need new Insurance company

[Mike McMahan]

John, Thanks for your comments. I too have great disdain for people
who commit acts such as this. I work for an insurance company that
is extremly proud of the fact that we have not had a justified
complaint with the state insurance department in over a year. Like
you my licenses provide a living for my family and the recreational
dollars to play in my coach. There are as you said two terms for
people who buy apprasals--fraud & prison terms. I simply tried to
say the same thing you did in a softer manner. Mike McMahan 96 42"
Wanderlodge

--- In WanderlodgeForum@yahoogroups.com, "John McGinnis"
wrote:
>
> --- In WanderlodgeForum@yahoogroups.com, "Gregory OConnor"
> wrote:
> >
> > I was always able to buy a cetified realestate apprasial for the
> > value I needed, I guess the RV guys are the same. I first
thought
> > stated value would be a fair way to buy insurance but I can see
> > problems with these overstated values making RV's flammable. It
> is
> > crap like this that makes insurance a game and the security of
> > insurance expensive. Leroy and the other good folks of this forum
> > who like having replacement insurance for 'pease of mind' end up
> > paying for the few who abuse the plan.
> >
> > GregoryO'Connor
> > 94ptRomolandCa
> >
> Gregory,
>
> I am sorry to disagree with you about selling a certified
appraisal,
> and I find it extremely unethical for anyone to do so. I will say
I
> know of real estate appraisers who are working for banks who may be
> incline to push numbers more in the banks favor because the bank
> wants to lend money to a specific borrower(that's why I no longer
> appraise RE). That is just a matter of working with the right
comps
> to put the subject property in the expected target value range. As
> for equipment, classic vehicles and RVs I work with several
insurance
> companies & lenders and my time is more valuable to me doing the
job
> correctly then it would be by sitting in court and having to defend
> the appraisal. I hear clients almost on a daily basis who want a
> specific value and it just goes in one ear & out the other. I
can't
> make their coach or vintage auto/bike worth more then what it is
> actually worth. If a client keep harping about the value they NEED
I
> just put my bottom on the seat of my truck & head back to the
office
> because I know they are asking me to commit fruad. Divorce case
> clients are the worst. My certifications & licenses are my
> livlihood, I feed my family & buy fuel for my coach and I do it
> ethically, legal and above board. I'm not saying that there are
not
> some out there who don't bend the rules but I believe if they value
> their credentials they won't.
> John McGinnis, Auctioneer/Broker/Appraiser, CAI, CES, CAGA
> 88FC35 Louisville, KY
>