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Insuring a modded k5...

COG= Center of Gravity...K5's have a short wheel base and with that much lift you'll be "top heavy"...I have 8" on 38.5's and I'm fine in my standard cab short bed k10 which is only a touch longer than a K5 I believe...

Another problem is the size of the pinion/ring in a 10b when you go with deep gearing in a 10b, so thats something to think about besides the fact that you are putting a lot of torque through the axles.

If you are going to be 90% or more on the street boggers are going to be a PITA...that being said it looks like a solid truck, plus the fact that it has fuel injection is nice.

Everyone is different...if it was me and I was looking for a rig to just cruise around and maybe hit some mud or sand every once in a while that looks like a nice choice.
 
As far as insurance goes.....

Just tell them it's stock....

They will jack up your premium if you tell them that it's lifted, etc...not because it's worth more, but because they think now that you must be some sort of "hotrod" and are a higher risk driver.

These trucks are too new to fall into the classic car insurance class, which would be ideal because they will insure really well, and don't charge you much because they know most classic cars see minimal mileage and have good drivers.

Just pay for a stock truck, and pay attention when you drive. Most insurance companies will give you an automatic $1K or so for free, towards aftermarket stuff. If you have to pay for all your aftermarket parts, you'll eventually pay out half or more of what all the stuff is worth and then your insurance company will likely screw you anyway, and depreciate everything, haggle, and give you half of what it's worth back.

I've found, get the cheapest insurance you can that still covers you and the other person well, and pay attention when I drive. if I get in a wreck, I'll claim my $1K worth of stereo/billet grille/fancy lights.... and get that money.... and build a new truck on my dime.

Moral of the story, try not to crash...:haha:
 
I am not worried about accidents. I am mostly concerned with theft or vandalism. I probably would not even purchase collision coverage. It's more about if it ever gets stolen than anything else.
 
rjfguitar said:
As far as insurance goes.....

Just tell them it's stock....

They will jack up your premium if you tell them that it's lifted, etc...not because it's worth more, but because they think now that you must be some sort of "hotrod" and are a higher risk driver.

These trucks are too new to fall into the classic car insurance class, which would be ideal because they will insure really well, and don't charge you much because they know most classic cars see minimal mileage and have good drivers.
Click to expand...

15 years is considered a classic car by most. Here is some information for all who ask might be a good information post in a FAQ section of forum. Here is some of the research I have stored and saved. :doah:

This section is from Hagerty Insurance.
What are the different kinds of insurance coverage? There are three types of automobile insurance offered today: Actual Cash Value (ACV), Stated Value, and Agreed Value. ACV coverage is what insures most everyday cars and pays out a depreciated "book" value in the event of a claim: the older a car is on an ACV policy, the less value it has. Some insurance companies offer Stated Value policies for collectibles. These policies are better than ACV because they allow you to "state" a value for your vehicle greater than its depreciated "book" value. But, Stated Value can still depreciate vehicles because the policies generally require the insurance company only to pay "up to" the "stated" amount. Only Agreed Value insurance policies guarantee you will get all of your money back in the event of a total loss. There is no depreciation of a car's value with an Agreed Value policy. This is why Hagerty offers only Agreed Value coverage to its customers.

What is the difference between insurance specialty programs for collector vehicles? Although there are several fine specialty programs, there are differences among them. Levels of service, rates, types of coverage and claims handling all vary from program to program. Anyone insuring a collectible should research all programs before making a final decision. Varying costs should be considered, of course, but should not be the determining factor. REMEMBER when buying insurance you are buying "service" so first look for quality customer service, excellent claims handling, knowledgeable staff who know and understand collector vehicles, and an overall impression that they care about you as a customer.

How do you value a classic? While we are not in the business of appraising cars, we are in the business of insuring the "value" of cars. So we spend a great deal of time watching the market value of cars and helping people adequately insure their car for an appropriate value. With this, there are many factors that we consider when valuing a vehicle. The first consideration is whether the car is a stock original vehicle. If so, there are many resource guides and pricing books that can provide value guidelines based upon the overall condition of the vehicle. These are somewhat less useful for newly restored vehicles and even less useful for street rods; because every newly restored car is restored to a different level of perfection and every modified car is different by nature. So with both newly restored cars and modified cars we dig a little deeper into the project, the amount of money spent on it, the type of parts used, etc. Our best advice is for people restoring cars or building a street rod to keep detailed lists of the work performed and receipts for all parts and labor. This will help us when attempting to insure the car properly and the whole process will be smoother. Occasionally, appraisals help but they're not always necessary.

