00:00 so she went to go lay down and fell
00:03 asleep for about 90 minutes or so oh my
00:06 God and Jamie just heard what sounded
00:08 like rain coming from the garage so when
00:10 she went to the garage oh wow she saw
00:13 the ceiling coming down water flooding
00:17 the entire garage her car was soaked and
00:20 uh she ran upstairs and the entire
00:23 master bath was flooded so man I found
00:27 myself in the situation where I needed
00:30 to rely on insurance and I'm always out
00:33 here proz oh you don't know anything
00:35 about your auto insurance I realized I
00:37 don't know if my home owners insurance
00:39 covers this yeah so I thought homeowners
00:41 insurance would be a great topic uh
00:44 selfishly for me to talk about so that I
00:47 might be able to learn a couple things
00:48 today I remember Holly you had a similar
00:51 situation when you were living in
00:53 Midtown in your condo I did my I woke up
00:57 the morning after a birthday celebration
00:60 for my myself so I wasn't feeling too
01:01 hot and I just hear like this pouring
01:04 water a similar sound and I was like
01:06 what is that sound and I go into the
01:08 kitchen and it's just like a waterfall
01:11 coming out of the island where my sink
01:14 and dishwasher were housed and it was
01:16 just nonstop and I'm trying with buckets
01:18 to get it to like you know I don't think
01:21 I knew that it was coming out of the
01:22 sink yeah I mean it was coming out of
01:24 every like orice of that
01:27 island and uh and you're hung over
01:29 dealing with it and I hung over and I
01:32 the entire condo flooded a good 3 in I
01:36 would say all my furniture was damaged
01:39 it started to leak out into the like
01:41 common area so and our the hallways of
01:44 that Condo building were carpeted so of
01:47 course the immediate concern is mold and
01:49 how it affects other units and do you
01:51 have units below you I had units below I
01:54 was on the eighth floor so I was
01:55 sandwiched between oh wow um and this is
01:58 like a 20 story building and and um
02:01 turns out I didn't have homeowners
02:04 insurance somehow when we were getting
02:06 the mortgage it slipped through the
02:09 cracks did you not have homeowners
02:11 insurance or did you have homeowners
02:12 insurance and the coverage didn't apply
02:14 because it the cause came out from no it
02:17 was no homeowners insurance oh that's
02:20 someone screwed up someone screwed up on
02:22 the mortgage lender side that's crazy
02:25 yeah that's like a like a Porsche
02:28 dealership letting you drive off ing the
02:30 vehicle mhm with no Gap coverage mhm
02:34 that's insane I didn't I don't think I
02:36 remembered that yeah so I was out of
02:38 that unit for at least a month and we
02:41 had to come out of pocket to pay for
02:43 that and in that moment I realized how
02:45 important insurance is all right so if
02:48 you're listening well it's a pretty rare
02:50 occurrence because part of the closing
02:52 you know what what the lenders
02:54 absolutely requires that you have a
02:56 homeowner's policy in place with you
02:59 know a certain reputable company and
03:01 it's got to meet certain standards and
03:02 you have to have certain you know kind
03:04 of minimum coverage uh to make sure that
03:06 they because your your home is actually
03:09 the security for for the loan right the
03:11 mortgage so they would they in you know
03:13 they absolutely insist that you know
03:16 they not only do you have a policy but
03:19 that the mortgage like the the lender
03:21 also be named on the policy so that you
03:24 know when they send you like a you know
03:26 property damage check uh it has to go
03:28 through your you know it's it's made out
03:30 to you the homeowner as well as your
03:32 mortgage company yeah 100% And I
03:35 realized that after the fact I'd never
03:37 thought about those things and then I
03:39 was like there's some somebody messed up
03:42 big
03:43 time was it was this back in the days
03:46 when uh when when they were you know
03:47 going through loans so fast they you
03:50 know they basically have those Robo
03:51 signs um not then it was uh
03:55 2013 I believe when I purchased the
03:57 condo okay so that was after the sub
04:00 yeah but re's right it's it's
04:02 technically that you were living in it
04:03 but it was the bank's condo right it's
04:05 their money that that they need to
04:07 protect so it's wild that they weren't
04:09 running audits to make sure that their
04:10 asset was protected right they do that
04:13 with with this building actually when
04:16 it's coming up for Renewal I don't even
