Its all a bit murky to me. I know when I recently reworked my stated value insurance I specifically asked what I could do about buying my wrecked vehicle back or buying the drivetrain out of it in the case of a total loss. He explained that it was very doable and happened.
In that case I would just agree on a total value. I don't see why I would tell them I valued the motor more than the car. I checked the "modified" engine box, other than that we agreed on a value and signed the paper. I feel like I would only be handicapping myself if I gave more information that I had to.
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1967 Firebird 462 580hp/590ftlbs
1962 Pontiac Catalina Safari Swapped in Turd of an Olds 455
Owner/Creator Catfish Motorsports
https://www.youtube.com/@CatfishMotorsports
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