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Old 01-14-2015, 09:06 PM
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Tim7139 Tim7139 is offline
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Join Date: Aug 2014
Location: Syracuse, Ny
Cobra Make, Engine: Superformance #2660, FE-406
Posts: 372
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Quote:
Originally Posted by jhv48 View Post
Your car is only worth what it is worth at the time of the accident. No more, no less. If my cobra is totaled, it will be valued at whatever similar cars have been sold for in recent sales. State Farm would survey similar sales and then submit a bid to me. If I don't agree with their valuation, all I need to do is provide additional evidence to support my valuation.

Seems fair to me.
In the real world, this is what be termed a fantasy.
Youd be well advised to study up on what a stated value policy represents........to you.
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