House Fire Personal Property Reimbursement

[msubulldog]

I am hoping this will be seen by someone who works in insurance or by someone who has experienced a house fire.

We recently had a house fire and lost all of our personal property on the bottom floor of house. Fortunately, we have replacement cost coverage. For example: I lost a shirt that cost $100 and was 1 year old. The insurance company reimbursed me $80 for the shirt ($100-$20 for 1 year depreciation). When I buy a new $100 shirt to replace it, the insurance company will reimburse me the $20 that was deducted for depreciation.

Does anyone know how I will be reimbursed for baseball cards? For example, I lost a baseball card that I paid $50 for and would cost $50 to replace. Here are my specific questions:

1) Is there depreciation on baseball cards and if so, how much?

2) How will I be reimbursed up front for my $50 baseball card?

Any help is appreciated and thank you in advance!

 

[HomeGuru]

I am hoping this will be seen by someone who works in insurance or by someone who has experienced a house fire.

We recently had a house fire and lost all of our personal property on the bottom floor of house. Fortunately, we have replacement cost coverage. For example: I lost a shirt that cost $100 and was 1 year old. The insurance company reimbursed me $80 for the shirt ($100-$20 for 1 year depreciation). When I buy a new $100 shirt to replace it, the insurance company will reimburse me the $20 that was deducted for depreciation.

Does anyone know how I will be reimbursed for baseball cards? For example, I lost a baseball card that I paid $50 for and would cost $50 to replace. Here are my specific questions:

1) Is there depreciation on baseball cards and if so, how much?

2) How will I be reimbursed up front for my $50 baseball card?

Any help is appreciated and thank you in advance!

**A: you need to be asking your own insurance agent.

 

[msubulldog]

My agent is out of town and not available.

 

[ecmst12]

It's not the agent but the claims adjuster you need to ask.

Are you actually planning on replacing the cards?

You can also see if there is a section in your policy regarding coverage for collectible items.

 

[moburkes]

Unless you've scheduled your baseball cards as collectibles, you should receive the cost of buying new packs of cards, not the worth of individual cards.