[DeTomaso] Agreed Value Insurance - Daily Driver

JJD1010 at aol.com JJD1010 at aol.com
Thu Feb 11 16:24:01 EST 2010


 
In a message dated 2/11/2010 2:33:22 P.M. Central Standard Time,  
boyd411 at gmail.com writes:

stated value policy (not the same as an agreed upon value but  better then 
them basing value on
NADA old car book or some other  nonsense
 
 
 
 
 
I don't know about your state, but here in Texas, "stated value" means  
they will pay THEIR estimate of value BUT not to  exceed YOUR stated value. All 
this does is limit their top end. It  does nothing to raise yours. You will 
need to have an irrefutable  appraisal AND they will have to agree with it 
to get your stated  value. Good luck with that.
 
Jeff
6559





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