Quote:
Originally Posted by CarlG
Difference of opinion??? or ????
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Yes!!! Not calling anybody a lie or saying that State Farm is bad. My opinion is that only collector car insurance offers agreed value. I feel that State Farm or Allstate would ask what the car was valued at, if they agreed, that would be stated value. If there was a claim and the car was totaled, the stated value would be depreciated. With agreed value if the car was a total loss, they would pay the full amount of the agreed value.
State Farm would be good for an everyday driver, they have less restrictions. Collector car insurance doesn't offer insurance for everyday drivers. Being as insurance is manditory, less restrictions is a perk. It would be more expensive to insure but would be legal to drive.