Ga! It’s March already. When did that happen?
And so at the end of the week, my part of the project is complete and I can finally come home and do nothing. How did I celebrate?
Well, first things first. For anyone of you who have ever had a home insurance claim, it is bizarre. An insurance company will give you two values for your items – replacement and Actual Cash Value (ACV). So, say if you had your Kate Spade wallet stolen that was several years old, they will give you replacement of $228 or 50% for ACV ($114). The percentage varies with the age and the item, but you get the picture.
Well, faced with the loss of my sunglasses, back pack, wallet, and several other items that I used all the time and need, I indicated to the insurance company that I would be replacing them. But my cell phone – which I already had a new one from work, I wasn’t going to replace. Once I had informed the insurance company about what I was going to replace, I asked how I send them the receipts for my new items. They said – no receipts – we’re just sending you a cheque and closing the claim.
Huh? Then what was all the rigmarole about? So, how do they know I am actually replacing these things? Or just going on a spa vacation?
Anyhoo, I celebrated by buying the pair of Burberry Sunglasses that I had been eyeing up. On-line of course, for almost 50% cheaper than in store.
March 1st, 2013 Extra-Ordinary: I may have a fat insurance cheque coming, but I’m still not paying retail.