I am getting my truck reappraised asap.I had to get it appraised when i first got the truck. The ministry of transportation required one for the ownership change.The guy who did it, appraised it low so I wouldn't have to pay higher taxes at the MTO.
I have fire and theft on it now ( its title unfit )with State Farm.
I was at a shed fire this morning and in this shed was a 1968 Satelite totally restored and appraised, a 1968 charger ready for paint, no appraised value on the car. Both cars were destroyed by the fire. I don't know what kind of insurance he has.
Rob