What did you do for insurance?

[wagondude]

The guy who gets the commission will always do whatever is required to get the sale. The office folks make the easy sales and the boss still gets the commission. That's why they wouldn't do any extra work for you. Always go to the one who is hungry for the money.

[48Rob]

The problem was that if I had to make a claim he wanted to make sure that there would be no confusion on what State Farm would pay. Apparently this can happen even if you think you are insured for a certain amount.

insured as a "utility trailer" for an estimated value of $9,000 - $11,000.

Ryan, I'm glad you got some insurance.
Some is better than none.

Now you have insurance, do you know what they will pay you if it is totaled?
Yes, I know you said 8-11 thousand, but ask your agent, "how much will I get, today, if it is totaled?"
If he/she says 8-11 thousand, they aren't very well informed.

I'm really curious, because I've gone around and around with State farm, and all they will offer for a homebuilt is "stated value".
That is, you can "state" whatever you want, and they will insure it, But if you have a claim, they will pay "what it is worth".
They decide what it is worth, that you have it insured for 8-11 thousand doesn't mean that is what they will pay.

I spoke with the heads of trailer, and vintage car divisions in the home office and they will not offer agreed value policies on a trailer, only cars.

Rob