On Wed, Oct 22, 2008 at 2:16 PM, Joseph McAllister <[EMAIL PROTECTED]> wrote:

> An independent firm will derive the value of the equipment for the insurance
> company. I assume they will use such sources as eBay, B&H, McKeown's, etc to
> get current market used prices. Once my insurance co. gets the report, they
> will pay me that amount.

Not uncommon. My 1987 Chevy 4x4 pick up was stolen in 1994, and the
insurance phoned all of the GM dealers in an X mile radius of my home,
then come up with an average.

The covered everything attached to the truck, spare tire, CB radio
etc. Anything not was covered by house insurance.

The truck insurance people were very good to deal with.
The house insurance folk were a PITA. Wanted to see reciepts from
stuff i had bought 10 years ago that is was claiming. I should have
gotten at least $2500, back then, but wound up with a few hundred.
Enough to replace a jack all, shovel and my axe.

Dave

-- 
Equine Photography
www.caughtinmotion.com
http://brooksinthecountry.blogspot.com/
Ontario Canada

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