Date:         Wed, 1 Jul 1998 12:54:40 -0400
Reply-To:     Lawrence Johnson <ljohnson@HALHINET.ON.CA>
Sender:       Vanagon Mailing List <Vanagon@vanagon.com>
From:         Lawrence Johnson <ljohnson@HALHINET.ON.CA>
Subject:      Actual Value Insurance (was "Cost of New Automatic Transmission
              ...")
Comments: To: Ron Mighton <rmighton@PASSPORT.CA>,
          Multiple recipients of list <vanagon@vanagon.com>
Content-Type: text/plain; charset=us-ascii

Ron, I asked my insurance broker the same thing. They said to get a
professional appraiser to quote a value/price/whatever. This appraisal is then
submitted to the insurance company and they will increase the coverage and your
premium accordingly. Such appraisals cost about $C125 and the insurance company
insists that they be done annually. However, I've heard that the annual
appraisal is not required in practice (if it was worth so much two years ago,
how much could it of depreciated since then?) I have not yet had our '86 Syncro
Westfalia appraised for the simple fact that I don't know a professional
appraiser who knows these vehicles beyond looking them up in some book. I think
that the appraiser would have to be someone in Ontario in order to set a local
value. Perhaps you could ask the OWASCO people who they would recommend.

Is there anyone else on the List who can recommend a knowledgeable (i.e.
Vanagon Westfalia) appraiser and/or has had their vehicle appraised?

> I paid $12,000 CDN  for this 1990 Westfalia  and would now like to insure
> it for a higher replacement value. My current insurance company (The
> personal) will not contemplate  increasing the amount so I am asking for
> suggestions on insurance companies and techniques that will result in a
> more realistic replacement value. Thanks in advance for any comments.
> Ron Mighton Toronto, Canada EH!

Larry in the Haliburton Highlands, Ontario , C(eh!)n(eh!)d(eh!)