Search
 

Contents Claims Solved: The Case of the Model Jet

Who knew that you could own and operate a radio-controlled, military-style aircraft measuring nine-and-half feet long, with retractable landing gear and twin jet engines capable of reaching speeds up to 300 mph?

By Tom Kirkpatrick | Updated on June 03, 2010

Contents claims present adjusters and insurance carriers with unique challenges on a daily basis. It’s challenging enough to assess the value of the bewildering array of possessions contained in a home that has suffered a large loss due to fire or a flood, for example, let alone a claim that comes literally out of the blue — as in the subject of this edition of Contents Claims Solved.

Is this "toy" jet really worth $31,000?

Who knew that you could own and operate a radio-controlled, military-style aircraft (SU-35), measuring nine-and-half feet long and fully accessorized with retractable landing gear, twin jet engines, and fully flight capable at speeds approaching 300 miles per hour? Our fearless claim adjuster found that out after a model plane enthusiast crashed his radio-controlled jet and issued a claim of nearly $31,000.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.