which was secondhand our insurance is new for old but would they reinburse the new price of a tv or the price I paid for it secondhand
2007-10-23 08:43:09 · 23 answers · asked by IAN B 1 in Business & Finance ➔ Insurance
They would replace with a tv of same technical specification. They would also inspect the TV - they are looking to see if what you have described is possible. Oh yeah - it very hard to drop the TV, as a insurance claims manger it took me a number of attempts to cause damage under control conditions to lots of electrical items - part of my fraud training. But these things can happen & that what Ad insuramce is for!
2007-10-26 11:45:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The tv is probably not covered.
In most insurance polices - contents coverage (covers your personal property - such as the tv) is named peril. That means that one of the perils specifically listed in the policy has to cause the loss. The homeowner dropping the tv would not qualify under any of the named perils. Most likely the homeowners insurance company would not pay anything for the tv.
2007-10-23 12:36:34 · answer #2 · answered by Boots 7 · 1⤊ 0⤋
First, check your policy and see if you have a named perils or an all perils policy. If you have an all perils policy, it should be covered. It sounds like you have replacement cost on your personal property, so you should be able to replace it with a similar TV. Most companies will first give you depreciated value less your deductible. Once it is replaced, you then submit your receipt for the balance.
Contact your agent. You pay for their service.
2007-10-23 08:55:01 · answer #3 · answered by RB 5 · 1⤊ 0⤋
Im not an expert but I would think they would reinburse you for what you paid for it ... dont you have to write all that down when you get your insurance? Thats what i think
2007-10-23 08:48:29 · answer #4 · answered by Heather C 2 · 0⤊ 1⤋
I have no Idea what you just said but if your asking if the insurance company will pay for the TV then the answer is No....
2007-10-24 05:23:59 · answer #5 · answered by She is Beautiful! 6 · 0⤊ 0⤋
That's pretty stupid, to be honest.
I think they would "reimburse" the price you paid for a secondhand.
2007-10-23 08:48:14 · answer #6 · answered by Anonymous · 1⤊ 0⤋
they would get you a new tv not give u the money 4 it as too many people scam them now so they say go to this shop and they give you paper that says you can buy a new 42 inch plasma only
2007-10-23 08:46:54 · answer #7 · answered by angelface 3 · 0⤊ 1⤋
As it's new for old cover, I would assume they would replace your TV with a new one of the same make and model.
2007-10-24 10:05:36 · answer #8 · answered by sparkle555_2000 3 · 0⤊ 0⤋
Very doubtful, but it would be in your best interest to contact your insurance company directly and speak with them about it. Ouch! Good luck.
2007-10-23 08:47:01 · answer #9 · answered by Mr. Knowledge 3 · 1⤊ 0⤋
whoops, but new for old insurance is just what it says, so long as you have accidental damage cover and take out the excess you should be fine, Good luck
2007-10-23 09:48:42 · answer #10 · answered by more4yourlife.co.uk 2 · 1⤊ 0⤋