On 4/28/06, Max Wellhouse <maxjoyce@ipa.net> wrote:
>
> www.kbb.com says my 90GL in good condiiton is only worth $2400 at zip code
> 50613.  Go figure.
>
>
Yeah, I wonder where that $5400 came from? Do banks have some vested
interest in a highball eval? My insurance agent said my Vanagon was covered
at a value of $1900. He said the number was arrived at using the standard
method, a combination of blue book ($2400) and some weird company I never
heard of before who says it's worth $1400! He said this method ensures a
"fairer valuation". My butt. That lowball estimating company seems to exist
so the usual insurance thieves don't have to pay full KBB value, which is
already low. Given a $1000 deductible, I cancelled my comprehensive. If
they're only gonna give me $900 for a totalled vanagon, I might as well save
the money on the premium.

--
John Bange
'90 Vanagon - "Geldsauger"