[quote=Vol423]I use Cole. I've had one claim on a gun lost in shipping and they paid up, minus the $500 deductible and the $100 that UPS PAID. Now I insure with the shipper for $500 to cover the deductible.[/quote
What's to stop the primary insurer from deducting the $500 payment from their portion? "Other insurance" clauses can bite. Is the shipper's insurance specific enough to get around the insurance paid for the deductible? Insurers do what they can to benefit themselves. For instance, a homeowner insurers his $500,000 home for $250,000 and suffers damages of $250,000 but it is not a total loss. The insurer reduces proportionally its payment and doesn't pay the $250,000 but considerably less. To get the $250K, the house must be insured for $500K. Gil
