[DeTomaso] Insurance valuation
Pantdino
pantdino at aol.com
Tue Oct 6 17:03:33 EDT 2015
But do keep in mind that above a certain amount ($60K?) you are really only insuring against a total loss or unrecovered theft. What the odds of that happening?
So you are paying in this case 50% more for your insurance with a microscopically small chance of it benefitting you
Jim
-----Original Message-----
From: Arjun Ghosh-Dastidar <arjun.ghoshdastidar at gmail.com>
To: detomaso <detomaso at poca.com>
Sent: Mon, Oct 5, 2015 6:10 pm
Subject: [DeTomaso] Insurance valuation
Got my insurance renewal letter in the mail today and the carrier is
pegging
replacement value of valuing an unrestored car at $90K for
2016. Spoke with
my agent to confirm this.
If your car is insured at an agreed value below
this amount, time to
call your agent and up the amount.
For the rest of
you peeps, further proof that the value of our cars is
on the rise and even
the stingiest appraisers are giving $90K for
replacement value.
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-------------- next part --------------
But do keep in mind that above a certain amount ($60K?) you are really
only insuring against a total loss or unrecovered theft. What the odds
of that happening?
So you are paying in this case 50% more for your insurance with a
microscopically small chance of it benefitting you
Jim
-----Original Message-----
From: Arjun Ghosh-Dastidar <arjun.ghoshdastidar at gmail.com>
To: detomaso <detomaso at poca.com>
Sent: Mon, Oct 5, 2015 6:10 pm
Subject: [DeTomaso] Insurance valuation
Got my insurance renewal letter in the mail today and the carrier is
pegging
replacement value of valuing an unrestored car at $90K for
2016. Spoke with
my agent to confirm this.
If your car is insured at an agreed value below
this amount, time to
call your agent and up the amount.
For the rest of
you peeps, further proof that the value of our cars is
on the rise and even
the stingiest appraisers are giving $90K for
replacement value.
_______________________________________________
Detomaso Forum Managed by
POCA
Posted emails must not exceed 1.5 Megabytes
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