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Insurance valuation

2K views 19 replies 15 participants last post by  marshallhaas 
I have State Farm. They provide current value replacement coverage for my 05 Elise. $800/year.

I totaled my new BMW 340i after owning it for 8 months. They gave me $1500 more than I paid for it (and I put 10,000 miles on it) because the cost to replace a 340i had gone up so much since I bought mine. State Farm rocks.
 
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