I have a 2002 270 Rinker in Northern California
. My insurance company wants to total it. But I have not yet seen anything on paper for the repair costs. I took it in for an estimate, but I have never received it in writing. Apparently the insurance company has, but they have not furnished me with a copy, even after I requested one.
BUT my real question is this: How does anyone determine accrual cash value
The only values I know of and can generate on my PC are the Buc Book values:
The insurance company has stated to me that the surveyor
has place a value on my boat that is lower then the low Buc Book Value.
I don’t understand how this could be, when my boat is well maintained. Just 2 years ago we had all the Delta Canvas
cover replaced. I invested over 5k into this. 2 years ago I replaced all 6 wheels and tire on the trailer with new ones and they wont give me a dollar amount on the trailer because they say the trailer wasn’t damage…
My thoughts on this are, if you total the boat you have to take the trailer with it…
I need to get them to come up with this value about 45% more. Otherwise I feel I’m getting ripped off… Should I hire an attorney or my own surveyor?