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NNT · 12-06-2009, 05:29 PM

Just sold my scooter to someone and when doing the paper work at autoplan, the agent ask about the declair value and it is just a number I came up. so what does that do when the scooter get stolen in the future? so I sold the scooter for $2000 and I declair it as $3000. so ICBC is gonna pay the new owner 3K if the bike got stolen? if ICBC is paying the new owner market value instead then why are they asking the declair value of the scooter?

12-06-2009, 05:29 PM	#1
NNT RS.net, where our google ads make absolutely no sense! Join Date: Apr 2001 Location: Van Posts: 930 Thanked 53 Times in 30 Posts Failed 13 Times in 3 Posts	Insurance declair value? Just sold my scooter to someone and when doing the paper work at autoplan, the agent ask about the declair value and it is just a number I came up. so what does that do when the scooter get stolen in the future? so I sold the scooter for $2000 and I declair it as $3000. so ICBC is gonna pay the new owner 3K if the bike got stolen? if ICBC is paying the new owner market value instead then why are they asking the declair value of the scooter?