What is the name of your state (only U.S. law)? NM
My car was burglarized while at the movie theater. I have replacement value insurance. I sent the list of things missing to my insurance company and they are doing something I am questioning. I sent them my original invoice for my laptop that was stolen (bought ~1.5 yrs ago), contents from the backpack that was taken, the serial # of my radar detector and the mp4 player info. The insurance company is trying to say that the radar detector is considered a vehicle accessory and will not be covered. They are giving me ~$1700 for everything else. I have 3 quotes from various manufacturers for the replacement of the laptop (price is $2800+). They are trying to depreciate the laptop, give me nothing for the other stuff and are saying that when I replace the laptop, they will pay the depreciated difference. My total loss was over $4000. I am afraid that when I get the check that if I deposit it, they will say "Oh, you accepted the settlement so you get no more $" and I cannot afford to replace the laptop with what they are giving.
What are my options? Someone told me that I might want to talk to an attorney in regards to a "bad faith" claim - whatever that is. As I said, the price they are offering me for the laptop and all of the other stuff is $$1700 - $1800 range, I have 3 estimates showing $2800 - $3000 for the laptop replacement, they are not giving me anything for anything else. They also claim that the radar detector would have been covered under a vehicle policy if I had comprehensive insurance (I don't).
In the letter my wife just handed to me, it says that we cannot take legal action against them over this claim. What are my options?
My car was burglarized while at the movie theater. I have replacement value insurance. I sent the list of things missing to my insurance company and they are doing something I am questioning. I sent them my original invoice for my laptop that was stolen (bought ~1.5 yrs ago), contents from the backpack that was taken, the serial # of my radar detector and the mp4 player info. The insurance company is trying to say that the radar detector is considered a vehicle accessory and will not be covered. They are giving me ~$1700 for everything else. I have 3 quotes from various manufacturers for the replacement of the laptop (price is $2800+). They are trying to depreciate the laptop, give me nothing for the other stuff and are saying that when I replace the laptop, they will pay the depreciated difference. My total loss was over $4000. I am afraid that when I get the check that if I deposit it, they will say "Oh, you accepted the settlement so you get no more $" and I cannot afford to replace the laptop with what they are giving.
What are my options? Someone told me that I might want to talk to an attorney in regards to a "bad faith" claim - whatever that is. As I said, the price they are offering me for the laptop and all of the other stuff is $$1700 - $1800 range, I have 3 estimates showing $2800 - $3000 for the laptop replacement, they are not giving me anything for anything else. They also claim that the radar detector would have been covered under a vehicle policy if I had comprehensive insurance (I don't).
In the letter my wife just handed to me, it says that we cannot take legal action against them over this claim. What are my options?