Insurance Co disagreement about value of stolen trailer

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01-05-2005, 10:21 PM

#21

KenP

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Re: Insurance Co disagreement about value of stolen trailer

Fix it. Order 2 beams

01-05-2005, 10:27 PM

#22

Sean H

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Re: Insurance Co disagreement about value of stolen trailer

it should turn right easier now.....

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01-06-2005, 03:20 PM

#23

customryder

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Re: Insurance Co disagreement about value of stolen trailer

was their any money from the ins, on the first claim? if so be careful. knowing this NEW info i would take the money & run........................ fast

01-06-2005, 03:33 PM

#24

t500hps

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Re: Insurance Co disagreement about value of stolen trailer

Quote:

Originally Posted by customryder

was their any money from the ins, on the first claim? if so be careful. knowing this NEW info i would take the money & run........................ fast

The trailer was hit on a Thursday night. Pic's taken the next morning. Ins Co didn't come to look at it until Wed noonish and the trailer was gone. This happened in New Jersey while I was on my way to pickup my new boat. I had to leave the trailer in NJ for obvious reasons. (I live in Va) This entire incident is all one claim. They never had a chance to access the damage and/or fix the trailer.

01-06-2005, 03:52 PM

#25

customryder

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Re: Insurance Co disagreement about value of stolen trailer

I see, totaled or stolen your still covered. good luck

01-11-2005, 02:43 PM

#26

t500hps

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Re: Insurance Co disagreement about value of stolen trailer

Quote:

Originally Posted by Edward R. Cozzi

According to NADA they are about $600.00 light.
I would get a quote on the identical trailer from the same manufacturer in a new 2005 and then depreciate it two years. Depreciate it 18% for the first year and another 10% for the second year. This should get you in the ballpark.
Good Luck.

I printed out and sent the NADA info (post #8) with the title they requested I send in. The depreciation was re-configured and they are sending an addl $680.00. Thanks for the info all.
Sy. I know you are an Ins guy and I would liked to have seen the reply you deleted. The trailer was insured with my auto policy (progressive has the boat) Would you be interested in looking at my boat policy now knowing I can't tow a trailer???