[CR]FedEx shipping claim = current replacement cost

(Example: Framebuilders:Richard Moon)

Date: Mon, 15 Jan 2007 12:01:42 -0800 (PST)
From: "Kevin Kruger" <ktk1_7_0_2_8@yahoo.com>
To: classicrendezvous@bikelist.org
Subject: [CR]FedEx shipping claim = current replacement cost

Mike raises an interesting point that may or may not be worth trying with a FedEx claim, but I personally wouldn't want to rely on it. Suspect that "insurance" type claims against an old item would assess depreciation, thus decreasing the value against a new replacement.

Your luck may hinge on who you speak to at FedEx and how strongly you do so. Their liability/limitation is pretty clear about their financial responsibility, but not very clear about what constitutes antique/vintage/collectable items.

Guess that one could always claim that the item was not one of these antique/vintage/collectable items, but I always prefer to be honest and not jeopardize committing what may be perceived as fraud.

As for questions regarding FedEx shipping specifics, I once again suggest reading all the fine detail and/or discussing with a FedEx representative prior to shipment. I do not profess to be the expert on FedEx shipping details, but only wanted to relay my personal experience with a recent claim.

Regards, Kevin Kruger - Grantville, PA

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