Goodbye to our Beast- a 1973 Sportscoach
It was our retirement trip. Planned 6 months duration, We'd been out 6 weeks. Driving along in New Brunswick, a lovely morning, almost no traffic on a 2 lane highway, approaching Bathurst, NB. W...
Forum Discussion
BigRabbitMan wrote:
The financial side of this tragedy illustrates the desirability of having "agreed value" insurance for older motorhomes in particular. Since list values are so low, one that has been maintained and upgraded has a greater value than what insurance companies are normally willing to pay.
I don't know if this will apply to motorhomes, but here goes anyway.
My brother owned an automotive body shop back in the day that specialized in classic cars, Corvettes, etc. One day a customer came in with a very nice 69 Plymouth GTX with a wrecked front end. He told my brother that he went to the other guys insurance agent (other guy was at fault) to get compensation or repair for his car. The insurance agent told him the car was a total and here's a check for $2500. This guy looked the insurance agent straight in the eye and informed him that he could claim the car was a total, but he will now have to pay the appraised value of $30,000. He had the documents in hand. That was how the car ended up in my brothers shop as opposed to the scrap yard.
