- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: So, insurance companies now send drones to assess your stuff?
Posted on 5/15/26 at 12:19 pm to blueboy
Posted on 5/15/26 at 12:19 pm to blueboy
quote:
which cause the company to raise the total value of their house, thus necessitating a higher level of total coverage.
I get this becomes more expensive for the customer, but if something were to happen resulting in a loss of the home, wouldn't you want the covered value to be the most up to date with today's value?
0
Posted on 5/15/26 at 12:30 pm to Fat and Happy
quote:And no one did this.
You aren’t gonna upgrade your house and not tell the insurance company.
clown
Posted on 5/15/26 at 12:55 pm to DarkDrifter
quote:
You do know market value and the cost to replace are two completely different thing right?
Yes. That’s my point. If my house is worth 600k and I want to insure it for 300k that’s up to me. Lower premium higher risk. Do you understand that concept?
Posted on 5/15/26 at 1:28 pm to stout
quote:
I just switched carriers because my old carrier had sent an inspector a few weeks before my renewal and they raised my replacement value to about 30% higher than what it would be and my interior contents to $500K. I don't have $500K worth of stuff inside my house.
It is generally based off a percentage of your coverage A. 50% of coverage A is usually the default but some larger caprive carriers default to 70%
almost no one has 50% of their coverage A in contents amount, the amount of things you would have to have to reach a half a million in contents in absurd unless you have specialty collection, jewelery, antiques in which case those items should have their own policies. Problem is, some carries will tell you iv you go below a certain percentage of your coverage A on contents, they will no longer cover your contents at replacement value and switch it to ACV
The first thing everyone should look at when trying to lower coverage is their contents amount. Of the things you can change (aka not coverage A) deductibles and contents will generally have the biggest affect on your overall premium
This post was edited on 5/15/26 at 1:33 pm
Posted on 5/15/26 at 5:29 pm to blueboy
quote:
If even insurance ghouls have this tech, who the hell else is doing stuff like this?
Doug, one of the homeowners in your neighborhood.
Posted on 5/15/26 at 5:35 pm to ThePoo
quote:
It is generally based off a percentage of your coverage A. 50% of coverage A is usually the default
Then they were low on my contents vs what they told me my replacement value was, but as I said, I know they overshot my replacement value since I am a contractor.
My new carrier is closer to what my RV actually would be.
Posted on 5/15/26 at 5:37 pm to blueboy
quote:
who the hell else is doing stuff like this?
Anyone who can afford it and that will benefit from it.
Posted on 5/15/26 at 5:42 pm to blueboy
This post was edited on 5/15/26 at 6:07 pm
Posted on 5/15/26 at 5:45 pm to stout
quote:
I know they overshot my replacement value since I am a contractor.
Some companies are a little high but it’s not nearly unjustified as what you are imagining despite your profession
Posted on 5/15/26 at 5:59 pm to blueboy
This may be better than what has caused a stir in California over the past couple years. They changed regulations that now allow insurance companies to use satellite imagery to assess properties. That has opened up a mess of problems.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News