Quote:
Originally Posted by robertmark
Because as I stated in an earlier post, they want proof that the agreed value you are requesting is current market value, as proven through recent sales. Otherwise you could buy a pos and insure it for a million bucks and roll it off a cliff. On the other hand if your not a scammer why insure for twice it’s market value. You’re just making the insurance cos more $$$$
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Exactly that’s not full agreed value that’s just stated value that you need to back up with proof. Real agreed value is you saying it’s worth $150k and you pay that premium and that’s that. No hassles no haggles