Insurance claim
We had a great flood last week and trailer had 5' of water in it. Adjuster said they will have to get a third party appraisal to determine if total loss. Trailer had full coverage and any insight o...
Forum Discussion
Pool wrote:
We have Allstate auto with comprehensive insurance which does cover flooding
I used pool because it's what I do and finding a screen name for everything is is odd
I was sure it's a total lose after watching it tilt to one side
Mostly curious about how they determine value for replacement, NADA or what the same trailer is selling for?
Depends in part on how your policy is written. You should be looking for words like "full replacement coverage"; "guaranteed replacement coverage";"actual cash value coverage".
The best to have would be "guaranteed"; 2nd best is "full replacement", and "actual cash" is the least favorable for your needs.
You will find this info on your annual "Declaration" statement.
HTH and best of luck.
