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Date:         Tue, 30 Mar 2004 15:37:00 -0700
Reply-To:     don spence <dspence@OANET.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         don spence <dspence@OANET.COM>
Subject:      Re: collision insurance on an 83.5 westy
In-Reply-To:  <200403302217.i2UMHiL62456@moe.oanet.com>
Content-Type: text/plain; charset=US-ASCII; format=flowed

On Tuesday, March 30, 2004, at 03:19 PM, Automatic digest processor wrote:

> I believe he once told another friend of ours (who has a lot of antique > cars) that he could by insurance coverage at a set pay out price. In > other > words, if you value the car (van) at $15,000.00, then you want > coverage for > that amount and will pay the premium. If you get smacked they will pay > up to > 15 to cover repairs or replacement. Kind of like "life insurance" for > your > car. >

It's called "agreed value" and is supported by an approved appraisal. In Canada the appropriate clause is an "SEF 19a" . That "a" being very important. An SEF19 is worthless as in the company's eyes it merely states what the owner thinks it's worth. . Check for ads for special interest insurers in Hemmings, particularly if it's not a daily driver.


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