Hi All,
After a throughly incompetent investigation by the local constabulary, I
took the list of missing items to the insurance comapny. Here are the
results:

Generator: 2 years old, depreciated 60% Cost 1900.00
Paid 900.00
GPS 18 Months Old. depreciated 12% Cost 799.00
703.12
GPS Cartographic chip not covered Cost 125.00
Fishing Poles not covered Cost 90.00
Binox depreciated %75 Cost 299.00
99.60
tools not covered Cost
159.00
Magnagrille not covered Cost 179.00
Magnagrille mount not covered Cost 45.00
TV-DVD player Depreciated 75% Cost 399.00
99.75

Total Loss
3995.00 Insurance Payment 1802.47

Net Loss 2192.53

Moral, Check your insurance policy to determine what is covered and what is
not!

"Capt Frank Hopkins" wrote in message

Net Loss 2192.53

Moral, Check your insurance policy to determine what is covered and what
is
not!

Just ensure that your policy is for replacement cost rather than ACV.

"Capt Frank Hopkins" wrote in message
hlink.net...
Hi All,
After a throughly incompetent investigation by the local constabulary, I
took the list of missing items to the insurance comapny. Here are the
results:

Generator: 2 years old, depreciated 60% Cost 1900.00
Paid 900.00
GPS 18 Months Old. depreciated 12% Cost 799.00
703.12
GPS Cartographic chip not covered Cost 125.00
Fishing Poles not covered Cost
90.00
Binox depreciated %75 Cost 299.00
99.60
tools not covered Cost
159.00
Magnagrille not covered Cost
179.00
Magnagrille mount not covered Cost 45.00
TV-DVD player Depreciated 75% Cost 399.00
99.75

Total Loss
3995.00 Insurance Payment 1802.47

Net Loss 2192.53

Moral, Check your insurance policy to determine what is covered and what
is
not!


Check your homeowner's insurance. It might cover stuff like tools and
fishing poles. That is often the case.
And why did they cover the GPS but not the chip in it?

Shows that the additional cost of "replacement cost" coverage might be
justified. And when you find out where I can buy one of those 2 year old
generators for 40% of new, drop me a line. Sounds like my price range

del

"Del Cecchi" wrote in message

Check your homeowner's insurance. It might cover stuff like tools and
fishing poles.

The interpretation I've received is that HO should cover any ancillary item
on the boat that is not normally or exclusively considered a marine item, or
something you might likely carry back and forth with you. HO would not
cover a 12V coffeemaker, but would probably cover a 120V unit. That sort of
thing.

"Del Cecchi" wrote in message
...

"Capt Frank Hopkins" wrote in message
hlink.net...
Hi All,
[snip]

I did check with homeowner's policy. Because the boat is listed as a "second
home" on the taxes, the primary policy does not cover theft losses. A rather
sneaky catch 22. The chip is not covered because the adjuster chose not to
cover it. No amount of arguing could get her to change her mind. I was under
the impresssion that all the boat's equipment was 100% covered. It turns
out, only the actual boat and manufacturer installed equipment is 100%
covered. Owner installed "accessories" are covered at a pro-rata amount. The
insuranace company gets to determine the discount.

I did contact my attorney, who said that there is a claim there, but by the
time I pay his fees, court costs, and the 5 years it will take to chase the
claim through the courts, It will cost me more then the loss I could
recover.

I am looking for a new insurance company. The good hands developed stickey
fingers.

C.F.

Check your homeowner's insurance. It might cover stuff like tools and
fishing poles. That is often the case.
And why did they cover the GPS but not the chip in it?

Shows that the additional cost of "replacement cost" coverage might be
justified. And when you find out where I can buy one of those 2 year old
generators for 40% of new, drop me a line. Sounds like my price range

del

On Sat, 07 Feb 2004 13:07:24 GMT, "Capt Frank Hopkins"
wrote:


"Del Cecchi" wrote in message
...

