In the event that the car is wrecked or stolen, the insurance company will not pay for something when they had no idea of its existence. If you own a classic sports car, you do not need to carry sports car insurance at the higher rate. You need classic car insurance....
The amount of the ACV offer is inevitably going to be less than thereplacement cost—the amount it costs you to purchase a new vehicle similar to the one that was wrecked. Unless you are willing to supplement the insurance payment with your own funds, your next car is going to be a ste...