Date:         Wed, 30 Dec 2009 20:12:09 -0500
Reply-To:     mcneely4@COX.NET
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Dave Mcneely <mcneely4@COX.NET>
Subject:      Re: Insurance..... some forethought.
Comments: To: craig cowan <phishman068@GMAIL.COM>
Content-Type: text/plain; charset=UTF-8; format=flowed; delsp=no

If a property is listed for a price, and fails to sell for that price,
how in the world could that be evidence that it is worth that amount?
As an insured loss appraiser (I'm not one), I would simply say, "No, you
couldn't get that for it when you tried."

Better to get the appraisal now, get the company to agree to that value,
and have them issue a policy with that AGREED value (not stated value).
DMc


On Wed, Dec 30, 2009 at 6:03 PM, craig cowan wrote:

  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  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
>>