- Nov 6, 2008
- Alameda, CA
- Display Name
My classic car policy has a clause that allows me first option to buy back a totaled car, my common car policy does not.
What is common with airplanes?
I think it's customary to offer first right of refusal to the insured, but I don't think it was a contractual item. I'd need to go look. We've bought back planes that were "totaled" before, the adjusters always seemed pleased that we'd consider the option.