Dave,
While you are correct that "stated value" only limits the MAXIMUM they will pay,
and raises your rates, an appraisal is NOT accepted by adjusters. They only go
by
recent sales. What you are describing is "Agreed Value", in which BOTH parties
"agree" to the value by having an insurance company approved appraiser make the
evaluation at your expense. This must be repeated often to prove the value
didn't
decrease, and photo documentation with date authentication (newspaper in photo)
in
between. And, of course , rates to match. I am sorry, Dave, but there is NO
free
lunch. With insurance companies you pay for yours, theirs, the appraisers, and
his mother's lunch. Only you don't get to eat yours, they do.
But, I am not an insurance expert, just talked to a number of them, and their
appraisers. Having the independent appraisal isn't a bad idea, but it isn't the
answer if they just don't want to pay. They haven't agreed to it, and have their
own experts. After all, their stock isn't going up because they are giving the
money away.
On a fairly new car, they insist the body shop use 'used' or 'after market'
(read
cheap import) body parts instead of factory. They aren't in this business for
your benefit.
Sorry,
Steve
--
Steve Laifman < Find out what is most >
B9472289 < important in your life >
< and don't let it get away!>
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