Replacing Stolen Tackle

[sawinlogs]

When I reported what was missing I tried to be as accurated as possible with the insurance company. They did not take anything off for depriciation. I know I had bought alot over the years in large lots at yard sales swap meets ect. so the actual value in todays market is pretty high but then again I think the agent said 90 days to turn in the receipts so I can't shop around to save every nickle like I did in the past. Does anyone know if Cabelas is open in Louisville yet. I feel like my insurance agent did his best to take care of me with this situation. The Boat insurance now I don't feel reel good about but we will see what they come up with. I will give them a full review when settled.

[GeoFisher]

When I reported what was missing I tried to be as accurated as possible with the insurance company. They did not take anything off for depriciation. I know I had bought alot over the years in large lots at yard sales swap meets ect. so the actual value in todays market is pretty high but then again I think the agent said 90 days to turn in the receipts so I can't shop around to save every nickle like I did in the past. Does anyone know if Cabelas is open in Louisville yet. I feel like my insurance agent did his best to take care of me with this situation. The Boat insurance now I don't feel reel good about but we will see what they come up with. I will give them a full review when settled.

Let me be clear..........

NOTHING wrong with being wrong and missing stuff...but jacking up the price to cover the deductible, or buying 15 dollar baits, turning in the receipts, and taking them back and buying something is unethical, immoral, and THEFT.

NOT implying anything here.

ON another note.....I had lots of my stuff stolen a few years ago. I went through the stolen stuff, and created a list of replacement costs from BPS. When I called my agent, they asked if I would accept exact replacement products provided through their national claims service. I said sure....anything to save some money.

Long story short. I had provided the correct documentation, and then the agents and claims processors saved about 40% off the actual prices I got quoted from BPS. THE Claim covered my losses through BPS, yet, I had the claims adjuster order every single piece of equipment for me. NOT only did I pay less than the claim amount, but they cut me a check for the difference.

Insurance companies are continually dealing with people trying to RIP them off. I guarantee you they have seen every trick in the book, and another little hint, if you have a less than stellar credit rating, THEY will question everything. Right or wrong, they will, that is just the way it is.

Just be up front with them, and get your **** back.......don't allow the insurance company to screw you, but also, in turn don't try to screw them.......

Later,

Geo

[sawinlogs]

Let me be clear..........

NOTHING wrong with being wrong and missing stuff...but jacking up the price to cover the deductible, or buying 15 dollar baits, turning in the receipts, and taking them back and buying something is unethical, immoral, and THEFT.

NOT implying anything here.

ON another note.....I had lots of my stuff stolen a few years ago. I went through the stolen stuff, and created a list of replacement costs from BPS. When I called my agent, they asked if I would accept exact replacement products provided through their national claims service. I said sure....anything to save some money.

Long story short. I had provided the correct documentation, and then the agents and claims processors saved about 40% off the actual prices I got quoted from BPS. THE Claim covered my losses through BPS, yet, I had the claims adjuster order every single piece of equipment for me. NOT only did I pay less than the claim amount, but they cut me a check for the difference.

Insurance companies are continually dealing with people trying to RIP them off. I guarantee you they have seen every trick in the book, and another little hint, if you have a less than stellar credit rating, THEY will question everything. Right or wrong, they will, that is just the way it is.

Just be up front with them, and get your **** back.......don't allow the insurance company to screw you, but also, in turn don't try to screw them.......

Later,

Geo

I agree with being upfront with the insurance co. Sure they are a buisness to make money but tring to rip them off isn't going to help replacing things if I have a loss in the future or paying my rates. Like you said I want my stuff back the best I can get it back and I think so far they have done that for me. If I would of had the option for them to buy the stuff for me I would have done that for sure. Thanks again for the help I am goin to BPS to look around a bit today.

Mark

[HURRICANEBOB]

Let me be clear..........

NOTHING wrong with being wrong and missing stuff...but jacking up the price to cover the deductible, or buying 15 dollar baits, turning in the receipts, and taking them back and buying something is unethical, immoral, and THEFT.

NOT implying anything here.

ON another note.....I had lots of my stuff stolen a few years ago. I went through the stolen stuff, and created a list of replacement costs from BPS. When I called my agent, they asked if I would accept exact replacement products provided through their national claims service. I said sure....anything to save some money.

Long story short. I had provided the correct documentation, and then the agents and claims processors saved about 40% off the actual prices I got quoted from BPS. THE Claim covered my losses through BPS, yet, I had the claims adjuster order every single piece of equipment for me. NOT only did I pay less than the claim amount, but they cut me a check for the difference.

Insurance companies are continually dealing with people trying to RIP them off. I guarantee you they have seen every trick in the book, and another little hint, if you have a less than stellar credit rating, THEY will question everything. Right or wrong, they will, that is just the way it is.

Just be up front with them, and get your **** back.......don't allow the insurance company to screw you, but also, in turn don't try to screw them.......

Later,

Geo

Wow...great insurance company. Which one was it? I might have to do some shopping.

