Quote Originally Posted by dugimodo View Post
Paid $2700 for the Bike 2 years ago, current replacement cost $2200, insurance valued it at $1750 - $400 excess = $1350. .
Hmm, not AMI then.
I insured ours, although they said I didn't need to specify it. But I insisted. They insured it for exactly the value I paid and there was no depreciation. They said.
It came under contents and so excess was/is $250.