Quote:
Originally Posted by sawyerrm
What will farmers pay if your truck is totaled or stolen? Geico, AAA and State Farm only pay blue book which is about $1000. I haven't found any regular insurance, without restrictions, that offers agreed value. Also, at least here in CA, all the major insurance companies use a common data base on which insurance company you have. If you tried to have two policies, they would know immediately. Anyway, if I could get comprehensive insurance with agreed value and be able to drive to work, I'd take it.
|
Funny about book value, when we are buying and selling these things the state requires the value be looked up in one of the collector books. If you bought a truck to just use for parts for say 500 bucks, but the collector books say its worth a lot more, the state wants their "taste" from the higher value. But when you make an insurance claim, they go just the opposite ha!
Anyway, I have an agreed value on my truck. They look at it and take pictures etc etc. I show em receipts and purchase price. I think mine is only at 6500.00. I don't want it to come down to me finding out whether they will try to weasel out of it though lol.
EDIT: Sorry Stoli, I jacked your thread a little bit =(