[Zmagnette] Magnette values and stated value for insurance
Steven Trovato
strovato at optonline.net
Mon Oct 28 14:44:55 MDT 2013
That's the difference between agreed value and stated value
insurance. Read
this:
http://www.hagerty.com/classic-car-articles-resources/Ask-Hagerty-Questions/Ask-Hagerty/Insuring/QA/Whats-the-difference-between-Agreed-Value-and-Stated-Value-coverage
-Steve T.
At 02:38 PM 10/28/2013, Steve C. wrote:
>The reality is that just because you have stated value insurance, it
>does not mean you will get that should your car be totaled. The
>insurance companies will be glad to bed take your money for whatever
>you wanna put a value of your car at, that doesn't mean I will pay
>you that much. It is foolish to over pay for insurance andexpect
>them to over pay for our cars, when the values do not back it up.
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