Hagerty's new 1982–94 BMW E30 3 Series Buyer’s Guide

[Poorhouse]

Sounds like you are good with that endorsement.

Do you have the endorsement language?

[Aleman]

Hagerty's 2017 Commercial on Guaranteed Value:

https://www.youtube.com/watch?v=gNsSzeFSeZ4

[laidback93]

Sounds like you are good with that endorsement.

Do you have the endorsement language?

Screenshot attached. This is where it gets tricky.

[Aleman]

Glad to see it's your car rather than someone else's. LOL

[laidback93]

Glad to see it's your car rather than someone else's. LOL

Damn right it's my car, I mean your car, I mean...

What we're we talking about?!?

[lukeADE335i]

Reading there, it looks like they're just stating that the car must be in the state that it was when you took out the policy to claim the agreed value - ie. if you've removed parts between setting the value and the accident, you can't then claim the full amount. Similarly if there was undisclosed damage between taking out the policy, and the accident, then that would have an effect on the value too.

Doesn't seem a big deal.

[laidback93]

Reading there, it looks like they're just stating that the car must be in the state that it was when you took out the policy to claim the agreed value - ie. if you've removed parts between setting the value and the accident, you can't then claim the full amount. Similarly if there was undisclosed damage between taking out the policy, and the accident, then that would have an effect on the value too.

Doesn't seem a big deal.

That’s what I gathered as well. Thanks for the assessment.

Insurance is all a big game.

[2mAn]

Insurance is all a big game.

Fact.

Its a business and they arent in the business of paying out thousands everytime some old car gets wrecked.

[roguetoaster]

Fact.

Its a business and they arent in the business of paying out thousands everytime some old car gets wrecked.

Sure, and now you're going to tell me that Santa won't leave me a quarter under my pillow on Easter.