Rosspemlee@aol.com wrote :
>
> The key to this problem is finding the acv of any given car, at
> the time it
> is destroyed.
>
Doug :
You've touched on a point that has always aggravated me. The solution
_should_ be absolutely trivial : the insurance company obtains an equivalent
car, in equivalent condition and gives that to the policy holder (while
taking the wreck as salvage). If my car was a 100-point restoration of a 57
Nash Ambassador<shudder>, then replace it with a 100-point restoration of a
57 Nash Ambassador (or enough money to create one).
Of course, that will never happen. The true value of a car is usually
several times what the insurance companies' tables say it is, and they are
_not_ in the business of giving out money !
Randall
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