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Subject:Re: collision insurance on an 83.5 westy
From:don spence
Date:Tue, 30 Mar 2004 15:37:00 -0700

On Tuesday, March 30, 2004, at 03:19  PM, Automatic digest processor
wrote:

> I believe he once told another friend of ours (who has a lot of antique
> cars) that he could by insurance coverage at a set pay out price. In
> other
> words, if you value the car (van) at $15,000.00, then you want
> coverage for
> that amount and will pay the premium. If you get smacked they will pay
> up to
> 15 to cover repairs or replacement. Kind of like "life insurance"  for
> your
> car.
>

It's called "agreed value" and is supported by an approved appraisal.
In Canada the appropriate clause is an "SEF 19a" . That "a" being very
important. An SEF19 is worthless as in the company's eyes it merely
states what the owner thinks it's worth.
.
Check for ads for special interest insurers in Hemmings, particularly
if it's not a daily driver.

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