04:17 have to remember because my bank will
04:20 send a notice like hey if you don't
04:22 renew it we're going to put insurance in
04:24 place and there's a premium for it yeah
04:26 at least there's coverage well and and a
04:28 lot of lenders they actually they just
04:30 to make sure you don't accidentally
04:31 lapse on your policy or forget to make a
04:33 premium payment um they'll they'll
04:36 actually make sure that you know a part
04:38 of your mortgage payment goes into an
04:39 escrow account and then they pay the
04:41 premium for you just to make sure that
04:43 there's no laps like that I'm also
04:45 familiar with that um my bank just
04:47 overcharged me uh they tried to tell me
04:50 that my property insurance or my
04:52 property tax went up to
04:54 $52,000 oh wow and it's actually
04:58 $8,600 but someone again mess maybe it's
05:02 me someone keeps messing up when it
05:04 comes to my
05:06 finances common denominator is you it is
05:09 me but it's not me actually screwing up
05:11 it's just some energy I must be putting
05:13 off but yeah they tried to it it all had
05:16 to do with the escrow and it reminded me
05:19 of the fact that I do have homeowners
05:21 insurance because I pay into escrow
05:23 every month to pay for that coverage did
05:26 they ever fix that by the way they did
05:29 so did you get the money back that they
05:32 not all the money but we can get into
05:33 that later real quick side note I think
05:36 this is helpful for listeners so you're
05:38 careful about what you're doing with
05:40 your own
05:41 finances the mistake was on the bank
05:44 side and they because your mortgage is
05:47 set up on an automatic
05:49 draft it was what 5x what it was
05:52 supposed to be they just went ahead and
05:53 took the money out of your account yeah
05:56 that's the craziest thing so the money's
05:58 gone it's their mistake but you don't
06:00 have the money until they fix their own
06:02 mistake yeah and by the way 14 business
06:05 days to fix to refund their mistake
06:09 that's not even including the process it
06:10 takes to send it up top to make sure we
06:14 could do another episode on that when we
06:15 learned some things that we could
06:16 actually share so I I think this is
06:20 perfect because I remember Rishi you
06:22 actually the reason I remember it is
06:24 because you got attorney's fees yeah out
06:26 of it but you had a homeowner's issue
06:29 that you represented a CLI on just a
06:31 couple weeks ago yeah it was actually
06:33 helping out a neighbor of mine um and it
06:35 was a it was a roof damage claim um his
06:38 his roof was damaged by hail and um and
06:41 his insurer um you know he he had a
06:45 roofer that told you know had the roof
06:47 inspected found you know several spots
06:49 where you know there's very clear hail
06:51 damage um and so so when they the the
06:55 roofer created an NE like a repair
06:57 estimate they sent it off to his
06:58 insurance company uh
07:00 and the insurance company's response was
07:03 no there's no hail damage it it's all
07:05 wear and
07:06 tear no sign of it no actual signs of
07:09 hail damage um so they appealed it and
07:12 they they did a more detailed um you
07:15 know I guess a revised line item repair
07:18 estimate um and it same response they
07:21 said no there there's no there's no hail
07:23 damage um but then they asked for an
07:26 engineer to come out so they they they
07:29 had their own engineer come out inspect
07:31 it and um this was this was right around
07:35 the time that I got involved in the case
07:37 and um and I'd sent a letter of rep to
07:39 to his insurer and basically laid out
07:42 why um it was such a ridiculous position
07:46 um and so then they came back and said
07:49 we we've revised our analysis and said
07:51 that um there there is hail damage but
07:54 there's only hail damage to like SE six
07:56 or seven tiles and so we're only going
07:58 to cover you know about 15 Square ft of
08:02 roof as opposed to the entire roof and
08:05 uh it's amazing how uh focused the sky
08:08 can be right
08:09 exactly it only hit th those few spots
08:12 and it wasn't enough to to Warrant a
08:14 roof replacement so then we ended up
08:16 getting an an engineer like a forensic
08:18 engineer out of Colorado to come in oh
08:21 my and he inspected the roof um and he
08:24 actually does this for a living he he
08:25 actually used to do it for the insurance
08:28 companies um and he was in house and
08:30 inspector um and so he so he knows
08:32 exactly what they're looking for in
08:34 terms of um you know what would be their
08:36 justification he photographed it
08:38 documented it and had an entire report
