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Anyone ever had a loss of use claim paid?


Zebra racer Reg. Feb 2015	Posted 2015-04-03 3:28 PM Subject: Anyone ever had a loss of use claim paid?
Regular Posts: 63	Wondering how it went? Did they pay the insured value? Did they take possession of the horse or euthanize?
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Cdunn Reg. Jan 2006	Posted 2015-04-03 3:36 PM Subject: RE: Anyone ever had a loss of use claim paid?
Elite Veteran Posts: 725	Loss of use is a really fine line. Most companies will pay a percentage of the insured value usually around 70% and they take possession of the horse or reduce the percentage to 50% and you keep the horse. I have only written a hand full of loss of use endorsements over the past 30 years and thank goodness never had a claim. Sorry this is not much help.
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Zebra racer Reg. Feb 2015	Posted 2015-04-03 3:42 PM Subject: RE: Anyone ever had a loss of use claim paid?
Regular Posts: 63	Thank you. It is somewhat helpful. I wondered how they paid.
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SG. Reg. Sep 2003	Posted 2015-04-04 6:35 AM Subject: RE: Anyone ever had a loss of use claim paid?
Blessed Location: Here	Is it even offered anymore?
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