I wasn't able to get an agreed value insurance on a B for daily driver
use. Let a lone one being driven by a 17 year old. Collision coverage
wasn't a lot more than liability, so I went for it. At least I am just
dealing with my company.
I am hoping it works out well also. The adjuster is coming on Tuesday...
--
Andrew
On 06/07/2013 09:00 AM, mgbob@juno.com wrote:
> A sad day, indeed. That the lads are ok is the best part of it.
> Lets hope the insurance company is helpful. Some can be. Last autumn,
> hurricane Sandy dropped a tree on a friend's old 911. They "totaled" it, but
> allowed him to buy the carcass back for less than they gave him. It went for
> parts, netting him more than it was worth, and providing a good engine to a
> 911 in need. If you have "declared value" cover, the company will pay costs
> up to the value you specified, unlike the standard cover, in which they
> depreciate arbitrarily, set a book value, pay off a fraction of that and
> subtract a handling charge.
> Not much impact is needed to bind the MGB boot lid, but a lot is
> required to significantly damage the structure. It may be that a good shop
> can get it back into driving condition quickly. We all hope so.
> Bob
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