At 02:54 PM 10/25/01 -0500, you wrote:
>Hi gang,
> I just spoke with my insurance agent, and raised the question of if
anything
>special was required for my bikes. The agent's only concern was that the
bikes'
>value be appraised, and suggested that I take the bikes to a local shop for
>this. My thought was that most shops would look at a steel bike with
friction
>shifting and say that it was worth next to nothing.
> So.. my question to the esteemed CR group is: how do you document the
value of
>your collection? What do you plan to present to your insurance agent in
the
>event of theft or fire? Has anyone actually had to do this?
> To be honest, only my 74 Raleigh International is in incredible shape,
and the
> sum of my bikes' values would add up to $6k at most. Maybe I just hate
the
>thought that the insurance company would tell me that a modern Raleigh was a
>suitable replacement for my International.
>
>thanks,
>Steve Kurt
>Peoria, IL
Print out and save the results of equivalent ebay auctions. Not too difficult for relatively common things like Ints. Puts you in the replacement value range. Most bike shops don't have a clue unless they're selling vintage stuff.
Larry "paper blizzard" Osborn