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Insurance Issues from Ida
Posted on 10/18/21 at 8:50 am
Posted on 10/18/21 at 8:50 am
Anyone else getting shafted by their insurance company? I just got back word that after my deductible and other deductions for depreciation, I'm getting a nice $700 check for my $20,000+ in damage...
Posted on 10/18/21 at 8:52 am to OhIMember
If you are paying a hurricane deductible there should be no hold backs for depreciation.
Posted on 10/18/21 at 8:54 am to OhIMember
I second the recoverable depreciation comment
This post was edited on 12/23/21 at 9:23 pm
Posted on 10/18/21 at 8:59 am to OhIMember
quote:
and other deductions for depreciation, I'm getting a nice $700 check for my $20,000+ in damage...
Do you have a replacement cost endorsement?
Posted on 10/18/21 at 9:07 am to OhIMember
I still haven't been able to talk to anyone. Saw my adjuster then nothing
Posted on 10/18/21 at 9:17 am to OhIMember
How much is your deductible? do you have recoverable depreciation on your policy? If you have recoverable depreciation, you will get that withheld money back when repairs are completed.
Posted on 10/18/21 at 9:19 am to OhIMember
quote:
Insurance Issues from Ida
Anyone else getting shafted by their insurance company? I just got back word that after my deductible and other deductions for depreciation, I'm getting a nice $700 check for my $20,000+ in damage...
Congratulation and welcome to the insurance scam.
Posted on 10/18/21 at 9:33 am to OhIMember
At least you got something from yours. My field adjuster didn't come out until 9/26, and all I get are calls saying they have reviewed everything and will be sending me a settlement offer soon. By the way, can you also send us xxx, which the adjuster already has we just want to ask for it again.
Posted on 10/18/21 at 9:45 am to OhIMember
Let’s see the breakdown here, how much is your deductible and how much recoverable depreciation withheld?
There isn’t a whole lot of info in this OP.
There isn’t a whole lot of info in this OP.
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