Agreed Upon Value
Thread Starter
|
Logistics Pro
Joined: Mar 2010
Posts: 3,532
Likes: 495
From: NC
Agreed Upon Value
With our Ex's getting older but still sought after the insurance companies don't see their true value. Companies like Grundy will insure vehicles at agreed upon value, I have it on my Chevelles but has anyone ever tried to do it on an Excursion?
Laughing Gas
Joined: Jul 2011
Posts: 836
Likes: 213
I have been looking into this as well in case I end up in an accident and it is potentially written off. I had this scenario happen years ago in the early 90s when I basically rebuilt a 1986 F250 4wd extended cab long box. Had it on the road for 6 weeks, guy turns in front of me on a secondary highway, I hit him doing 60 mph and wrote the truck off but walked out with only a few bruises/scratches. I ended up with a cheque for $2400.00 and a sorry about your luck from the adjuster. Don't want this to happen a second time, especially when our Excursions are getting up in age.
Rob
Rob
Tuned
Joined: Jul 2018
Posts: 263
Likes: 9
From: Near Chicago
Several companies offer "replacement" value. You have to look around a bit to find them all. I believe Allstate and AAA both do, outside of those 2 I am not sure.
They cost a bit more for those policies, but they will use KBB and current sales/selling prices in your area.
Gieco used to do it, but they sucked and I'll never use them again after that fiasco, took 4 months to get a fair value.
They cost a bit more for those policies, but they will use KBB and current sales/selling prices in your area.
Gieco used to do it, but they sucked and I'll never use them again after that fiasco, took 4 months to get a fair value.
Laughing Gas
Joined: Mar 2019
Posts: 947
Likes: 144
From: Columbus Ohio
Several companies offer "replacement" value. You have to look around a bit to find them all. I believe Allstate and AAA both do, outside of those 2 I am not sure.
They cost a bit more for those policies, but they will use KBB and current sales/selling prices in your area.
Gieco used to do it, but they sucked and I'll never use them again after that fiasco, took 4 months to get a fair value.
They cost a bit more for those policies, but they will use KBB and current sales/selling prices in your area.
Gieco used to do it, but they sucked and I'll never use them again after that fiasco, took 4 months to get a fair value.
I have National General through Good Sam and they offer replacement value too.
What sucks is a comparable F250/350 is valued ALOT higher than our Excursions, it the same vehicle theoretically, except we have more sheet metal. Never understood that.
Thread
Thread Starter
Forum
Replies
Last Post
obscuredrives
Excursion - King of SUVs
19
Apr 5, 2017 01:12 PM
