Help! Insurance with No Garage

[camcojb]

I agree with Big D that State Farm policy owners might think they have an "agreed value" policy, when they really have a "stated value" policy -- see earlier discussion in this thread about the differences.


I should say that it is possible that State Farm also provides "agreed value" policies, but everyone should look at the details of their policy (no matter what carrier) just to make sure.

So far I have not seen a single person with agreed value through State Farm. I've had SF for almost 20 years with my commercial vehicles and am friends with my agent. He is positive that SF does NOT offer agreed value policies. He does admit that many of the agents do not understand their collector car policies and mistakenly tell people they are agreed value.

Here's an example of the differences between stated value and agreed value, and those of you with State Farm can go grab your policies and see if they have the magic wording.

http://www.faia.com/web/2005/08/stat...eed_value.aspx

Jody

[paul67]

Have you tried going through the NSRA or any of those orginisations.