Re: [Zmagnette] Magnette values and stated value for insurance <zmagnette@autox.team.net> <zmagnette.autox.team.net>

[Steven Trovato <strovato@optonline.net>]

That's the difference between agreed value and stated value 
insurance.  Read 
this: 
http://www.hagerty.com/classic-car-articles-resources/Ask-Hagerty-Questions/Ask-Hagerty/Insuring/QA/Whats-the-difference-between-Agreed-Value-and-Stated-Value-coverage

-Steve T.

At 02:38 PM 10/28/2013, Steve C. wrote:
>The reality is that just because you have stated value insurance, it 
>does not mean you will get that should your car be totaled. The 
>insurance companies will be glad to bed take your money for whatever 
>you wanna put a value of your car at, that doesn't mean I will pay 
>you that much. It is foolish to over pay for insurance andexpect 
>them to over pay for our cars, when the values do not back it up.

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