Thread: Insurance and car value
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Old 02-07-2008, 10:16 PM
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MaSnaka MaSnaka is offline
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Join Date: Feb 2006
Location: Thousand Oaks, CA
Cobra Make, Engine: Classic Roadster
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I believe State Farm pays fair market value determined by an outside source. My wife's Expedition was totaled recently and that is what we went through. Fair market value as compared with 5-6 vehicles with similar features. But I am paying closer to $360 per 6 months on the Cobra. I have an exellent driving record with all the multi vehicle and long term customer discounts. In California.

John
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