in Basking Ridge NJ or Matt Pfahl in Conn 203-266-6455 Both men are large Mack collectors and restorers and probably give you a good estimate. And may be on the insurance underwriters list of approved appraisers Edited November 19, 2020 by Brocky 1 Quote Brocky Link to comment https://www.bigmacktrucks.com/topic/64979-insurance-for-collector-vehicles/#findComment-464073 Share on other sites More sharing options...
Red Horse Posted November 19, 2020 Share Posted November 19, 2020 Well if you look at what Skip McKean's went for, and it did not have the heavy specs this has, that should put this well over 125? Assumes double frame has no "puff"?? Again, the pix shows a faded truck but assuming it has a decent new paint job this is a home run IMO. If I wanted a new heavy hauler, what would I pay-close to 200? And I would have a new POS! 1 1 Quote Link to comment https://www.bigmacktrucks.com/topic/64979-insurance-for-collector-vehicles/#findComment-464074 Share on other sites More sharing options...
mowerman Posted November 24, 2020 Share Posted November 24, 2020 antiques are usually in a different category...non commercial use.....you will probably be paying alot less than you expected...good luck...bob Quote Link to comment https://www.bigmacktrucks.com/topic/64979-insurance-for-collector-vehicles/#findComment-464341 Share on other sites More sharing options...
Red Horse Posted November 25, 2020 Share Posted November 25, 2020 6 hours ago, mowerman said: antiques are usually in a different category...non commercial use.....you will probably be paying alot less than you expected...good luck...bob Bob- The poster IS an insurance guy-he is trying to come up with a value on the vehicle before he quotes insurance rate. Quote Link to comment https://www.bigmacktrucks.com/topic/64979-insurance-for-collector-vehicles/#findComment-464353 Share on other sites More sharing options...
mowerman Posted November 25, 2020 Share Posted November 25, 2020 I appreciate the heads up and yes I expect I was trying to say is the cliant Will be surprised he’s probably thinking it’s going to be a fortune.... from what I hear they kind of go under a motorhome category.. this guy is probably looking for collision full coverage.... bob Quote Link to comment https://www.bigmacktrucks.com/topic/64979-insurance-for-collector-vehicles/#findComment-464363 Share on other sites More sharing options...
Brocky Posted December 1, 2020 Share Posted December 1, 2020 Also if his client is an ATHS member he can get a discount thru Haggerty Quote Brocky Link to comment https://www.bigmacktrucks.com/topic/64979-insurance-for-collector-vehicles/#findComment-464694 Share on other sites More sharing options...
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