Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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#10
07-10-2001, 10:23 PM
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Re: Yenko Duece
Agreed value is the contract you should have. Under this contract the insurer is obligated to pay the amount stated in the policy. Stated value contracts obligate the insurer to pay the actual value at time of loss up to the amount stated on the policy. You may not get what you thought you paid for. Most of the specialty insurers write agreed value contracts.
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