Subject: Re: Re: Re: Re: Re: Re: reimbursement for items stolen out of a car

Comments:
: Ken, you ignorant slut. : You are just wrong. You have no idea what a homeowners policy does or does not cover. I stated a clear answer to the person's question. You muddy the waters with personal attacks which are unwarranted and make you look like the complete fool you are. : The laptop would NEVER be covered by the auto policy. What "subrigation" are you talking about. Subrogate means to stand in for another. Subrogation involves an insurance company recovering money paid out from a responsible party. In this case, they would have to subrogate against the thief, which is almost never cost effective, even if they are arrested. : You have NO idea what you are talking about and should just shut your mouth. : "Better stay silent and be thought a fool than to open one's mouth and remove all doubt..." : Keep it up kenny. Your fan may yet stay with you (plural left out on purpose). : Keith, there has been one thing that has been of concern about your insurance knowledge that being, you have not been tapped for management and to train new Adjusters although you say you have been an Adjuster for fifteen years. : : In addition to the above, time and time again you have expressed yourself as saying that the Adjusting division of the insurance business sucks. : : The computer was definately cover in transportation while in the vehicle and if the inquirer does not have a Home Owners or a Renters the policy, the auto insurance company must pay the loss minus the deductible. : : If the iquirer does not have either a Home Owners or a Renters Policy, then you should know that the auto and HO insurers will subrigate the loss minus the deductible. : : If the insured has a HO a full replacement policy the loss will be covered at full new value and if not, the auto policy will pay at depreciated replacement value. : : You attempt to Kop-Out of your error is as obvious as your attempted cover up by adding the rider to the Business Interruption Policy I posted previously. : : If you are going to give advice, look up the terms and conditions based upon an inquiry PRIOR to responding to it please. If you don't, then when you are corrected don't sit here and argue with me with your jock-strap in a tightwad. : : Your intended bashing of me everywhere I post a message on the Internet has gotten you as far as your career as an Adjuster, that being, "Adjuster Entry Level". If anyone knows about your ability to give insurance advice it is your employer and he has chosen not to choose you to advance with his company even though you have been an Adjuster for fifteen years with me not knowing how many Adjuster positions with different adjusting companies you may have had. : : You lost any respect that I may have had for your ability to perform when you denied that insurance companies ever pay their adjusters "Loss : : Retention Bonuses", and when you flunked the mini-adjusting course test I gave you which you agreed to over the Interent in a test of your knowledge of the law surrounding contracts when adjusting. : : The next time you read an inquiry, READ IT DAMN IT. Nowhere did the inquirer state that the computer was used for business purposes you ignoramus, so don't bash me as you usually do because you displayed that you are a "gross ignoramus" which is 144 times worse than a regular ignoramus. : : Thank You : : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx : : : kenny, read an HO3 policy once in your life. your pre-licensing course is inadequate for actual policy interpretation, at which you are useless. : : : The sublimit for property "used at any time or extent for business purposes" has been in the HO3 since the 4/84 edition. (Section I, Property Coverages, Covberage C, subparagraph 9 in the 4/91 edition) Transportation has nothing to do with it. "your personal property" is covered "while it is anywhere in the world". The denial may be based on a complete exclusion for business property or a misapplication of limit vs deductible. : : : You are wrong. I can prove it again. : : : I am not an insurance consultant and have never endeavored to begin such an enterprise. : : : : : : : : Ask them to send you the portion of the policy stating where the computer is NOT covered. Is it used for business purposes? If so, there may be a lower limit for coverage, usually $250.00. : : : : : If this is the case, they should pay the limit, even if your deductible is $500. The general rule is that the "deductible comes off the loss" - ie: $2,000 computer less $500 deductible = $1,500 loss. Subject to $250 limit, they pay the lower of the limit or the net loss. : : : : : The computer normally would be covered by homeowners insurance unless it is owned by his employer or "adapted for use from the vehicle power system". : : : : :xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxMy husbands lap top computer was inside of his car when it was stolen a few days ago. Our : : Our homeowners policy is through AllState and they said they would not cover the computer. Is this correct? ALso, when a car is stolen, how long does it take the insurance company to begin the paperwork for the replacement. Thanks for the help. : : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx : : : : Keith, don't get your jock strap in a tightwad, but any items normally found in a home that are placed into a car for transportation are covered also. : : : : That's were he hangs his hat. He was moving his computer to a new location and the computer is normally at home. : : : : It doesn't make a difference if it is a temporary move or a permanent one, because the item was normally kept at his home. : : : : The only exception would be if in the last couple of years since I taught P&C insurance in Florida if coverage has been changed. : : : : There are also times that specified maximum loss amount figure is placed on computers. : : : : Once again, don't get your jock strap in a tightwad. I do recognize that all Adjusters are not perfect as was illustrated with the Business Interruption exhange when you added in the endorcement that was already assumed in my scenario to save face in your posting challenging my information. : : : : Listen Keith, people who view these messages boards don't know you anyway, so what is the big deal if you "boo-boo" once in a while. : : : : Afterall, it's not like you are attempting to build a insurance consultant business, are you? : : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

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