The bottom line? Classic car insurance will save you a lot of money. Interested hobbyists and collectors can now afford to own, insure, and enjoy their classics because specialty insurance programs offer lower rates and better benefits than standard insurance companies. Hagerty Classic Insurance has been in the insurance business for five decades and in the specialty insurance field for fifteen years. As the leading specialty insurer of classic and collectible automobiles in the United States, Hagerty's goal is to provide superior service and programs to its customers. For additional consumer information on collectible car insurance, call Hagerty's friendly, knowledgeable staff at (800) 922-4050 or visit www.hagerty.com

THIS IS FROM STOVEBOLT's web site
Every insurer is different, so it is essential for the vehicle owner to ask the right questions and provide the insurer with the proper information. Doing so can make the process a little less stressful and more productive.
Here are some tips to help with the insuring process:
1. Ensure that your insurance agent is willing to work with you. Many are unfamiliar with classic vehicles and will either refuse to write a policy or push your classic vehicle into high-risk categories when it isn’t necessarily warranted. Insurance is calculated using claims histories on a company-by-company basis. If one insurance provider doesn’t have a history of claims on a given classic vehicle, rates tend to be very high. Don’t be afraid to shop around for an insurance agent who understands you and is willing to act as your advocate.
2. If you have a larger classic truck, such as a 1.5 or 2-ton Stovebolt, it may be more difficult to find an agent. This is an instance where your relationship is important. There is no arbitrary weight limit that will force you and your truck into a “commercial” class. The claims histories on these vehicles are very limited, which leads to problems for many hobbyists. Put your agent’s experience and enthusiasm to work for you to select an appropriate insurer for your Big Bolt. Commercial insurers are an option, as well as those catering to farmers because many of these vehicles are still routinely used in rural areas.
3. At the outset, establish an agreed value for your vehicle. If you fail to do this when you initially prepare the policy, you may have trouble settling with your insurer in the event of a loss. The owner should insure the classic at an agreed value to avoid this from happening. If you are currently working on your classic vehicle, it is recommended that you increase the value of your agreed value at least every year, or as often as progress on your project increases its overall value.
4. Make certain that the classic is insured for its purpose and know the policy restrictions. For example, some insurers will only insure classics within a 250-mile radius of the owner’s home. It may be better to insure a classic for unlimited distances from home with yearly limited mileage. Many companies offer policies for vehicles driven under 5000 or 7500 miles annually, which usually is quite suitable for most classic vehicle owners.
5. Make certain that you are adequately insured. Even though you may not drive your classic vehicle as much as one driven to and from work, don’t try and cut costs by underinsuring your liability limits. According to a recent insurance publication, the average cost of a lawsuit due to an automobile accident is over $290,000, so don’t lower your insurance liability limits just because your classic isn’t driven everyday.
6. Is your vehicle in storage or undergoing restoration and not drivable? Make sure you consult your agent regarding what is appropriate coverage given the storage and use of your vehicle to make sure your vehicle is still covered in the event of a loss -- If the garage were lost, such as with a fire, the property insurance may not cover the vehicle, or cover it only for $1,000 or less. In other cases, a stored vehicle may be damaged or destroyed if another vehicle were to plow into the building – damaging the classic. In that case, the vehicle’s collision insurance may be used to cover the damage while property insurance would not.
7. If you cannot find insurance coverage that fits your classic auto, contact your local Insurance Department for a listing of insurance companies that specialize in classic autos.

United States (Scroll down for other countries)
Canada
 
Every insurance company is different, it is that simple. Most use a policy put in place by the Insurance Services Offices but every company has their own standards. No one can give you a straight answer other than your agent, broker, or sales person.
 
I have State Farm am in the process of filing a claim for someone trying to steel my front drive shaft. I found out after the front yoke broke, with only one bolt left in it, and it punched a hole in my transfer case. My agent said in order to have it insured as a classic it had to be in locked storage and I couldn't drive it more than 1,000 miles a year. I was checking book value with NADA and their classic value starts at 1987. I have mine insured where I'm not supposed to drive over 7,500 a year.
 
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