If I had a boat insured for 8,000 and it was in an accident. It was the other persons fault. Mind you the boat has been wrote off as totaled. Would I get the full 8,000 I insured it for or would I get blue book value? I am in the state aof Michigan.
2007-05-13 15:50:39 · 5 answers · asked by morrismom0204 2 in Politics & Government ➔ Law Enforcement & Police
You will get the blue book value for it, or possibly less. You will not get the $8,000.
2007-05-13 15:53:19 · answer #1 · answered by cyanne2ak 7 · 0⤊ 0⤋
You will get the blue book value, unless you had the boat appraised and had a value set.
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If you had the boat valued by a dealer and had it in writing that was your boats value then you will get that.
2007-05-13 22:59:10 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You would get the current fair market value of the boat.
2007-05-13 23:14:34 · answer #3 · answered by Anonymous · 0⤊ 0⤋
blue book value
2007-05-13 22:59:45 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Ask your insurance company.
2007-05-13 23:03:26 · answer #5 · answered by CGIV76 7 · 0⤊ 1⤋