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FW: insurance

To: "'Triumphant Ones'" <triumphs@autox.team.net>
Subject: FW: insurance
From: Tom Gentry <tgentry@execpc.com>
Date: Wed, 13 Jan 1999 09:04:25 -0600
My understanding about "stated value" insurance is that you still need to prove 
the car is worth what you state.  So just because you stated $20,000 doesn't 
mean that's what the insurance will pay.  If that was the case, I could buy a 
82 K car, insure it for $20,000 and drive it off a cliff.  Instant $19,500 
profit.

Please correct me if I'm wrong.

Tom Gentry
Life is too short to go to prison for insurance fraud!
'96 Ford SVT Cobra Mystic #1345 (mostly stock)
'72 Triumph TR-6 OD (highly modified)
'59 Triumph 10 Sedan (in boxes)


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