Originally Posted by misterp
Texas does NOT have an "agreed" value in the insurance policy contract. The ONLY policy you can get on your vehicle like this in Texas is a "stated" amount policy. I know this for a FACT. So if your insurance company told you they would "write you" a check for $45K if your vehicle totaled, they lied. The policy states they will pay you "up to" the stated value you have listed, which in your case is "$45K". Items such as nitrous are not covered under most policies in Texas because they are illegal, that is why State Farm Insurance will not pay for it. Any time you make modifications to your truck you should notify or make your Agent aware of these changes so that they are covered. We personally have 4 "stated" value policies and 2 daily drivers. That friend of yours in Plano that was offered $1500 for his truck with $10,000 in mods did not know who to talk to about his truck. Like everything in life, there is good and bad, he obviously had an unknowledgeable Agent or your friend is not giving you the full story. State Farm has people who specialize in custom vehicles and help those people settle their claims when their vehicles get in a wreck. Ask DBRODS and DBTBSS about their experience with State Farm. I happen to be that person at State Farm that handles the specialty vehicles, including custom trucks and I make sure that people with custom trucks and cars are taken care of fairly.
Mrs. 1320 CPCU
Reply With Quote
But if I'm helping pay you're salary... it's worth it 
