Quote:
Originally Posted by Bernica
But if that's how they are evaluating them, according to their own website, then one would think that they would also use those numbers for "Agreed Value" policies, right?
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I'm not an insurance expert. But market values haven't doubled in 3 years. In fact, for many, many, many years, Evan believed his car was worth north of $200,000. If market values truly have doubled in 3 years, like Haggerty states, then CSX4206 should be worth $400,000+ now.
And I know all the CSX owners out there will be re-running their computer programs and calculations if, and when, Evan's car does sell. I can see you now Bernica. If Evan's car is worth $250,000, then mine must be worth $235,000.