Miata Mailing List: April 1994, Message #120
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   From: Ken Warren 
Subject: Re: Goat lips/diff wrench/insuranc
   Date: Thu, 7 Apr 1994 06:31:05 -0400

On Thu, 7 Apr 1994 a.mccombs3@genie.geis.com wrote:

> Do you know my goat has been licking my Miata?
>  
> --No, but hum a few bars and I'll fake it--



> All seriousness aside, Steve L., my State Farm agent won't have anything to
> do with stated value.  Already tried that when I sent him a copy of the
> appraisal.  Got back a memo stating that (1) they'd pay me whatever they
> feel like if the car is totaled, and (2) that wouldn't take into account any
> aftermarket goodies, like wheels, radio, computer and cruise, etc.  That's
> when I went insurance shopping.  You can read all about it elsewhere.

Does your insurance company require you to notify them when you add these
things to your car so they can keep track of the value of the vehicle and
make wure your premiums reflect that value? If they do, and then say that
they won't compensate you for them, I'd say they're ripe for reporting to
your State Insurance Commision (or whatever they call it where you live)
for investigation. 

I'm kind of surprised they won't do "stated value" policies, though. It 
would cost some money, but in general, you can insure anything for any 
reasonable value.

--
Ken
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           Ken Warren               E-Mail: kenw@netaxs.com
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