Subject:
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Re: Insurance
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Newsgroups:
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lugnet.general
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Date:
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Tue, 5 Oct 1999 16:22:26 GMT
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Viewed:
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700 times
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I asked my agent about it and he said it would be covered under my renter's
insurance policy. I didn't have to list items individually but they suggested
that I videotape or photograph everything of value. Do most policys use
replacement value or original cost as to what they will cover?
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Message has 2 Replies:
 | | Re: Insurance
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| (...) Replacement value. A policy based on original cost will have inaccurate data fast, and will grow more inaccurate over time. This would make it very difficult for the insurance company to accurately estimate its liability, and would mean they (...) (25 years ago, 5-Oct-99, to lugnet.general)
| | | Re: Insurance
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| Christopher Tracey <ctracey@usgs.gov> wrote in message news:37FA25C2.6D3784...sgs.gov... (...) renter's (...) suggested (...) This will depend on the type of policy that you get. When we were getting insurance for my business, we went several rounds (...) (25 years ago, 5-Oct-99, to lugnet.general)
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Message is in Reply To:
| | Re: Insurance
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| (...) I'm pretty sure they'd find some way of wriggling out of paying for $5,000[1] worth of replacement Lego if you don't specifically mention it as an item though. Richard [1] Random figure - I'm sure it's a lot higher for some people! (25 years ago, 5-Oct-99, to lugnet.general)
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