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Beasy Insurance Services Blog

All You Ever Wanted to Know About Insurance

Your Car is Worth More. Is Your Insurance Keeping Pace?

The market value of your car is way up these days, whether it’s old or new, thanks to continuing global supply chain issues and rabid inflation. And, your car’s value is not likely to depreciate any time soon. If your commercial vehicle or personal specialty car are insured using ‘stated amount’ or a prior ‘market value’ figure, your car may be significantly underinsured today. We strongly recommend that you review your current vehicle values and coverage for adequacy. We’re happy to help with your questions or needs.