08:41 and so we sent that with a final demand
08:43 um that was above what the roofers
08:46 estimate was they initially denied it
08:48 and they fought back and so we said okay
08:49 well I mean you know that's bad faith um
08:52 you know on the on the coverage side
08:55 they had absolutely no basis to to
08:57 continue to refuse the fact that there
08:59 was hail damage and it was you know
09:01 enough hail damage to Warrant
09:03 replacement in the entire roof and uh
09:05 and we finally ended up settling above
09:07 the the amount of the the roof damage
09:09 that we' got attorney fees and and
09:12 expenses I just want to point out that
09:15 clearly these people pay for homeowners
09:18 insurance this is what they have it for
09:20 and they had to go so far as hiring an
09:22 attorney and getting a forensic roof
09:26 inspector to come out from
09:28 Colorado yeah to find finally get the
09:30 insurance company to pay for the service
09:33 that they're paying him to on a monthly
09:35 basis or I guess really annually and the
09:37 insurance company paid more on that
09:40 particular claim than had they just done
09:42 their job exactly and and that that's
09:45 that's really where um it's it's a
09:47 little bit you know this is where it's a
09:49 little bit unique when you are the
09:51 insured party it's it's called a first
09:53 party claim the reason why it's first
09:54 party claim is it's between there there
09:57 you know your insurance you know your
09:59 insurance policy is a contractual
10:01 agreement between you the the policy
10:03 holder and your insurance company MH and
10:06 so that that contract you know when when
10:08 they violate it um and the claim is for
10:12 you as the the first party beneficiary
10:15 under that contract um you know it
10:17 automatically triggers the you know the
10:19 bad faith and the contractual breach and
10:21 all those things that um you know that
10:24 come up from from contracts class but
10:26 it's uh but it's all those classic
10:28 damages um it Mak it a tough case
10:30 typically for for just a property damage
10:32 case but in this one it was so egregious
10:35 that because there was absolutely no
10:37 justification for this constant delay
10:39 other than they were hoping that at some
10:42 point the homeowner just gets tired of
10:44 fighting and just accepts you know what
10:47 you know what few scraps they wanted to
10:48 to throw his way um to resolve it and I
10:51 think that's worth noting is that you
10:54 know we don't have to say the name of
10:56 the insurance company But whichever
10:57 insurance company it is it's not
10:60 if I have to venture a guess it's not as
11:02 if this particular insured is the one
11:06 that they denied they're doing this they
11:08 know that if they get popped they're
11:10 going to have to pay more but it's still
11:13 in their best business interest imagine
11:15 how many claims they deny that people
11:19 don't pursue where it makes it
11:22 financially justifiable for them to be
11:24 like okay we can work in the possibility
11:28 of of getting St one or two times but we
11:31 can if we deny 100 and just pay more on
11:33 one right it's still financially
11:35 beneficial yeah well and what happens
11:38 when they you know when that's their
11:40 approach is that sometimes they stick
11:42 out like the sore thumb so um so in my
11:44 client's neighborhood um out of 151
11:47 homes um 65 of them had their roofs
11:52 replaced due to hail damage um and this
11:55 one insurer was the only outlier to deny
11:58 the existence of hail damage every sing
12:01 65 other homes in that neighborhood
12:03 within you know like like literally
12:05 within walking distance of of my
12:06 client's home all had their roofs
12:09 replaced um and and none of those other
12:11 insurers had any problems um accepting
12:14 that yes there's clearly roof damage
12:16 here it's within your policy and um you
12:19 and we're going to cover the claim um
12:21 they you know they might they might
12:22 fight on you know the amount of of of
12:25 the repair costs or the overall but but
12:27 they don't deny that you know the
12:29 existence of of the actual damage itself
12:31 right is so that that's the part that's
12:33 say clear as day that you there's clear
12:35 damage um and and you you're getting it
12:38 from your own engineer you're getting it
12:40 from the roofer um and and you've got
12:43 you know photos you've got the actual um
12:45 you know it's it's a very detailed way
12:47 that they describe like um sample areas
12:50 of each slope of the roof and they just
12:53 flat out denied what's clearly obvious
