The Daily EO: March 1st, 2013

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.


Author: Susan

Susan has a lot to say about a lot of things.

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