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Corvette
C6 Forum
Who can I contact to get recent Canadian sale prices?
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<blockquote data-quote="1 BAD 9T9" data-source="post: 238336" data-attributes="member: 3083"><p>Sorry for your loss. </p><p></p><p>Here is my 2cents of insurance advise. In Ontario you ask for a 19A endorsement on your policy which presets the agreed value if there is a total loss or a theft. There is about a 10% increase in the premium for this coverage, but eliminates any future value arguments. The value must be based on an appraised or dealer sale value. provided to your insurer. </p><p></p><p>In my particular case I don't know what the insurance company would base the value of a regular C6 convertible, I don't even know if there are book values published for my low mileage Indy Pace Car since there were only 500 made about 14 years ago. I guess value for a standard 'vert would be around $25,000 to $30,000 whereas my Pace car is valued at $44,000. My 19A endorsement adds HST to the value and is agreed at $49,500. </p><p></p><p>Message to all of you, check with your insurance agent and ask what the value of your car would be in a total loss and you may be surprised at what you get. Remember who it is who appraises the value when you have a loss. Don't forget the taxes as well. Maybe you need a 19A endorsement.</p></blockquote><p></p>
[QUOTE="1 BAD 9T9, post: 238336, member: 3083"] Sorry for your loss. Here is my 2cents of insurance advise. In Ontario you ask for a 19A endorsement on your policy which presets the agreed value if there is a total loss or a theft. There is about a 10% increase in the premium for this coverage, but eliminates any future value arguments. The value must be based on an appraised or dealer sale value. provided to your insurer. In my particular case I don't know what the insurance company would base the value of a regular C6 convertible, I don't even know if there are book values published for my low mileage Indy Pace Car since there were only 500 made about 14 years ago. I guess value for a standard 'vert would be around $25,000 to $30,000 whereas my Pace car is valued at $44,000. My 19A endorsement adds HST to the value and is agreed at $49,500. Message to all of you, check with your insurance agent and ask what the value of your car would be in a total loss and you may be surprised at what you get. Remember who it is who appraises the value when you have a loss. Don't forget the taxes as well. Maybe you need a 19A endorsement. [/QUOTE]
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Corvette
C6 Forum
Who can I contact to get recent Canadian sale prices?
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