Disaster strikes...

Bolt action rifles, lever action, pump action, self loading rifles and other miscellaneous longarms.

Re: Disaster strikes...

Post by Bent Arrow » 17 Nov 2017, 5:39 pm

RoginaJack wrote:"with possibly financial adjustment if devalued as a result....", please explain because after all, you dropped it? :shock:



I'm not sure what you mean by this. An item that was in good condition with a nominal market value was accidentally damaged and may not be able to be repaired to the pre-existing condition and value. Hence, the insurer may pay a financial adjustment to offset the loss in value........ If you had an accident in your car, and the repairs couldn't be done to a standard that returned the vehicle to a standard and value equivalent to the pre-existing condition, would you be happy, or expect (1) the repairs to be done properly (2) the vehicle to be written off as a total loss, or (3) some financial adjustment?
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Re: Disaster strikes...

Post by Homer » 18 Nov 2017, 9:05 am

D'oh!

Doh!
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Re: Disaster strikes...

Post by RoginaJack » 18 Nov 2017, 10:48 am

I don't feel that Motor Vehicles are a good example in this case, due to M.V. depression rates or insured "at market value".

I imagine that repairs may be offered or if the firearm be deemed beyond repair, be written off and then becomes the property of the Insurance company.

It's just that I haven't come across "with possibly financial adjustment if devalued as a result..." clause.

That's the only reason why I was asking, possibly I didn't put in too clear.

Anyway hope it all works out to your satisfaction.
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