Ferrari Mailing List: Re: Today's Ferrari Chuckle

[Larry B (larrybard]

Replacement cost/agreed value policies aren't so unusual.  My coverage with 
Chubb has always had that feature.  But the point is not that if, for example, 
you have a 1995 Porsche 993 (forgive the example) which was totalled you would 
have enough to buy a 2009 model.

 

The most annoying part is on the house side; I have a Chubb "Masterpiece" 
policy, and am paying a premium based on what it would cost to completely 
rebuild my house -- even though that is about four times the market value of 
the house.
 
> Date: Tue, 15 Sep 2009 13:52:04 -0700
> From: cavallino_rapante [at] yahoo.com
> Subject: Re: [Ferrari] Today's Ferrari Chuckle
> CC: ferrari [at] ferrarilist.com
> To: larrybard [at] hotmail.com
> 
> I thought you had one of those agreed-value policies that would allow you to 
> 'trade-up' to a newer/better model if you ever lost a car due to an accident 
> for natural disaster?  Those kind of policys are hard to come by, no?
>  
> M