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**dserbokim** · 08-06-2012, 12:56 AM

You're worse than Bungle when it comes to thinking about things.

Sure, it is stupid if you rationalise it, but it's just not something people think about and insurance companies aren't going out of their way to point it out to them.

I used to work in insurance. Used to work for a brokers that did jap import vehicle insurance. I can tell you 99% of our clients were more than happy with the service they were given and the premiums they were offered. I only encountered maybe a handful of clients that that thought they should be given anything other than the amount of money it takes to replace what they have lost.. Out of thousands of them. So forgive me for assuming the majority of people would be able to see the logic..

We did agreed values on vehicles where it was proved to us the car was worth more than market value. For instance we had a 1993 Toyota supra that was insured for an agreed value of 60k. The market value for that car is about 6k... But it was warranted because the car could NOT be replaced with just a standard car... It was special because it had specific modifications etc. So that is fine.. As i said you are insuring your vehicle... So what ever your vehicles IS WORTH is what you should get in the event of a loss. No more no less.... To think other wise, is not to think.

08-06-2012, 12:56 AM	#35
dserbokim Join Date Oct 2005 Posts 542 Senior Member	You're worse than Bungle when it comes to thinking about things. Sure, it is stupid if you rationalise it, but it's just not something people think about and insurance companies aren't going out of their way to point it out to them. I used to work in insurance. Used to work for a brokers that did jap import vehicle insurance. I can tell you 99% of our clients were more than happy with the service they were given and the premiums they were offered. I only encountered maybe a handful of clients that that thought they should be given anything other than the amount of money it takes to replace what they have lost.. Out of thousands of them. So forgive me for assuming the majority of people would be able to see the logic.. We did agreed values on vehicles where it was proved to us the car was worth more than market value. For instance we had a 1993 Toyota supra that was insured for an agreed value of 60k. The market value for that car is about 6k... But it was warranted because the car could NOT be replaced with just a standard car... It was special because it had specific modifications etc. So that is fine.. As i said you are insuring your vehicle... So what ever your vehicles IS WORTH is what you should get in the event of a loss. No more no less.... To think other wise, is not to think.
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