Originally Posted by LONGBOX55
Originally Posted by BIG CHEVY 3600
Originally Posted by Achipmunk
regular insurance is fine, I have it, but you darn well better know what the agreed value is BEFORE you are involved in an accident and your vehicle is totaled....thus an appraisal ect.
Alvin, What does "agreed value" mean? Is that what the owner and the insurance company agree on?
Essentially, yes. You might have to provide an apraisal for the value. I had to do that with mine, as they would not accept what the current price guides stated. Fortunatly, i have an uncle in the used car business that provided me with an appraisal on a business letterhead, no charge.
BTW, I have Westfeild. Full coverage w/agreed value on both my '55 and my Blazer. I only pay about $95 a month.

Well I wonder if the appraiser is a dealer new or used, would he appraise the truck based on what he would be able to sell it for or what he thinks it would take to restore it to the condition it was in.
You know guys with restored trucks can never get out of it in a sale what $$ they put into it.


~Jim