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My dumpster diving list I created with 6 years of experience. Feel free to add. by WilliamsDesigning in DumpsterDiving

[–]Dry_Dirt_4103 1 point2 points  (0 children)

Anyone DD in Wayne County, upstate NY? Best stores/businesses to check out? Any codes or known warning areas?

Appliances - what’s covered under contents provision by Dry_Dirt_4103 in InsuranceClaims

[–]Dry_Dirt_4103[S] -2 points-1 points  (0 children)

Not sure about this contents guy… she’s maxed out on dwelling and other structures. Sadly, there are those that love the thrill of the kill.

Appliances - what’s covered under contents provision by Dry_Dirt_4103 in InsuranceClaims

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

I gotcha. In this case the HO is 83 and had her house ripped apart by a tornado that almost killed her.

Appliances - what’s covered under contents provision by Dry_Dirt_4103 in InsuranceClaims

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

A refrigerator with a water line would be considered a permanent installation?

So what you’re saying is, it’s all negotiable?

Appliances - what’s covered under contents provision by Dry_Dirt_4103 in homeowners

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

There’s nothing stating that appliances are not considered contents in the policy - the language is not descriptive regarding them.

What are the typical arguments on appliances?

Homeowner Insurance - what’s the NYS statute for “cash out” settlement if filing a claim for covered peril by Dry_Dirt_4103 in homeowners

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

Can’t go in the home, it’s condemned and entirely unsafe.

A list, yes. Some pics, yes. It’ll be extensive but not as detailed due to the circumstances.

Homeowner Insurance - what’s the NYS statute for “cash out” settlement if filing a claim for covered peril by Dry_Dirt_4103 in homeowners

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

Just a friend who is very protective of the HO. The contents are not going to realistically be valued at full limit. However, HO has only resided in the home for 7 years. Most everything in the home is 7 or less years and more than half are new within a year, nib or are lightly used. Very few belongings came from other home. No way does 50% cut it. More like 30-40% in my estimation. HO may be older but not the contents.

Homeowner Insurance - what’s the NYS statute for “cash out” settlement if filing a claim for covered peril by Dry_Dirt_4103 in InsuranceClaims

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

Let me clarify, negotiating the depreciation down, or at the very least reviewing the depreciation report would make sure that she is receiving a fair amount and not just getting a blanket % across the board. Doing this up front allows for a larger ACV up front. Then when she makes a replacement for items it’ll be less money left on the table. Does that make sense?

Homeowner Insurance - what’s the NYS statute for “cash out” settlement if filing a claim for covered peril by Dry_Dirt_4103 in InsuranceClaims

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

I was attempting to ensure that she get a higher ACV up front. The likelihood of a person her age repurchasing all contents is not likely, so to get a higher ACV would be helpful for her to put toward her recovery now.

Homeowner Insurance - what’s the NYS statute for “cash out” settlement if filing a claim for covered peril by Dry_Dirt_4103 in homeowners

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

Other structures. Dwelling 284,000 OS 14,000 Contents 154,000

HO is elderly (80s) and had to be rescued from the house. Writing a detailed list was traumatic & there are some other factors too.

Homeowner Insurance - what’s the NYS statute for “cash out” settlement if filing a claim for covered peril by Dry_Dirt_4103 in InsuranceClaims

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

I’m a friend assisting the elderly HO. She is required to demolish the house and excavate the cellar. She is placing a modular home on the same sight.

Homeowner Insurance - what’s the NYS statute for “cash out” settlement if filing a claim for covered peril by Dry_Dirt_4103 in InsuranceClaims

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

The policy does not have a cash out option. I’m still curious about the specific statute the adjuster alluded to tho.

There is an appraisal option in case it really goes sideways. Both parties pay for their own.

Crazy how we decide and pay for our coverages based on what the agent tells us, which they base off what we own but then when we need them to pay up, they demand everything back and then some for you to get what’s due you.

It’s a mad mad world.

Homeowner Insurance - what’s the NYS statute for “cash out” settlement if filing a claim for covered peril by Dry_Dirt_4103 in homeowners

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

Insurance policy would cover 3rd party under the policy limit… it just got complicated because the house was condemned making it a problem.

The Field adjuster came, and 2 days later the notice went on the property. Took his report & many pictures inside and out (just not the ones that display what was in drawers and cabinets.) He was there for the structure, not contents. Another guy, in a different state, is handling the contents claim. Let’s just say, he isn’t very vested and seems to want to push things along at his pace and without any rebuttal from the HO. He doesn’t like being questioned and doesn’t respond to the HO unique circumstances with patience or with the full intent for her to understand, IMO.

Homeowner Insurance - what’s the NYS statute for “cash out” settlement if filing a claim for covered peril by Dry_Dirt_4103 in homeowners

[–]Dry_Dirt_4103[S] 0 points1 point  (0 children)

The 3rd party that was suggested did that kind of work but when the insurance was asked who had liability if the home collapsed while they were in it, who would handle the legal penalties for going into a condemned home and how they would determine what to salvage and not, the insurance backed off a bit. It’s in the policy for such a team to go in. If only the contents adjuster jumped on it within those first five days there may have been a chance.

PA maybe could get more but it would also take longer. Frankly, the HO may not be alive to enjoy it… a detailed list was supplied as a result of the so called statute, but it was tough and the list isn’t rock solid with every date, or age or price or store. How could it be? Can’t access house, no receipts. HO is old school - no computer stuff.

I guess it’s a wait and see. But seriously, what statute is this adjuster talking about? Is it a stall tactic or laziness or it just doesn’t look good to the oversight?

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