BiXLL
Petty Officer 1st Class
- Joined
- Aug 4, 2003
- Messages
- 266
Well guys, 1 day after the adjuster met with me, she called me back. First let me tell you that I improperly insured my boat, a mistake I will never make again, and hopefully you all will make sure you don't do as well. I insured the boat for an agreed cash value, basicly what the Sales agreement had on it. I never realized that contents of the boat has to be written as a rider on the policy, or jack up your agreed cash value to cover them. I am out between 3 and 4 thousand from what I lost that I added to the boat. If I had added the camper inclosure after the sale, instead of it being part of the sale, that amount could have easily doubled! The adjuster I had was very knowledgable, professional, but at the same time very compasionate! She even sat with me going over the list of what I had lost from contents telling me what I could file a claim with my home owners insurance to get some of my loss back! <br /><br />Here is what she got for me:<br />Boat and motor was a total loss, trailer was "boat specific", so it was also written as a loss. Myself and club members did the "Rescue" operation of getting it rited, and out of the water, which I got $500.00 for. She had the deductable waved as it was a total loss, which is another $500.00. She had determined that the recovery of the loss was going to be very expensive and asked me this question.<br /><br />Do I know anybody that in exchange for everything, boat motor and trailer, that would come in and get rid of everything, so they could close the case! I told her consider it done! I have all ready had 2 people asking about buying the hull/deck, I know 1 guy is thinking of making a floating work platform out of it. I am looking to see if the motor is salvageable, if not, I will be able to part it out, and I have a 27' dual axle, galvanized trailer with surge brakes! The furniture is also in very good shape considering, so I will be able to sell that, I have taken both ladders off of it, plus things I am not thinking of at this moment. <br /><br />Needless to say, I am VERY happy with the treatment from the insurance adjuster (independant), and insurance company!(State Farm)<br /><br />Edited: Moderator1 <br /><br />Soliocitations are not allowed here.<br /><br />You can place an ad here.<br /><br /> http://www.iboats.com/boats/marine--1/thrifties--107/
