Thread: Yenko Duece
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Old 07-10-2001, 01:11 PM
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Default Re: Yenko Duece

Dinograz;
My post reads 'stated value' not 'amount'. A stated amount policy will pay the 'actual cash value' (read 'blue book'!!) in the event of a total loss. A true 'value' policy will pay the 'value' that is 'stated' in the policy, which is backed up by a licensed, independant appraisal. There is an excellent article regarding the types, pros/cons of classic auto insurance written by Terry Shaw that is reprinted in the back of the Year One catalog. Terry was at the Carlisle show, and had a vendor spot for his company, Automotive Legal Service. I'm hoping to get my appraisal done this week, insured by next week, and maybe some plates by month end, (?). See you at the next show Dan.
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