Date: Wed, 30 Dec 2009 19:32:58 -0500
Reply-To: craig cowan <phishman068@GMAIL.COM>
Sender: Vanagon Mailing List <vanagon@gerry.vanagon.com>
From: craig cowan <phishman068@GMAIL.COM>
Subject: Re: Insurance..... some forethought.
In-Reply-To: <eccfedcc0912301621l5414e4c3tf19165f0f8435daa@mail.gmail.com>
Content-Type: text/plain; charset=ISO-8859-1
It will be "really" for sale at that time....
If anyone would like to buy it and therefore end my insurance concerns (for
now).
: )
-Craig
On Wed, Dec 30, 2009 at 7:21 PM, Michael Sullivan <sandwichhead@gmail.com>wrote:
> How much you gonna ask for it, cuz I may buy it and then you're screwed.
> :-)
>
> Michael in San Antonio
> 91GL AT 'Gringo'
> 73 Beetle
>
>
> On Wed, Dec 30, 2009 at 6:03 PM, craig cowan <phishman068@gmail.com>wrote:
>
>> Today I learned that a "stated value" is to be avoided, as can actually be
>> quite limiting. If i had a state value in my policy of $6000, they will
>> pay
>> UP to 6000. Not a penny more. While if I had no stated value and was able
>> to
>> prove that a vehicle in running condition similar to mine costs $12000,
>> then
>> that's more similar to the value they will pay out.
>> That was quite suprising to me, as I thought stated value meant "it's
>> damaged, here's the money we agreed to pay you"...... but subtly, it still
>> is.
>>
>> I've decided to get a few independent appraisals and list it for sale. If
>> I
>> have it listed for sale at a value similar to what it's appraised at and
>> have record of this, even if it doesnt sell, i can later say "look, i was
>> trying to sell it, and this is what i was selling it for..." which i'm
>> told
>> is yet another good card to have in your portfolio. Plenty of pictures as
>> well.
>>
>> Thanks to all those who responded!
>>
>> -Craig
>> '85GL turned WESTY
>> BOSTIG in the back
>>
>>
>> On Wed, Dec 30, 2009 at 2:30 PM, Jim Lieb <jlieberie@gmail.com> wrote:
>>
>> > Craig,
>> >
>> > I have been insured with Erie for about 36 years. My agent is a good
>> friend
>> > and I just had a regular policy on my MV when it caught fire. I ended up
>> > getting $8600 from them and they were easy to deal with, but I was
>> > concerned
>> > when I later paid +$10k for my new van. My agent, Steve told me to get
>> the
>> > Van appraised and said I could use the appraisal as a basis for
>> settlement
>> > if anything happened to my new camper.
>> >
>> > Jim
>> >
>> >
>> >
>> >
>> > --
>> > Jim in NW Pa
>> > Member: PVC Pittsburgh Vanagon Club
>> > 1987 Westy "MobyD" the Great White Westfalia
>> > Member: TLCA
>> > 1982 FJ40
>> > 2007 FJ Cruiser
>> >
>>
>
>
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