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Insurance and value

To: "'tigers@autox.team.net'" <tigers@autox.team.net>
Subject: Insurance and value
From: "Rose, Mark" <mrose@ou.edu>
Date: Fri, 12 Apr 2002 13:20:39 -0500
Listers-

 

I am in the midst of insuring the Tiger and was poking around the NADA
website. Here is what I found for the Tiger according to them:

 

2 door sport roadster

MSRP $3,499

Low retail - 11,000

Average retail - 16, 300

High retail - 21,000

 

I remember some discussion several weeks ago about value and resale, but I
thought these numbers were interesting. I'm going to have an agreed value
with the insurance company of $20k - $25k. I'm wondering what they are going
to say about that if they look at the NADA numbers or something similar.
Anyone have any thoughts?

 

Mark in OKC

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