[Land-speed] Theft Insurance, Pt II

[DAW1]

Yes Bob, but it was YOUR stuff! The bastards need to rot in hell for taking 
it! dw
----- Original Message ----- 
From: <BWANA343 at aol.com>
To: <ifixmgs at cox.net>; <land-speed at autox.team.net>
Sent: Thursday, November 13, 2008 4:10 PM
Subject: [Land-speed] Theft Insurance, Pt II


> Got through to Ins Co rep, asked about the "hold-back" deal.
> I was directed to a endorsement update, apparently in my policy since 1999
> that mostly described this procedure. It read;
> "If the cost to repair or replace the described property is more than 
> $500,
> we will pay no more than the actual cash value for the loss until the 
> actual
> repair or replacement is completed.
> You may make claim for loss on an actual cash value basis and then make
> claim for additional  liability in accordance with this endorsement 
> provided you
> notify us within 180 days after the date of loss"
> I cajoled and schmoozed and she got back later and said based on her
> research she quoted an amount she felt was reasonable .Basically took my 
> $500
> deductible off the top and held back the 20% on about two thirds of the 
> remainder
> to arrive at the figure she arrived at, which was way higher than I 
> thought it
> would be.
> Considering I only had proof of purchase on half of the stuff stolen, this
> isn't a bad deal, I think.
> She did allow that if I contact her within that 180 day period, she'd 
> extend
> it practically indefinitely to allow me to make replacement  purchases 
> when I
> need to, especially considering LSR for me is mostly after 180  days from 
> now.
> I like my Ins Co, never had a problem with them in the over 25 years I've
> been with them. We all know the little dance we do , especially in Auto 
> fender
> benders, to cover the deductible , or in some cases actually commit fraud 
> to
> battle a Ins Co agent who fights every claim and treats everybody like 
> they
> are  out to make a profit on an accident or theft. I've never had that 
> problem
> since  I've had this Company. Your mileage may vary,obviously.
> Thanks to all who either offered advice or gave condolences, it's all only
> stuff..
> BOB W...."nothing anti matters"
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