[Scrmegl]

If you wanted the insurance comapany to cover an $8,000 motor then maybe you should have had it appraised at the time of application. Of course you would have a higher premium since you are insuring more value. They pay based on indemnity but if don't tell them what they need to know about the vehicle up front of course the total ACV will be low.

Knowing your rights upfront is VERY important. If your agent doesn't tell you what your rights are then maybe it's time to find one that actually cares about you. But yeah, insurance premiums suck but mainly because we pay for all the under insured drivers out there along with our premiums and then add a few tickets on top of that.