Thursday, September 4, 2008

Van Resolved

The insurance company finally settled the claim for the van that was stolen in February. The original van was a large Nissan that could carry just about all of the kids. It was exactly like many of the local bus routs use all over town, thus was a high theft item. We had it exactly one month before it was stolen. The insurance company paid 70% of the purchase price for the insurance claim. Insurance here is not what it is in the U.S. While my former employer GEICO would have probably deducted a little from the cost, they would have paid a lot more than 70% for a one month old vehicle.
The one nice thing the insurance company did was to give a list of vans sold here and which are high theft ones and which are not in demand for theft. They indicated the smaller vans are not stolen nearly as much because they are not big enough to use for he public buses. Thus the decision was made to buy a smaller Hundai van as the replacement. We do not have it yet, but my understanding is that while it is smaller, it can still carry the kids that go to school in one trip and will serve all the needs for transporting them. It won't be big enough to carry all the kids from the casa at one time, to the beach for example, but it is rare that they all go out at one time. We rented a school bus the one time we went to the beach this year and it worked out great so that will be the plan for the future.











What the New Van Will Be

Van Same as the Stolen Van
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1 comment:

Robbie said...

Wow, 70 percent of the value. You're right, that is not as good as Geico, but I think you said the first estimates they received sid they might only get their first payment back. What a blessing to get as much as they are considering the way Honduran rules seem to work.