by Guest » Tue Jan 31, 2012 03:20 am
My fridge did not work after lightning hit my home - my insurance company told me I had coverage but only paid a depreciated amount because they said under replacement cost endorsement it does not pay replacement cost for domestic applicances
Posted: Tue Jan 31, 2012 06:29 am Post Subject:
Okay... is there a question? Have you read your policy or asked them to point out where your policy states this? No one here knows how your policy reads.
Posted: Tue Jan 31, 2012 08:12 pm Post Subject: REPLACEMENT COST
I think part of my question got cut off. My policy states I have replacement cost benefits but they do not apply to domestic appliances, among other things. What is a domestic appliance? My built-in fridge??
Posted: Tue Jan 31, 2012 08:12 pm Post Subject: REPLACEMENT COST
I think part of my question got cut off. My policy states I have replacement cost benefits but they do not apply to domestic appliances, among other things. What is a domestic appliance? My built-in fridge??
Posted: Tue Jan 31, 2012 08:13 pm Post Subject: REPLACEMENT COST
I think part of my question got cut off. My policy states I have replacement cost benefits but they do not apply to domestic appliances, among other things. What is a domestic appliance? My built-in fridge??
Posted: Tue Jan 31, 2012 09:19 pm Post Subject:
Id think your fridge would be a domestic appliance. Does your policy define what a domestic appliance is? If not you could try to argue that its not. Argue that there is no cut off for what is "domestic" and what is not. File a complaint with the states Dept of Ins if its not defined.
Shop for another carrier... I've not seen one that has this limitation.
Posted: Wed Feb 01, 2012 10:52 am Post Subject:
Yes, that is an unusual exclusion for replacement cost. What's the name of your insurance company, and what state do you live in?
Posted: Wed Feb 01, 2012 03:01 pm Post Subject:
What kind of an HO policy is this? I have seen claims on single slice toasters being honored. This is downright weird :roll:
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