In all but a few states, State Farm doesn't have Agreed Value coverage. They have Stated Amount coverage. Huge difference. Most people with SF on their classics/race cars, etc...have Stated Amount, but they don't realize it. I'm not contradicting Jimbo...just pointing this out so that someone doesn't get an unpleasant surprise.

Agreed Value = that's the amount the car is insured for.

Stated Amount = you are owed the LESSER of the Stated Amount or the Actual Cash Value.

Also, none of the collector carriers or standard carriers will cover your car while it's on the track. In the pits, etc...is fine, but once it hits the track, you have no comp, no collision, no liability, no nothing. There are specialty carriers that sell on-track insurance, but it's not cheap.