About a week ago my repaired Lenovo laptop was stolen from my apartment's package room less than an hour after it was delivered. When I filled out the police report and estimated the value of my laptop, I ended up looking at the wrong laptop model and estimated that it was about $1500. When I filed a claim with my insurance (State Farm renters' insurance in Wisconsin, including the limited replacement cost B1) I went off the info that I had written in the police report, and
    estimated that the replacement cost was $1500, and just yesterday I received a claim payment of about $1000, since my deductible was $500.

    But shortly after I received that payment, I actually searched up my stolen laptop's exact machine type model number and realized that I had previously been looking at the wrong laptop, one which looked almost the same as mine when looking at the title and basic traits, but was actually different when it came to the details. It turns out that my actual model type would cost $1000 at Best Buy, and while it is out of stock on the Lenovo website, it would cost $900 once it's available again.

    Thus, I was wondering if I should stick with the original $1500 since it's for a laptop that was similar enough that I mistook it for my original model, or should I call State Farm to lower the payment amount? It would really help my financial situation if I kept it as is, since I'm a broke college student and the claim payment would completely cover the cost of buying the exact same model as before, but I also don't want to accidentally commit insurance fraud or something.

    Replacement cost for my stolen laptop
    byu/Peerless_Cucumber69 inInsurance



    Posted by Peerless_Cucumber69

    Leave A Reply