Archived posting to the Leica Users Group, 2000/05/03
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Bill Satterfield <cwsat@cyberhighway.net> wrote: > For little or nothing, you can add an endorsement stating what value > will be paid in the event of a loss. Ask your agent. Also, ACV is > defined in the policy. Usually means the item can be > depreciated!!!!!!!! Mine is for replacement. It says in the fine print that if it is damaged, State Farm has the option of repairing or replacing. My agent told me that State Farm would use its connections to find the best price, and then reimburse me what it takes to buy the camera and set me up with that dealer. They are counting on being able to pay close to wholesale. Mine also covers mysterious disappearances, which my homeowners doesn't. In other words, if I leave my car unlocked, and it's stolen from my car, the rider will pay out whereas my homeowners would not. The amount of my coverage will be automatically adjusted for inflation each year, so that it will continue to pay out the cost for a new camera. (In other words, they'll raise my premiums every year but sell this to me as a feature. <grin>) __________________________________________________ Do You Yahoo!? Send instant messages & get email alerts with Yahoo! Messenger. http://im.yahoo.com/