welcome news
|
You will only be able to claim if:
a) your daughter lives with you and
b) your insurance policy has an all-risks extension on it.
If the policy does have an all-risks extension then it will have to cover valuables and there may a single article maximum value - unless the ring is specified. |
|
mbrcatz
 |
It wasn't damaged - it's lost. You are certainly welcome to file the claim, but it's not going to be covered, unless you specifically scheduled it on your policy and paid an extra premium for it. |
|
Anna
 |
hmmm...sounds like a good idea. and the ring seems so important to her, so yeah.
gooood luck!!! =)
but look around the house |
|
spider 1
|
I lost one of my rings and tried to claim but was told if I had lost it in the house it wasn't lost as it must be in the house somewhere.That was 5 years ago and I still haven't found it.You can try ,good luck. |
|
Lizard
 |
Where was it Lost? Is it within the home then no not covered. Depends on cover if you have personal belongings cover away from home then yes covered. Does your daughter live with you - if not then not covered by your policy as it is for you home & permanent residents. Does she have proof of ownership, something that shows she had it? How much is it? As if over single article limit then will not get anymore than that limit unless it's specified |
|
origamimark
|
Depends who it belonged to.
My guess is that it was your daughter's, so she should claim on her contents policy - not you on yours.
Also it will depend on the value. Many policies require that items over a certain value have to be listed separately. If not, they are not covered. |
|
Patrick W
 |
what type of insurance are we talking about? homeowners, renters, specific valuables (jewelry). Generally, a lost item is not covered unless it's a specific policy for that item in my experience. Lessons in life, thank goodness it was'nt the wedding band too, maybe she will be more careful. There are things you just don't loose. BTW, most insurance companies would suspect fraud for making such a claim for that very reason. |
|
Zarnev
|
Your contents policy probably has a limit (maybe $2500 to $5000) that the insurance company will pay for jewelry unless you have an endorsement added to the policy. Your premiums will go up, though, if you put in a claim so it may not be cost effective to claim it. |
|
jenkatesky
|
Is the ring scheduled? If so, yes the company will pay for it. Call your insurance agent and let them know you don't want to put the claim in if the company will not pay for it. |
|
kenneth h
 |
Try it |
|
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
