You can, or at least I did, get a higher valuation by sending them
comparables. It wasn't easy.

Mike

On 4/28/06 6:44 PM, "John Bange" <jbange@GMAIL.COM> wrote:

> 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"
>
>