Originally Posted by Wingeezer
Recently, I changed insurance companies for our House, motorcycle, vehicles and Airstream.
When I go quotes, I asked the broker if the AS would be covered for hail damage and I was told it would - great.
When I actually got the policies a month later, I found that it was indeed covered for hail damage - provided the hail caused perforation!
I've never had a problem with hail (touch wood) but that seems to me to be sharp practice on the part of the insurance company. I don't know this for a fact, but I would think the chances of perforation caused by hail would be very very slim at best.
Of course what I had in mind when asking about the insurance was dealing with a trailer covered in dents.
Not sure if I got taken for a sucker or not, but just wondering generally what hail damage coverage in an insurance policy really means? Maybe the coverage I have is standard?
I never really checked my previous policy to see what coverage I had in this regard - just got more concerned when we bought the airstream.
I suppose when you think of it, the cost of repairing what would normally be just a cosmetic condition (many dents) would be prohibitive, so maybe it
isn't reasonable to think that you could get that sort of coverage - short of paying very high premiums.
Hail damage today, is looked at in different ways than yesteryear, by some insurance companies.
Back then, replacement of the damaged panels was the goal.
Today, those items actually damaged such as clearance lights, vent covers, AC shrouds, are replaced, without much fan fare.
Damaged metal, is now a different ball game.
Typically, hail damage today, is settled on a "loss of value" basis. In many respects, that is a reasonable and fair way to settle the loss, especially for Airstream trailers.
Many owners, after receiving a check for metal replacement caused by hail damage, simply put off getting it done.
Those same owners then discovered, WOW
many of those dents have disappeared. Simply leaving the trailer outside and exposed to the sun, will indeed make most of the dents disappear, except with the front and rear segments. How soon?? Depends on the ambient temperature. The hotter the climate, the faster the dents go bye bye.
Since most Airstream owners are aware of that fact, as well as insurance companies, then the loss of value settlement, at the time of loss, makes far more sense.
Amazingly, after a few months or more, most all the dents are gone.
If they are gone, then where is that original loss??
You could, sort of say, that most hail damage, is temporary as opposed to permanent. Not all, but most of it.