You can, or at least I did, get a higher valuation by sending them comparables. It wasn't easy. Mike On 4/28/06 6:44 PM, "John Bange" <jbange@GMAIL.COM> wrote: > On 4/28/06, Max Wellhouse <maxjoyce@ipa.net> wrote: >> >> www.kbb.com says my 90GL in good condiiton is only worth $2400 at zip code >> 50613. Go figure. >> >> > Yeah, I wonder where that $5400 came from? Do banks have some vested > interest in a highball eval? My insurance agent said my Vanagon was covered > at a value of $1900. He said the number was arrived at using the standard > method, a combination of blue book ($2400) and some weird company I never > heard of before who says it's worth $1400! He said this method ensures a > "fairer valuation". My butt. That lowball estimating company seems to exist > so the usual insurance thieves don't have to pay full KBB value, which is > already low. Given a $1000 deductible, I cancelled my comprehensive. If > they're only gonna give me $900 for a totalled vanagon, I might as well save > the money on the premium. > > -- > John Bange > '90 Vanagon - "Geldsauger" > > |
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