|
|
|
#1
|
||||
|
||||
Insurance claim ????
I am dealing with the insurance co. on our recent theft. I am submitting our claim soon. Can anyone here help me on thing I might have forgotten or didn't know about?
Here is the coverages on my policy: Building - Actual cash value limits $160,000 Business Personal Property - Replacement Cost - $61,800 Business Income and extra expense Equipment Breakdown Products - Completed Operations Aggregate $500,000. Any help would be appreciated. I don't know if the policy includes 15 years of lost files.
__________________
For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
#2
|
||||
|
||||
Do those lost files put a damper on your income stream? Are they for example templates and other formats that you routinely use to create new print jobs? If so I'd think you could put a dollar value on them.
__________________
You're a daisy if you do. __________________________________ 84 Euro 240D 4spd. 220.5k sold 04 Honda Element AWD 1985 F150 XLT 4x4, 351W with 270k miles, hay hauler 1997 Suzuki Sidekick 4x4 1993 Toyota 4wd Pickup 226K and counting |
#3
|
||||
|
||||
Absolutely. each file took from 15 minutes to several hours to create. Without those files, I will have to create them again costing me 1000's of production hours. I calculated that over the last 15 years, that at 5 files a day = 23,400 files that I would have to recreate. How would I put a value on those files?
__________________
For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
#4
|
||||
|
||||
Quote:
__________________
You're a daisy if you do. __________________________________ 84 Euro 240D 4spd. 220.5k sold 04 Honda Element AWD 1985 F150 XLT 4x4, 351W with 270k miles, hay hauler 1997 Suzuki Sidekick 4x4 1993 Toyota 4wd Pickup 226K and counting |
#5
|
||||
|
||||
Quote:
__________________
For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
#6
|
|||
|
|||
Unless they can prove you can buy a complete commercial package to replace them in my opinion. You may have quite a claim.
Of course they would purchase the package if commercially available. It to me is like loosing propietory stuff if not available from an outsource. |
#7
|
||||
|
||||
At the formula that I posted above, based on $40 an hour, the total would be $515,400. I'm not holding my breath though. We asked the adjuster if we had intellectual property coverage, and he said no. Is there a different way to word that question to the adjuster? I suspect that he isn't going to be forth coming with any help.
__________________
For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
#8
|
|||
|
|||
Quote:
|
#9
|
||||
|
||||
In layman's term please... I'm not the brightest bulb.
__________________
For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
#10
|
|||
|
|||
Needs a legal definition in my opinion. Basically everything we have or use was originally created by the intellectual process. In this case it was created intellectually by you. This to me overall is somewhat irrelavent.
The end intention and use was as a tool is the important factor. Tools used as a product of your day to day operations where insured. You did not loose the intellectial creation process. You lost the propietary tool resulting from it. Really needs a site lawyer to comment. I never even rose to the staus of being a jailhouse lawyer. This post is from another lower lumens output type of bulb by the way. You do seem to get into some interesting situations though. |
#11
|
||||
|
||||
I talked to another insurance agent, and he said to not ask for a ton of money because it would make us looking like we are trying to take advantage of them.
__________________
For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
#12
|
|||
|
|||
Competent on-site PC help costs from 50-150 / hr + expenses for this kind of thing.
__________________
Remember, Safety Third! '99 E300 Turbodiesel, '82 300TD, 1996 12V Cummins Turbo, '94 Neoplan - Detroit 6V92TA |
#13
|
|||
|
|||
Quote:
Insurance companies are your friend until you need what you paid for sometimes. |
#14
|
||||
|
||||
Quote:
__________________
For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
#15
|
|||
|
|||
They probably will show some sensitivity when and if they enter the modern world. Adjusters get more work from shortchanging claimants far too often.
This adjuster should have realised you are not going to walk away from that particular issue. It is pretty certain he was either b -ll Sh---ing you or was out of his depth. If for example you lost the programming for a cnc machine. It too is just a tool. Plus subject to coverage the same as the machine is. |
Bookmarks |
|
|