lcmc Im about 99% certain that you DONT have agreed value insurance with State Farm. I use SF for all my other cars and house etc. but they DONT have agreed value coverage for collector cars, rather they use terms like 'we agree' but that is not AGREED value coverage. There are other lines in your policy that give them the right to choose 'lesser' value 'comparable' cars to determine final value in case of a totaled car. Visit the Bench section of www.camaros.net
Tech Forum and search using the word 'insurance' where we have explicit decoding of SF and other policies, much to long to go into here. Just a heads up and hope you dont have a claim while you research this yourself. Ive had VP's of SF email me and after a few back and forths they finally say that they DONT have 'agreed' value coverage like other collector insurers.
Lakeholme is right that most agent dont have a clue what Agreed value is, they also are duped by the word 'agree' in some of their fine print of their policiies.
Go to your SF agent with a simple statement and ask him to sign it, saying that IF your car was stolen, would you get a check for the $55,000 you have it valued at? No deductions or depreciations, no comparables to other cars listed on ebay etc... plain and simple, do you get $55,000 in your hand, yes or no? Then have him sign it..
I know what his reply will be but this is all good info. for folks to have.