
05-12-2004, 12:00 PM
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CC Member
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Join Date: Oct 2000
Location: Lake Stevens,
WA
Cobra Make, Engine:
Posts: 995
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Not Ranked
Stated value -vs- agreed value
Allstate has done a 180 and said they would insure the Cobra (after 4 years of saying no). Their price and coverage is better than Parish-Heacock and it would be nice to have all the cars on one policy. Plus, it would feel really good to stick it to P-H for doubling my premium last year for no reason.
When I asked about the "agreed" value of the car, the Allstate girl said they would match the "stated" value of the the P-H policy. When I asked if "stated" value is the same as "agreed" value, she said she was sure it's the same thing. Is it? She also said they would like to see some pictures and then they'd take my word for the value of the car.
Is it me, or does this sound too easy?
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Rich
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