Help w/Appraisal Value

[CamTra]

Originally Posted by simicrintz

I have mine insured for $20,000, but have been offered much more for it. My concern is if something did happen and you are "uninsured" with a lower agreed upon cost you run out of $$$ before it is fixed. What are your guys thoughts on this?

I also have mine insured for $20K. My intentions are to raise it once I finish the restoration or when I think I'm a good bit above the $20K limit. When I think I'm over I will spend the money to get the appraisal to make sure. But to me if you talking only a few thousand then it's easier to wait and take that chance. Just my $.02