In a message dated 11/26/02 3:56:15 AM, [EMAIL PROTECTED] writes: << This is your personal opinion. He had a Powerbook 500 series and was able to buy a Pismo on eBay as a result of the insurance settlement. THAT is not fair business. Do the math and figure out the dates between the machines. When was the Pismo introduced and what was a PB 500 series worth at that time? About $50. That's what. He got over on his insurance company by about $1500. That is not right IMHO. He should have been reimbursed for what he lost. A 500 seres Powerbook worth (at the time) about $50. The 400MHz Pismo was released in Feb of 2000. At that time I was giving 500 series PB's away. Maybe $50 for a 540c. >>
I stayed out of this till now, but I felt the need to make a few comments. There are two different types of insurance coverages -- one type covers for the fair market value of your loss at the time of the loss. The other type of coverage is for replacement coverage. Obviously, the fair market value of the Powerbook 500 is virtually non-existent. So clearly, he had replacement coverage. I believe that this typically looks at either the original cost of the item, or value at the time of it first being insured -- that is the starting figure, and it can actually increase over time. This is the type of coverage I have on my home, for example. I'd have to read the finer print to see how the home's contents are covered. I honestly have not looked at that. But the computer in this particular instance was evidently covered at full replacement value. << It was never a question, but rather a commentary offered by the original poster. No one has disagreed with his actions, but some have questioned the morality of asking an insurance company to pay for him dropping a laptop. >> As the original lister mentioned, he simply related the events as they occurred and left coverage decisions up to the insurance company. Insurance adjusters' jobs are specifically to evaluate the validity of a claim, and to deny whenever possible. Clearly, this claim was within the parameters of the coverage or it would have been denied. So morality does not even come into the picture. If this is a loss he's covered for, and is paying insurance premiums on, that's that. << Let me ask you a question. If you were typing away on say...a Tibook-500, and you heard "intruders" ...would you jump up and let the powerbook fall to the floor? And if so would you ask for your insurance company to pay for it? Or would you take 1 second, set your powerbook down and pursue the "intruders?" >> I cannot honestly say how composed I'd be if faced with the possibility of intruders to my home. Would I startle and drop whatever I was holding -- even if it was my TiBook? I would hope not, but I can't honestly predict how I'd react. And again, I would necessarily be begging my insurance company, but if I relay the facts, truthfully, and they tell me it's covered, should I say to them, "No, forget it, I'll pay for it myself."??? Michelle ----------------------- Michelle K. Wachtel, Apple Product Professional, Inspiration to Information 804/794-6435, [EMAIL PROTECTED] <A HREF="http://www.carbonus.com/23";>www.carbonus.com/23</A> or <A HREF="http://www.4allnaturals.com/23";>www.4allnaturals.com/23</A> -- G-Books is sponsored by <http://lowendmac.com/> and... Small Dog Electronics http://www.smalldog.com | Refurbished Drives | -- Check our web site for refurbished PowerBooks | & CDRWs on Sale! | Support Low End Mac <http://lowendmac.com/lists/support.html> G-Books list info: <http://lowendmac.com/lists/g-books.html> --> AOL users, remove "mailto:"; Send list messages to: <mailto:[EMAIL PROTECTED]> To unsubscribe, email: <mailto:[EMAIL PROTECTED]> For digest mode, email: <mailto:[EMAIL PROTECTED]> Subscription questions: <mailto:[EMAIL PROTECTED]> Archive: <http://www.mail-archive.com/g-books%40mail.maclaunch.com/> --------------------------------------------------------------- >The Think Different Store http://www.ThinkDifferentStore.com ---------------------------------------------------------------
