Insurance option (Trade/Market Value)

#BlackFriday Bought my first car and got MiWay insurance. I didn’t know the difference between Market Value and Trade Value. The agent who assisted me did y tell me that if ever I chose to insure my car with Trade value, my car would be under insured because the trade value goes down fairly quickly. Now I am busy paying off the shortfall because of the option I chose.

The claims process was good though!!