<VV> Stated Value vs. Agreed Value policies
Ray R. (aka Grymm)
vairguy at echoes.net
Wed Jun 2 12:21:33 EDT 2010
Thanks for the info, I'll have to check on an "agreed value" policy. When I
read about this topic 10 years ago or so in an auto magazine I swear they
were saying "stated value".. but time changes terminology and memory flaws
change everything!
Ray "Grymm" Rodriguez III
Lake Ariel, PA
CORSA member
66' Corsa 140/4 coupe
65' Corsa 140/4 coupe (under construction and almost done!)
----- Original Message -----
From: "Robby" <vintagevwbeetles at gmail.com>
Cc: <virtualvairs at corvair.org>
Sent: Wednesday, June 02, 2010 11:54 AM
Subject: Re: <VV> Stated Value vs. Agreed Value policies
>I have State Farm stated value as well and was told that the stated value
>is
> the maximum that would be paid in the event of a loss but didn't guarantee
> I
> would receive that amount. Agreed value is the only way to ensure a
> definite value
>
> Robby
>
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