"Capt Frank Hopkins" wrote in message
hlink.net...
Hi All,
[snip]

I did check with homeowner's policy. Because the boat is listed as a "second
home" on the taxes, the primary policy does not cover theft losses. A rather
sneaky catch 22. The chip is not covered because the adjuster chose not to
cover it. No amount of arguing could get her to change her mind. I was under
the impresssion that all the boat's equipment was 100% covered. It turns
out, only the actual boat and manufacturer installed equipment is 100%
covered. Owner installed "accessories" are covered at a pro-rata amount. The
insuranace company gets to determine the discount.

I did contact my attorney, who said that there is a claim there, but by the
time I pay his fees, court costs, and the 5 years it will take to chase the
claim through the courts, It will cost me more then the loss I could
recover.

I am looking for a new insurance company. The good hands developed stickey
fingers.

I had some GOOD NEIGHBORS until I had a claim over twenty years ago.

Of course, the STATEd amount on the FARM tractor I was restoring was
disputed in court, however I won the day. The bad news it actually
did take five years. The good news was that it cost my GOOD NEIGHBORS
four times what it would have if they had just paid up to begin with.

Not to mention the lucrative business they could have had insuring the
real estate and other stuff.

Later,

Tom
S. Woodstock, CT
----------

"To the fisherman born there is nothing
so provoking of curiosity as a fishing rod
in a case."

Roland Pertwee, "The River God" (1928)

"Capt Frank Hopkins" wrote in message
I am looking for a new insurance company. The good hands developed stickey
fingers.

Call Al or Gary Golden at International Marine Insurance Services, in
Maryland

www.imiscorp.net

Good service. Good advice.

John Gaquin

Try your state's department of insurance. I had a problem with an auto claim
several years ago and a quick letter to http://www.ins.state.il.us/ took care of
the problem in less than two weeks. The check even came with a letter of
apology! The insurance companies can lose their ability to operate in an entire
state if they have too many problems.

I mentioned this in another post but I recently switched to Progressive. State
Farm's rates skyrocketed in Florida. They even sent a note explaining the
unusually high increase with the renewal notice. With Progressive, I maxed out
my liability limits and I am still saving over $200 per year vs State Farms new
premium. Fortunately, I can't comment on either company's claims procedures.

Dan


Capt Frank Hopkins wrote:
"Del Cecchi" wrote in message
...

"Capt Frank Hopkins" wrote in message
rthlink.net...

Hi All,
[snip]


I did check with homeowner's policy. Because the boat is listed as a "second
home" on the taxes, the primary policy does not cover theft losses. A rather
sneaky catch 22. The chip is not covered because the adjuster chose not to
cover it. No amount of arguing could get her to change her mind. I was under
the impresssion that all the boat's equipment was 100% covered. It turns
out, only the actual boat and manufacturer installed equipment is 100%
covered. Owner installed "accessories" are covered at a pro-rata amount. The
insuranace company gets to determine the discount.

I did contact my attorney, who said that there is a claim there, but by the
time I pay his fees, court costs, and the 5 years it will take to chase the
claim through the courts, It will cost me more then the loss I could
recover.

I am looking for a new insurance company. The good hands developed stickey
fingers.

C.F.


Check your homeowner's insurance. It might cover stuff like tools and
fishing poles. That is often the case.
And why did they cover the GPS but not the chip in it?

Shows that the additional cost of "replacement cost" coverage might be
justified. And when you find out where I can buy one of those 2 year old
generators for 40% of new, drop me a line. Sounds like my price range

del

State Farm sucks. They were writing a policy on my smaller boat, both cars,
my house, and an umbrella policy. About three months ago, they wouldn't
write one on my bigger boat (stored on a rack in an enclosed building)
because the building was in "Coastal Waters". They now don't get to write
one on *any* of my possessions. I was going to check Progressive until I
read that their Director was one of the biggest contributors to moveon.org
(about $1.5 million).



"Dan Krueger" wrote in message
hlink.net...
Try your state's department of insurance. I had a problem with an auto
claim
several years ago and a quick letter to http://www.ins.state.il.us/ took
care of
the problem in less than two weeks. The check even came with a letter of
apology! The insurance companies can lose their ability to operate in an
entire
state if they have too many problems.

