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"Stated Value" is no good either. You need to get an insurance company that offers "agreed value" coverage. 'Stated Value" is simply your statement of the trailer's value, but it allows the insurance company to go back to the NADA books when a problem arises. "Agreed Value" is where the insurance company requires an appraisal be done on your trailer. I had my appraisal done by an Airstream dealer. You submit the appraisal to the insurance company, they accept it and price the insurance you purchase according to the appraised value. Should anything occur, you are covered for the appraised or "agreed" value.
When I last checked, the only company offering "agreed value" insurance on Vintage trailers was Progressive. I had a claim on my trailer last year insured with Progressive under an "agreed value" policy. Progressive paid the amount for which it was insured. I was very, very satisfied.
GStephens
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