Solaire TT Blew Over in Storm

miyzfrider wrote:
We do have an ACV (Actual Cash Value) policy on the trailer as part of our home owners policy, so it's the depreciated amount we'll see if they total it. Given we bought it new, you can imagine what the depreciation will look like even though it's only a 2013. :-( I was even told that if they chose to repair it, the parts (not labor) will be covered at a depreciated amount as well. The adjuster said somewhere between 5-10% depreciated is likely. So no doubt, either way, we're going to lose quite a bit of money in the end, but it is what it is.

Obviously, at the end of the day it doesn't matter at all what any of us here on the forum may think as it will be your insurance company and adjuster who in the end will make the final determination as to what kind of $$ hit you'll take. The reality is that with 2016 models now hitting dealers lots your 2013 is now a 3 yr old trailer that on paper has depreciated ~ 40% from it's original value - 20% the first year and 10% each year thereafter until the 5th or 6th year by which time it only holds whatever residual value any dealer may be willing to offer. If in the end you're offered anything much better than that I'd take it and make like a bandit before they change their minds! JMO, but good luck with it! :B