I mentioned this in another post but I recently switched to Progressive.
State
Farm's rates skyrocketed in Florida. They even sent a note explaining the
unusually high increase with the renewal notice. With Progressive, I
maxed out
my liability limits and I am still saving over $200 per year vs State
Farms new
premium. Fortunately, I can't comment on either company's claims
procedures.

Dan


Capt Frank Hopkins wrote:
"Del Cecchi" wrote in message
...

"Capt Frank Hopkins" wrote in message
rthlink.net...

Hi All,
[snip]


I did check with homeowner's policy. Because the boat is listed as a
"second
home" on the taxes, the primary policy does not cover theft losses. A
rather
sneaky catch 22. The chip is not covered because the adjuster chose not
to
cover it. No amount of arguing could get her to change her mind. I was
under
the impresssion that all the boat's equipment was 100% covered. It turns
out, only the actual boat and manufacturer installed equipment is 100%
covered. Owner installed "accessories" are covered at a pro-rata amount.
The
insuranace company gets to determine the discount.

I did contact my attorney, who said that there is a claim there, but by
the
time I pay his fees, court costs, and the 5 years it will take to chase
the
claim through the courts, It will cost me more then the loss I could
recover.

I am looking for a new insurance company. The good hands developed
stickey
fingers.

C.F.


Check your homeowner's insurance. It might cover stuff like tools and
fishing poles. That is often the case.
And why did they cover the GPS but not the chip in it?

Shows that the additional cost of "replacement cost" coverage might be
justified. And when you find out where I can buy one of those 2 year
old
generators for 40% of new, drop me a line. Sounds like my price range

del

Do you have a link to his affiliation with those extremists? I'd like to email
it back to them...

Thanks,
Dan


NOYB wrote:
State Farm sucks. They were writing a policy on my smaller boat, both cars,
my house, and an umbrella policy. About three months ago, they wouldn't
write one on my bigger boat (stored on a rack in an enclosed building)
because the building was in "Coastal Waters". They now don't get to write
one on *any* of my possessions. I was going to check Progressive until I
read that their Director was one of the biggest contributors to moveon.org
(about $1.5 million).



"Dan Krueger" wrote in message
hlink.net...

Try your state's department of insurance. I had a problem with an auto

claim

several years ago and a quick letter to http://www.ins.state.il.us/ took

care of

the problem in less than two weeks. The check even came with a letter of
apology! The insurance companies can lose their ability to operate in an

entire

state if they have too many problems.

I mentioned this in another post but I recently switched to Progressive.

State

Farm's rates skyrocketed in Florida. They even sent a note explaining the
unusually high increase with the renewal notice. With Progressive, I

maxed out

my liability limits and I am still saving over $200 per year vs State

Farms new

premium. Fortunately, I can't comment on either company's claims

procedures.

Dan


Capt Frank Hopkins wrote:

"Del Cecchi" wrote in message
...


"Capt Frank Hopkins" wrote in message
. earthlink.net...


Hi All,
[snip]


I did check with homeowner's policy. Because the boat is listed as a

"second

home" on the taxes, the primary policy does not cover theft losses. A

rather

sneaky catch 22. The chip is not covered because the adjuster chose not

to

cover it. No amount of arguing could get her to change her mind. I was

under

the impresssion that all the boat's equipment was 100% covered. It turns
out, only the actual boat and manufacturer installed equipment is 100%
covered. Owner installed "accessories" are covered at a pro-rata amount.

The

insuranace company gets to determine the discount.

I did contact my attorney, who said that there is a claim there, but by

the

time I pay his fees, court costs, and the 5 years it will take to chase

the

claim through the courts, It will cost me more then the loss I could
recover.

I am looking for a new insurance company. The good hands developed

stickey

fingers.

C.F.



Check your homeowner's insurance. It might cover stuff like tools and
fishing poles. That is often the case.
And why did they cover the GPS but not the chip in it?

Shows that the additional cost of "replacement cost" coverage might be
justified. And when you find out where I can buy one of those 2 year

old

generators for 40% of new, drop me a line. Sounds like my price range

del