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Review why ACV is critical for insurance and how it differs from replacement value.
The suit alleges that State Farm refuses to pay the full hourly rate charged by mechanics certified to repair luxury autos.
Insurance and financial services pros can use this data to advise clients who are looking for affordable outposts.
Hagerty's 2023 Bull Market List highlights vehicles that could increase in value, which should drive some collectors to review their policy's agreed value.
Although drivers felt pressure from higher premiums, a majority of consumers didn't shop around for lower rates in 2022.
When broken down by vehicle type, Forbes found minivans were the least expensive to insure on average and coupes were the most expensive.
Each of the classic rides on this list sells for $15,000 or less, according to HotCars, which notes these prices might not last for long.
The devil is in the details when it comes to insuring wine collections.
American Modern's Rick Drewry discusses insuring collector vehicles in this Insurance Speak podcast.
Many of the dream cars on Hagerty's list may have unexpected price tags but can also be surprisingly affordable to insure.
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