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Re: E30M3 Insurance Question (archive)

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Posted by Dave S. on February 22, 2000 at 15:25:15:

In Reply to: E30M3 Insurance Question posted by DCC on February 22, 2000 at 15:20:17:

: With the disparity between the market pricing of good condition E30M3 and the NADA Book Value that banks and insurance companies go by
: What happens when you go out and buy a nice E30M3 for $18K and the insurance company would only insure it for the NADA book value (retail) which is at approx $12K
: Is there anyway to get higher coverage???

: dan

You get screwed. If you want to insure it for 18K, you may have to find a company that will insure it for the "stated value". Be prepared to pay for this.


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