| Agreed Value versus A-Pig-in-a-Poke [message #65036] |
Fri, 20 November 2009 11:02  |
JimGunther
Messages: 228
Registered: March 2007
Location: West Haven, CT
Karma:
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I notice in Jim B's Daily Pose, he's pulling out all the arguments to help a client collect a reasonable figue on his Total Loss.
If you don't have an AGREED VALUE, you're 'gonna get "handled. Don't blame the Insurance Company - Shame on You.
From Jim's Daily Pose:
>>>> Update: It's today (kind of a funny way to put it) but I just really felt this was an important thing to say-- I've been here several hours pouring over writing an "after the fact" agreed evaluation on a coach that had been stolen and destroyed. The owner has appointed me as his "arbitrator" with his fight with the insurance company trying to recover at least a descent portion of the over $40,000 , they want to give him $11,500 for a total. My evaluation came out over $57,000 and I doubt I could build what he has today for that! Now we are in a contest playing games "Wazit Worth". Guys, DO NOT play this game! Have an agreed value insurance policy that states clearly what amount you will get if the vehicle is totalled! Do NOT settle with "full coverage" or you will be playing this game! An agreed policy is not that expensive, may be the same you are paying now! Don;t float along thnking all is well, your buddy insurance guy which you have used for decades is taking care of you! Agreed policies are not written by all companies-- what are they supposed to do, tell you they cannot take your money? You may have "coverage" but it will not pay you for your classic baby when something happens-- trust me, you do not want to be in this guys shoes! It has taken me all morning to compile what I have to try and help and it's a good bet is may not do squat, he did not fave an "agreed value policy" and here we are. I can hook you up with a company that writes agreed value policies for motorhomes-- thats their specialty. It's not my brother in law although one gal there does have the last name "Bounds". I just want to save you guys a huge heartache-- please check into this. OK, along with my automatic fire suppression soap box, I now have one foot on this soap box too!
Jim Gunther
www.LotusV6.com
now former owner - ;(
73 GMC-II 2600
by Explorer
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