[economix]

This brings up another point.

Get proper insurance on your car if you want it covered properly against your losses. These cars have LOW values according to KBB for example and insurance companies historical data on depreciation over time. You can always get a policy for X-dollar values, but you'll pay more of course. However, trying to get more for your car after the fact lays the burden on the owner and we all know here that our favorite project car isn't worth much generally speaking.

Worse yet, if you happened to have tricked your car out for say $10K or more, don't expect to get that $10K unless you've had it appraised, filed receipts with the insurance agency (simple picture works) and are paying accordingly.

Asking after the fact leaves a lot of work and stress on you the owner.

As the saying goes, Proper preparation prevents poor performance.