[RIBLUEFISH]

You are probably not going to replace everything you had but with some thought get a good selection of gear. Take it season by season and write down what you would normally throw and with what rod you used. Keep your colors on crankbaits simple like shad, crawfish, fire tiger, citrus, root beer and buy these colors in several brands. Same with jigs and plastics, green pumpkin,watermelon,junebug,black and blue, pumpkin.

[jrrose03]

THAT is not a good idea.........it is FRAUD.

You're NOT supposed to deliberately lie to cover the deductible.......

Come on guys.

Later,

Geo

i mean its not a completely legal way or idea but c'mon. The man lost years of fishing gear which i would assume he's not going to be able to buy the majority of it out right.....and with as much money insurance company's take in on what the average amount they pay out in claims....its rediculous....I just got my truck totalled last november at no fault of my own and ultimately got mulled over by the insurance company...i'm not saying that justify's that action by any means, but play the game to your advantage because nobody else is going to look out on your behalf.....not to mention how many of us have ever bought a used a vehicle and claimed a lesser purchase value to save money in the transferring process....that could be considered evasion\fraud.

[HURRICANEBOB]

i mean its not a completely legal way or idea but c'mon. The man lost years of fishing gear which i would assume he's not going to be able to buy the majority of it out right.....and with as much money insurance company's take in on what the average amount they pay out in claims....its rediculous....I just got my truck totalled last november at no fault of my own and ultimately got mulled over by the insurance company...i'm not saying that justify's that action by any means, but play the game to your advantage because nobody else is going to look out on your behalf.....not to mention how many of us have ever bought a used a vehicle and claimed a lesser purchase value to save money in the transferring process....that could be considered evasion\fraud.

Something to bear in mind if an "at falut" driver hits your car and causes damage. While your insurance company may hold your feet to the fire for the deductible, "his insurance company can't". And you can file a claim thru his company. If they deny that claim, you have even a stronger case in small claims court, where you may get your deductible back so long as you have a good police report, and can clearly document that you had to pay the deductible amount to get your ride fixed/replaced as a result
of the other guys negligence. And if the guy was uninsured, again, total up your deductible, your time, and out of pocket expenses and hit small claims court. The fact he was uninsured and driving means he was violating state law, and again, the court will probably be on your side.

And claiming a lesser amount when you buy a used vehicle to pay less property tax on it, is a good way of getting screwed by your insurance company if you do have an accident. You've lowered the value of the insured property, and documented that on your acceptance of registration which means the couple bucks in tax you saved will be eaten up again by your deductible, and by the fact the insurance company may just decide to pay a claim based on actual documented value, which as you said would be less than you paid for it.

Not beating you up dude, sharing this stuff with you so you won't set a bear trap by what you do today that you may walk into later down the road.

[jrrose03]

bob i completey understand what you and geo are saying and im not fully disagreeing... i just think different circumstances can heed different actions thats all....... and i dont take it as you beating up on me, just constructive debate.

[HURRICANEBOB]

bob i completey understand what you and geo are saying and im not fully disagreeing... i just think different circumstances can heed different actions thats all....... and i dont take it as you beating up on me, just constructive debate.

Good to go here. We're all in this together.

[Olgrey]

Guys I have no dogs in this hunt, but you should know people have gone to jail for falsely reporting the value of an automobile for tax purposes. Normally it is someone that works in the government office that sends the property tax bills that falsely reported or manipulated the value of the vehicle to save themselves or a friend money. That is when the government puts a hurting on them big time. When the value of the vehicle is falsely reported, technically it is tax evasion and theft. That being said, probably nothing would come of it unless they decided to make an example of you. Basically it is fear that causes people to file income tax returns and pay taxes. Is it worth the risk?

[sweetwater]

Guys I have no dogs in this hunt, but you should know people have gone to jail for falsely reporting the value of an automobile for tax purposes. Normally it is someone that works in the government office that sends the property tax bills that falsely reported or manipulated the value of the vehicle to save themselves or a friend money. That is when the government puts a hurting on them big time. When the value of the vehicle is falsely reported, technically it is tax evasion and theft. That being said, probably nothing would come of it unless they decided to make an example of you. Basically it is fear that causes people to file income tax returns and pay taxes. Is it worth the risk?

I think the majority of people pay their taxes because they understand it's their civic duty to do so, not because they are afraid of what will happen to them if they don't. Although we may not agree with how our leaders are spending our money at times, responsible citizens know that if we don't pay up we could lose many of the services we value as well as the possibility of losing our freedom as a people.

[sawinlogs]

I wanted to report that I think my insurance company has treated me very fair with all that has happened. I gave them legit list with both tackle and gave them an estimate from a quality marina that matched their estiment. Not the fly by night one closest to me here in N KY that I would of done buisness with if they didn't steel from me when I bought the boat. I tell ya I think buying a new boat has turned into way too much hassel and is not worth it. I wish that I would of kept my old 89. Beware to all thous that read this, make sure you deal with quality marinas when buying or having a boat serviced because when ya really need them it sure would make it nice if they didn't give ya a bunch of BS. I try to do buisness with locals but if they are going to steal and screw friends and neighbors I will go somewhere else. I guess thats why they changed names and locations so many times and getting ready to do it again. Please beware of a N Ky marina cause they will get ya. You'll always be able to tell they are lieing because they will be talking.