Adjuster Estimates

Tags - Popular | FAQ  

PrevPrev Go to previous topic
NextNext Go to next topic
Last Post 09/29/2009 7:25 AM by  okclarryd
Coverage C Deductible
 6 Replies
Sort:
You are not authorized to post a reply.
Author Messages
steph9176
Guest
Guest
Posts:38


--
09/27/2009 11:36 AM

    OK, I'm going to ask a dumb question. I have not dealt with property in a very long time. I'm a worker's comp adjuster.

    My boyfriend's home was burglarized a couple of weeks ago. I looked at his dec page and it makes no sense to me.

    Does the 1% deductible (1% of the entire home) apply to the contents that were stolen?  Or is it 1% of what he is claiming? 

    Don't throw any fruit at me or anything.

     

    Steph

    Worker's Comp Adjuster who hasn't read a property policy in 2 1/2 yrs

     

    0
    Ol' Ghost
    Member
    Member
    Posts:279


    --
    09/27/2009 1:21 PM
    What state are you in?
    0
    steph9176
    Guest
    Guest
    Posts:38


    --
    09/27/2009 3:19 PM

    Oh sorry, we are in Texas. It's an "all risk" policy. (no such thing as a real all risk policy, just a pretty word)

    0
    Ray Hall
    Senior Member
    Senior Member
    Posts:2443


    --
    09/27/2009 5:57 PM

    Steph the Ded comes of the Gross loss, so if A, B, D was not involved it all falls to 1% of the A coverage on C loss.. A, B, C and D are  in section one and the Ded is always on the A coverage. SO coverage C has a lot of limitations money, rugs etc etc. Figure the whole loss ACV and take the 1% of A off the loss. and sometimes the deductible will disappear.

    0
    Tim_Johnson
    Member
    Member
    Posts:243


    --
    09/28/2009 7:06 AM
    Most of the Texas all risk policies carry a 1% wind and hail deductible and a $250 or $500 ded. on everything else
    Tim Johnson
    0
    HuskerCat
    Veteran Member
    Veteran Member
    Posts:762


    --
    09/29/2009 12:33 AM

    The percentage deductibles generally pertain only to wind/hail, as Tim said.  Check your Dec pages again, or hmmm, ask the adjuster/agent??

    By the way, I have an overflow of tomatoes and the neighbors are getting sick of me pawning them off on them.  Can I throw a few your way?  They are a fruit by definition.   

    0
    okclarryd
    Veteran Member
    Veteran Member
    Posts:954


    --
    09/29/2009 7:25 AM

    I like to throw apples, myself.

    Not as messy (and I like messy) but they leave a really nice bruise.

    By the way, if you don't know, it's not a dumb question. And, if you can't get a smart-ass answer here, you can't get one.

    Lots of benefits on this site. Come back often and be a participant.

    Just please use spelchick.

    Larry D Hardin
    0
    You are not authorized to post a reply.


    These Forums are dedicated to discussion of Claims Adjusting.

    For the benefit of the community and to protect the integrity of the ecosystem, please observe the following posting guidelines: 
    • No Advertising. 
    • No vendor trolling / poaching. If someone posts about a vendor issue, allow the vendor or others to respond. Any post that looks like trolling / poaching will be removed.
    • No Flaming or Trolling.
    • No Profanity, Racism, or Prejudice.
    • Terms of Use Apply

      Site Moderators have the final word on approving / removing a thread or post or comment.