[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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