- Joined
- Nov 3, 2013
- Messages
- 405
This Winter has kicked my fanny with regard to getting the stuff out of my burned up shop but a month or so ago I had compiled a list of the unburied items that I would like to be paid for.
The list was sent to Enservio, a firm which does content valuation. They had some questions but overall that process went well.
Enservio (thank you Ms. Vardy!) completed their valuation with the help of some machinery experts and sent their completed work to the ins co.
I just got off the phone with my adjuster at State Auto. He told me that he signed off on the list and that the dollar amount they will pay for all of my contents is an incredible $85,000 and change!
Now, I would have greatly preferred not to have my stuff destroyed but it was and this is what insurance is for.
On my list which I sent to Enservio I put my own rough valuations on most of the items based upon what I see similar stuff selling for on the used market. Enservio completely disregarded my valuations and decided that my stuff was worth far more than what I thought it was worth!
I have nothing but praise for my adjuster, Paul Sandstrom, the nice folks at Enservio (especially Ms. Vardy), and State Auto in general!
Thank goodness we were forced to buy a farm policy from State Auto due to the acreage we're on. I think that being a farm policy really helped me out. My conjecture is that farm policies assume that there will be a lot of equipment stored in the outbuildings and therefore the content coverage is very high.
Given everything which has happened since the fire I could not be happier.
Now I can set my sights a bit higher when looking for replacements for my machinery!
The list was sent to Enservio, a firm which does content valuation. They had some questions but overall that process went well.
Enservio (thank you Ms. Vardy!) completed their valuation with the help of some machinery experts and sent their completed work to the ins co.
I just got off the phone with my adjuster at State Auto. He told me that he signed off on the list and that the dollar amount they will pay for all of my contents is an incredible $85,000 and change!
Now, I would have greatly preferred not to have my stuff destroyed but it was and this is what insurance is for.
On my list which I sent to Enservio I put my own rough valuations on most of the items based upon what I see similar stuff selling for on the used market. Enservio completely disregarded my valuations and decided that my stuff was worth far more than what I thought it was worth!
I have nothing but praise for my adjuster, Paul Sandstrom, the nice folks at Enservio (especially Ms. Vardy), and State Auto in general!
Thank goodness we were forced to buy a farm policy from State Auto due to the acreage we're on. I think that being a farm policy really helped me out. My conjecture is that farm policies assume that there will be a lot of equipment stored in the outbuildings and therefore the content coverage is very high.
Given everything which has happened since the fire I could not be happier.
Now I can set my sights a bit higher when looking for replacements for my machinery!
)
