Is It Collector Car Insurance or a Crossword Puzzle?

The answers are not always what your insurance agent tells you ...

It's what agents fail to tell you or don't understand.

by Holly Bromberg

From the book:
The SL Experience
"Five Decades of the
Mercedes-Benz SL"
The Ultimate SL Resource Book

358 pages. Over 250 color photos. Hardbound. Full Color.
ISBN 0-9635394-2-6

Part 2:  Actual Cash Value (ACV)

This form of coverage is typically provided by standard auto policies. The insurance company claims adjuster ultimately decides what your collector car is worth at the time of the loss.

While you may have some input, if you do not agree with the claims adjuster, the insurance company claims adjuster decides the final claims settlement.

If you do not agree with the claims settlement, you may have no alternative but to seek legal action, or, if specified in the policy, arbitration.

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