Quote:
Originally Posted by WildBillyT
No, you won't get anything for money you put into the car. If you get an agreed value policy they will pay out that amount, otherwise they will pay out like it's stock.
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i thought was the whole point of "agreed value". You and the INS company agree on the value of the car (say $20K), and if something happens to that car, you get the agreed upon $20K, right?
Quote:
Originally Posted by BonzoHansen
Remember what I said, they can deny a claim based on false information. And if you lie on an app, that is technically insurance fraud, which is now falls under the criminal statutes in NJ. Fraud is one of the big things that drives up our premiums.
These type of companies get very few claims, so I am confident they properly investigate all claims. If you have a claim for an event at the place you claim to garage it and they see no garage, good luck.
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tru, i never thought of it like that.
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