Date registered: Nov 2017
Vehicle: 1989 560SL
Location: Oklahoma City
Mentioned: 2 Post(s)
Quoted: 45 Post(s)
I'm gonna be more of a know-it-all than usual, but, MAKE SURE you get a policy that lists the specific dollar amount you will be paid if your car is declared a total loss. Every year I have a few customers that come in with their car damaged and they are crushed when they find out their own insurance company doesn't value their car at the level they thought it was.
Stated value, agreed value, market value, I don't care what it is called. MAKE SURE you get a printed copy that says they will pay you "$XX,XXX.xx" if your car is a total loss.
Don't trust your agent, don't trust anybody. Make sure you get it in writing.