Previous statement: Insurance companies don't pay out what you insure for, value rate. My local EAA gathering on Feb 6, 2017 We had a Broker by the name of Nathan Woodall V.P. here in Knoxville. He stated that the insurance would pay out What you have the value set for. If you are paying for the Set Value of $20,000 the Totaled vehicle payout will be $20,000. He stated automobiles are different. Auto's if you state value is $40k and actual blue book is $20k, then they will pay out $30k. For Totaled Vehicle.
Adam Tippin A&P KR2S builder _______________________________________________ Search the KRnet Archives at https://www.mail-archive.com/krnet@list.krnet.org/. Please see LIST RULES and KRnet info at http://www.krnet.org/info.html. see http://list.krnet.org/mailman/listinfo/krnet_list.krnet.org to change options. To UNsubscribe from KRnet, send a message to krnet-le...@list.krnet.org