12:56 from pictures from descriptions what's
12:58 so impressive about insurance companies
13:00 is how much specialized knowledge they
13:03 have right they're doctors they're
13:06 Engineers that's exactly where I was
13:08 going they're making judgment calls
13:11 on structural damage to roofs these
13:15 adjusters are call making those judgment
13:16 calls and in another division in the
13:18 same company they' they've got adjusters
13:21 saying the way that that roof damage is
13:23 denied they've got people with B
13:25 suffered bodily injury saying oh this
13:27 treatment was unnecessary oh don't give
13:29 me started on health insurance wow we
13:31 have a a mutual who was diagnosed with
13:35 cancer and had to have surgery a very
13:38 invasive surgery she had half of her
13:40 tongue removed and replaced and skin
13:43 graphs and had to go through physical
13:44 therapy to learn how to use certain body
13:47 parts where they had to use take graphs
13:50 from and the insurance company said that
13:52 her Hospital the health insurance
13:54 company said that the hospital stay her
13:55 overnight stay was medically unnecessary
14:00 after this incredibly mind you she was
14:05 there for a week in the hospital yeah
14:07 they're like ah you should have been out
14:09 after like a day and it's insurance
14:10 companies making this call The Physician
14:13 her her attending physician her surgeon
14:16 I'm assuming likely recommended the stay
14:19 absolutely right it's not like she was
14:21 asking to stay yeah yeah and I know that
14:24 the insurance company is going to frame
14:26 it as if the attending physicians are
14:28 biased they're like well yeah of course
14:30 they want them to stay because they get
14:32 to earn money off of the hospital stay
14:34 but they're forgetting the fact that
14:36 this is It's medical treatment right
14:39 they're in such a better position in
14:41 reality yes there may be some some
14:44 theoretical you know truth to that that
14:46 bias but here's the reality that
14:48 attending physician is not you know is
14:51 also got to listen to his patient
14:53 there's no patient that just enjoys
14:54 staying in a hospital setting so much
14:56 that they just like I don't want to go
14:58 home get can you please extend my stay
15:01 you know it's it's not you know it's not
15:03 a festar resort it's not all-inclusive
15:06 it's it's not a vacation it's it's a
15:08 miserable place and people want to get
15:09 out of there as soon as possible so even
15:11 their patients are pushing to get out of
15:12 there I mean I think the notion that um
15:15 that that Physicians and and
15:17 hospitalists are um are keeping patients
15:20 longer than they you know that they need
15:23 um that the more than medically
15:24 necessary it I think it's a ridiculous
15:26 proposition I mean and it's it's it's
15:28 not only it's not only the fact that the
15:30 patients are pushing back but there's a
15:32 need I mean you know in in most places
15:35 thankfully Atlanta is not that bad but
15:37 when you get outside of Atlanta and you
15:39 get to rural places there's a desperate
15:41 need um for that space somebody else
15:44 needs that bed somebody else needs that
15:46 room somebody needs that ER space so the
15:49 the notion that the doctors are going to
15:51 just keep everybody else waiting while
15:53 they you know well while they overcharge
15:55 or or overuse um you know the the space
15:58 for this one patient I think is
15:59 ridiculous they they're under tremendous
16:01 pressure to to keep people moving and as
16:03 soon as they're they're well enough and
16:04 ready to be discharged they get them out
16:06 of there yeah the premise is is
16:07 ludicrous they it's funny to me how the
16:10 insurance Lobby has done such a great
16:13 job of playing the victim of course poor
16:17 us and and but they always they also
16:20 shift it because they know where the
16:21 pain point is like this this coming back
16:23 to tort reform now they're like oh
16:25 Georgia consumers and Georgia businesses
16:27 have to pay more like poor consumers
16:30 excuse my language who the [ __ ] is
16:32 charging them more exactly it's you and
16:35 they publicly traded companies we can
16:38 see how much shareholder return you have
16:40 every quarter and CEO compensation that
16:43 has never gone the other way it's only
16:45 gone up um that's right by you know
16:48 several fold um you know it it's it's
16:51 constantly the notion that a poor little
16:54 insurance company is fighting you know
16:57 and is up against this unmatched you
16:59 know this you know they can't fight
