[TR] TR4A sale values to contest insurance company ??valuation

FRED E THOMAS frede.thomas2 at verizon.net
Wed Dec 26 12:35:29 MST 2007


> However, since we all are a little shaky on the terms - agreed vs.
> stated - it's very important to ask the question of your agent: Which do
> I have on my car? And what happens if...?
>
> Pat
>
> Joe Curry wrote:
>
>>I think the operative word you should be looking for is "agreed" value.
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Have your car appraised by a independant appraiser and this is what you want 
to insure it for, your insurance co. value will be far below this figure, so 
your premium will also be quite a bit more, also stay with a specialty ins. 
company such as "Hagarty", you will need to update your policy value after 5 
years or so to keep up with todays values "FT" 


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