A three-vehicle rear-ender on the freeway, in which the insured was the front vehicle, had come about due to a couch having allegedly fallen off the back of a flatbed causing the insured to brake sharply and then be rear-ended. No police report had been made and there were no independent witnesses. The two drivers behind the insured were claiming the insured to have been partially, if not wholly, at fault for coming abruptly to a stop on the freeway for no reason. Both claimant drivers were alleging that the insured had stopped without cause and that there was no couch. The adjuster received this assignment within a couple of days of the accident and having interviewed all three drivers was at an impasse as to whom to believe.

Our guide suggests life expectancy and depreciation rates for individual items in a variety of categories such as appliances, bedding, building materials, clothing, electronics, furniture, HVAC, kitchen equipment, roofing supplies, and so much more. It is downloaded thousands of times every year and is used by hundreds of insurance companies.

The information provided herein was obtained and averaged from a variety of sources including but not limited to: manufacturers, repairers, builders and home inspector associations, and insurers.

A federal judge has ruled that a lawsuit accusing GEICO of overcharging over two million car insurance policyholders early in the pandemic can proceed as a class action.