This personal property Depreciation Guide suggests life expectancy and depreciation rates for individual items in a variety of categories such as appliances, bedding, clothing and furniture. It is downloaded thousands of times every year and is used by hundreds of insurance companies thoughout the United States.
This code sheet is used to decipher the New York motor vehicle accident report. Codes detail location, roadway conditions, traffic control, pre-accident actions, safety equipment, vehicle type and damage, injuries, and county hospitals.
The release form identifies all parties to a claim, states the date and location of the insured event, and details the terms of settlement of a claim. The release contains a statement that, as a condition of the settlement, prevents any further claim or legal action against the insurer for the insured event.
This is an interview format to take, with permission, a recorded statement from the insured driver involved in a vehicle accident. The interview will document driver's identification, history of prior accidents, employment, and date and location of accident. Specific details of vehicles, passengers and witnesses involved, weather and road conditions, sequence of events before and after the collision, vehicle damage, police investigation, injuries and lost wages are included.
A full release and indemnity agreement which is signed by claimants and releases insurer from bodily injury and property damage liability which arose out of an accident, casualty or event. The release form identifies all parties to a claim, states the date and location of the event, and details the terms of settlement of a claim. The release contains a statement that, as a condition of the settlement, prevents any further claim or legal action against the insurer, or any other parties, for the event, and against the release.
Financial worksheet for calculating a repair estimate, with one column to itemize losses, and 3 columns for replacement cost, depreciation, and actual cash value.
This is an interview format to take, with permission, a recorded statement from a claimant involved in a vehicle accident. The interview will document claimant's identification, history of prior accidents, employment, date and location of accident. Specific details of vehicles, passengers and witnesses involved, weather and road conditions, and sequence of events before and after the collision, vehicle damage, police investigation, injuries and lost wages are included.
A checklist of items that an adjuster would routinely collect during the investigation of an automobile accident.
This is an interview format to take, with permission, a recorded statement from a claimant involved in a slip and fall. The interview will document claimant's identification, employment, date and location of accident. Specific details of weather and surface conditions, physical condition, witnesses, police investigation, injuries and lost wages are included.
Diminution in value is claimed when the value of a damaged, but repaired, item is less than the value before the loss. Subrogation professionals should be aware of when and how the laws of each state deal with diminution of value. This chart is a summary of how the first-party issue is treated in all 50 states.
