Can they use my own value against me? Can they use my own value against me? I inherited a very expensive car, valued around $200k. However, no matter what happens to it, I can rebuild it for less than half that. To save on insurance costs, I'm considering declaring the value on my policy at only $100k. My question is, if I'm involved in a non-fault accident, can the other insurance company use my declared value ($100k) as the car's va Sector: Insurance | Confidence: 95% Source: https://www.reddit.com/r/Insurance/comments/1rfy55u/can_they_use_my_own_value_against_me/ --- Council (3 models): Synthesis failed #FIRE #Circle #insurance