Values for insurance, where to get?

When you go for your agreed value coverage, do NOT get it set at what cars like yours are selling for.

You want to set the coverage to real replacement value. That is to say, what it would cost you to buy another in the state yours was in when you bought it, and the time and money required to get it to it's state as-insured.

If you figure you have 100 hours of time in it, $10,000 in parts, and started with a $2000 car, you don't want that car covered for any less than $22,000, even if a similar car is selling for say, $5000-10000. You want to be made "whole" if something happens to the car.

This was explained to my car club by a Grundy's insurance agent a few years back. We found out really quickly that most of the club (which was almost all concours or close to it classics that were only driven to shows and/or for club tours) was WAY underinsured.

You'll also want to re-evaluate it periodically to make sure you're keeping up with the changes in the market for these cars (which, honestly, the Mustang market is straight-up weird right now with non-5.0 SN95s, non-Terminator New Edge, and 4.0/4.6 S197 cars being dirt cheap, while Mustang IIs, non-Aero foxes, and 71-73 coupes that used to be the cheap cars wearing the "Mustang" name now have actual value). Expect that trend to continue.

I warned the II guys about changing their insurance awhile back:

It's crazy the money that IIs and Foxes are getting at auction and collector dealerships these days.