need new Insurance company

[John McGinnis]

Guys, FWIW, Book Values; NADA values; are bunk! NADA values are
obtained from national averages of recreational vehicles sold at
public vehicle auctions. If there were no Blue Birds sold during the
4th Qtr of 2007 the value posted in Jan 08 NADA guide is bogus. So
if anyone truly wants to rely on NADA or other price guides to
reference the value for their bird I'd seriously reconsider. It is
well worth the value to obtain a Certified Appraisal which meets the
Uniform Standards of Professional Appraisal Practices (USPAP). If
you ever have a claim which goes to court you're 95% closer of
getting a fair and equitable compensation, but if you don't have a
certified appraisal you'll be stuck with a NADA value which could be
$1000s below the true actual cash value of your coach. I highly
recommend a certified appraisal on your coach at least every other
year, but use a Certified Appraiser; you can find certified equipment
appraisers in the yellow pages. Appraisals performed by RV dealers
would almost be useless because they generally do not meet USPAP
standards, and usually will not hold up in court even more so if they
do not sell Bluebirds. As for insurance claims I'd have to say for
all the appraisals for which I had to defend Progressive was my worst
because they hire independent claims adjustors who generally work on
a fee plus a percentage basis based on the amount of claim they are
able to save the insurance company. Bottom line here is the bigger
the company, larger the claim, bigger the fight.
John McGinnis, Certified Appraiser, 88FC35 Louisville, KY