In a message dated 1/12/2002 4:13:40 PM Eastern Standard Time,
vafred@erols.com writes:
> This happened here in N. Va. few years back, a 68 Mustang owner had a total
> loss after his car was stolen, State Farm offered a settlement of $4500.
> the
> owner sued State Farm for 10K replacement, when they went to court State
> Farm
> produced his tax bill where he claimed the tax value of $500.00, judgement
> to
> State Farm for $500.00, this happened, every so often the tax dept will ask
> for proof of insurance on a car, you get caught if you have agreed value.
> "FT"
Unless you live in Connecticut and have "Early American" (go figure) plates.
With that type of registration the highest they can assess your car for
property taxes is $500, no matter what the real value is.
Some times a plan really does come together.
Bill Babbitt
TR3A like a Phoenix emerges from the bag
Gales Ferry, Ct
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