Here in Ontario, Canada the DMV won't license a vehicle without knowing
it's value. For cars that are to old to fit a standardized value you have
to get it appraised before they'll license it. That added some cost to my
project, and the car still isn't ready for the road. Luckily I was able to
get around a huge owner transfer tax by having it appraised before doing the
work on it, which would effectively increase it's value. Unfortunately if I
want to get something back from my insurance should the unmentionable
happen, I now have to get it reappraised for an appropriate value. If I'm
wrong and I didn't have to get it appraised before transferring the
ownership, then I was lied to by the DMV. (wouldn't be the first time)
Rave Racer
'89 Jetta 1.8L 16V GTX
http://www.vwot.org/members/Pete.html
'87 Audi 4000 Quattro Sedan
http://www.audifans.com/registry/view.php?action=viewCar&carid=110
'72 Triumph GT6
http://motorcities.com/contents/01I3H011116682.html
'83 Toyota Tercel (yoda) Possible future Sandrail donor... Maybe
> ------------------------------
>
> From: Scott Tilton <sdtilton@yahoo.com>
> Subject: insurance !@#$%@#$%
>
>
> The insurance company can't or won't tell me what they consider the car to
be
> worth.
>
> The mention two different ways of calculating value that don't agree with
each
> other.
>
> My car is mechanically excellent . . . but the body sucks eggs.
>
> If I had a total loss and they wanted to give me the low value .. that'd
be
> acceptable in my case.
>
> What I fear is that an adjuster comes out and says: your car was only
worth
> $1000. You have a $500 deductible . . so here is your check for $500.
>
> What's a guy to do?
>
>
> Scott Tilton
> Trying to have a '63 TR-4 everyday
> In Leesburg, VA
>
> ------------------------------
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