Agreed Value with Insurance - Do you have it?

We had GEICO for many years for the house. No issues with them paying on claims (hail damage to our roof). We switched because our independent agent find us a better deal by bundling...T

 

I'd change that deductible to a grand if I were you. But that's me.

 

Tom, did they ever pay you when you tried to fix the gas furnace by yourself and almost blew up the house?

I agree if the policy is like mine. If I recall, a $500 deductible would cost me $300 more than a $1000 deductible. So I would have been paying $300 to save a potential $200 if I had a claim (and that's each year).

Of course if you are real accident prone, go for the zero deductible!

 

Most body shops will eat your deductible anyways...

 

I do have it for my 458 and I am currently with a specialty insurance company. Previously I was with State Farm and I remember while they weren't too overly expensive, they maxed out at something like $125k value when paying out so some food for thought.