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Old 02-11-2011, 01:30 PM
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Quote:
Originally Posted by twobjshelbys View Post
My CSX with a $110K stated value and all mandatory liability coverage is $600/year. I couldn't find a place with stated value that even came close.
If you have "Stated Value" you better get a different policy as the amount "Stated" is used only to figure the premium and you'll have to fight to prove the value of your loss. The one you want is "Agreed Value" where that is the amount you get in case of a total loss, no questions asked.
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