My house was broken into on October 19. I have receipts for most of the items stolen, including a few that I had just bought a week or two before.
Items stolen were: Brand new (days old) electric guitar, the new case for it, my Xbox game console, 7 Xbox games, my checkbook, a mini-cassette recorder, a. 22 rifle, and a garment bag.
I have receipts for most of these things, especially including the Xbox game console, which I paid $199 for about a year ago, and just recently, about two weeks ago, $50 for the Xbox game, Star Wars: Battlefront.
Wayne Robinson told me on the phone that he would get the prices for these things off of Ebay, and then allow for depreciation. With the Xbox, he didn't even start off with my new price. He found a price of $157.48, and then allowed for depreciation after that of $23.60 LESS.
On the new game Star Wars: Battlefront, that I hadn't had for two weeks and had paid $50 for, and I sent him a copy of that receipt, he allowed $17.49 for depreciation, leaving me with only $32.50 for the game!
If an adjuster is already finding used products on the net, why is he having to add depreciation? Shouldn't depreciation only be added to new products?
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