Insuring reno'd '71 Airstream in locked garage $565/yr. High?

[jholder]

Hey guys-- Just purchased a renovated '71 AS Trade Wind for $16k. I was referred to FCIS who writes Progressive. They said they would write the policy for $16k, but I would ultimately be at the mercy of the adjustor in the event of a loss. Even with a $1k deducible, it was at $482 per year. That sounds high in comparison to what I've been hearing. And, ultimately, I would be concerned that they could say my value was at, say, $4,500 in the event of a loss and I'm just out.

In addition, this is being kept in a locked warehouse which also has a locked perimeter fence. Does this sound about right or high?

Waiting on a second quote from Allied.

Side note- great driving record, no tickets, etc.

[1Boyscout]

get a quote from Haarrtford as an AARP member. I have a 2015 Serenity, iinsured for less than $200.

[pappy19]

I have a declared constant value of $50k on my 2002 Classic from Farm Bureau and a constant $15k on my '96 Ford Bronco. Both are way above the "blue book" value and I pay some extra for that on my "declaration" sheet, but worth it to me if anything did happen to either of those rigs. You might ask your agent about that.