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Old Posted Mar 26, 2009, 5:04 PM
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Kevin_foster Kevin_foster is offline
Kevin Folds Five
 
Join Date: Jan 2005
Location: Edmonton, Canada
Posts: 6,072
Quote:
Originally Posted by 240glt View Post
Well since this topic is being bantered about, I'll post a question to the insurance guru:

My old '82 Volvo is probably worth $500 to my insurance company, but I've got multiple thousands of dollars invsted in it and the car is worth significantly more than a typical '82 Volvo would be.

If my garage burns down, how do I collect the true value of the vehicle ? Is that even possible without some sort of special designation ?
Like I said, my realm doesn't include personal insurance - just commercial (i.e. I am not a personal insurance advisor - just deal with the commercial side every day)
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