Total loss payouts on stated value policies
I most recently had a total loss on my 08 Z06. I had a stated value of $90,000 on the car. My understanding is that they are required to pay that figure minus the deductible. I lost a 93 40th anniversary coupe that had a $40,000 stated value and that was paid immediately. They are trying to treat the policy as a blue book value and accessory deal. The car is mint with 6446 miles on it. What has been other forum members with this type of incident?