Declared Value Auto Insurance Through LLC

bretlasalle

New Member
1
Hi There, I am having trouble finding an auto insurance policy that fits my situation. I have a vehicle that I am registering through my Montana LLC. For this particular vehicle I am only interested in a declared value policy. It's a japanese import and I'm worried that in the event of a loss, the insurance company will not reasonably assess the value. There are plenty of auto insurance groups that have told me they would do declared value insurance for just myself, but not for my LLC. Does anybody have any experience here, perhaps suggestions on auto insurance companies that will help me? Thanks in advance!
 
Hi There, I am having trouble finding an auto insurance policy that fits my situation. I have a vehicle that I am registering through my Montana LLC. For this particular vehicle I am only interested in a declared value policy. It's a japanese import and I'm worried that in the event of a loss, the insurance company will not reasonably assess the value. There are plenty of auto insurance groups that have told me they would do declared value insurance for just myself, but not for my LLC. Does anybody have any experience here, perhaps suggestions on auto insurance companies that will help me? Thanks in advance!

Are you talking about Agreed Value or Stated Amount?

At MGB Insurance Services we'd probably look at Chubb/ACE or Encompass.
 
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