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Old 10-04-2013, 02:00 PM   #1
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1968 17' Caravel
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Value of '68 Caravel for insurance?

After seeing some friends fighting to get the agreed value on their classic cars after accidents, and watching the sales of vintage trailers lately, I'm starting to think I might want to get the Caravel re-appraised and adjust the Agreed-On Value insurance we have on it. I currently have it appraised at $13k back in 2005 or so, but I'm thinking that value is sounding a little low for a fully restored (new floor in the front half, new axle, new or rebuilt appliances, good condition coverings and curtains, excellent exterior, everything in ready-to-camp condition) and completely usable Caravel.

How can I figure out the right number for what it might cost to replace my lovely trailer?
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Old 10-04-2013, 03:36 PM   #2
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The most I was able to get my 68 Caravel insured for was 12K through Progressive. Let me know how it turns out.
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Old 10-04-2013, 04:01 PM   #3
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Hmm, mine is already through Progressive. Typical, it seems like these insurance companies never treat two customers the same anymore.
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Old 10-04-2013, 11:28 PM   #4
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I would suggest getting a new appraisal done by an accredited appraiser who can backup his work in court if need be. If your last one was in 2005 it's out of date and probably undervalues your trailer.
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Old 10-05-2013, 12:02 AM   #5
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I'd highly recommend Jim Polk. I met him at at the vintage trailer restoration rally in NM. He can do an appraisal remotely via pictures ( just did one for my sister) and IMHO it's worth every penny. My sister said that her insurance company said it was one of the best they'd had. He can be reached at Japolk@jps.net. He knows Airstreams!
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Old 10-05-2013, 02:55 AM   #6
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Thanks, that sounds interesting. The only appraiser I could find locally to do it didn't know anything about Airstreams, but he took my word for the value of it and wrote up a nice report for the insurance. It would be good to work with someone who actually knew more about them.
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