17:01 against this Behemoth that is the the
17:03 plaintiff's barns that that's ridiculous
17:06 right um they yeah that is really um
17:10 it's actually astounding that that's the
17:12 the the side that they take or the the
17:15 argument that they take my knee-jerk
17:17 reaction is to find out who the CEOs are
17:19 I'm just kidding there's a reason the
17:21 Luigi's of the world
17:23 exist on bringing it back to the
17:27 homeowners claims uh I think I'm in the
17:30 midst of the repair right now they're
17:32 going through the remediation they have
17:34 to take all the drywall out they took
17:36 the ceiling out obviously there's
17:38 insulation between so it's all
17:41 empty well you know uh water damage to
17:45 to your home it is it is crazy how
17:49 nuanced and how specific the policy gets
17:51 in terms of coverages right the one
17:53 thing that you don't have to worry about
17:54 is the the water um originated inside
17:57 your home and um and that's going to
17:59 almost always be covered right um but
18:02 the the real question um or or or the
18:05 the the real problem that that gives
18:08 homeowners sticker shock when they go to
18:10 file a claim on their homeowner's policy
18:12 is when water comes from the outside
18:14 because it really depends on what caused
18:16 that um is it is it basically um a
18:20 breakdown of the exterior barriers
18:22 that's allowing regular natural like
18:25 like rainwater or U or is it a is it
18:28 like a flooding storm like you know is
18:30 is it due to storm water or is it
18:32 discharged from a neighboring property
18:34 but based on on each one of those
18:36 different stereos there may or may not
18:38 be coverage under under those depending
18:41 on various types of coverages that that
18:43 you have under a homeowners policy um
18:45 and I only know this cuz I've had friend
18:47 uh deal with um his neighbors they
18:50 changed something in their backyard and
18:52 it changed the way the water was flowing
18:54 and so it was basically water discharged
18:56 from his neighbor's property onto his
18:58 property running up against the side
19:01 which finally gave way through the vapor
19:02 barrier um on on the I guess the first
19:06 like the basement level and um and water
19:09 was was there was water intrusion at the
19:11 basement level but they said that that
19:14 is because the water was not originating
19:16 off of his property and it was not
19:18 natural water um on his property it was
19:20 actually water being discharged off of
19:22 his neighbor's property it wasn't
19:24 covered and they fought him like for a
19:26 while wow the funniest thing about
19:29 insurance is if you don't need it it's
19:33 fine and you think you're covered it's
19:35 it's that security blanket that false
19:37 security blanket like everything's okay
19:39 the moment something goes wrong is when
19:41 you really find out what you have it
19:45 reminds me of the people that are
19:46 driving around being like I've I've got
19:47 full coverage there's no such thing as
19:50 full coverage right what what do you
19:52 mean full coverage it we're laughing at
19:54 it I'm sure like somebody listening to
19:56 this Mom hi Mom
19:59 she's like what mean I have full
20:01 coverage but there is no specific policy
20:04 there's all these different things that
20:06 will happen like uh if your car is out
20:09 of flooding flooding of a car was in
20:12 North Carolina full coverage doesn't
20:14 necessarily cover that Collision
20:17 wouldn't necessarily cover that it would
20:19 have to be comprehensive coverage like
20:21 there's these very specific types of
20:23 coverage that apply when it comes to any
20:27 insurance whether it's Auto or home and
20:29 even then you have to read the fine
20:31 print because they will find their
20:32 exclusions oh yeah yeah to rishi's point
20:36 oh it's not all flooding well the the
20:38 the my favorite is um almost you see
20:41 this in almost all policies there are
20:43 certain things that we just can't
20:44 explain how it happened we're going to
20:46 call that act of God there you go right
20:48 um and that is open to some pretty wide
20:51 interpretation um arguably you know
20:54 depending on on where you fall on the
20:56 Fai Spectrum I mean everything is an act
20:59 of God at the end of the day that's a
21:02 good point re actually never thought
21:03 about car Rex could be an act of God
21:05 even though it's due to the negligence
21:07 of another motorist oh my God Reish you
21:08 just gave the insurance carriers another
21:10 way
21:12 out wh watch that come back and bite me
21:16 yeah I think that uh this is worth a
21:19 part two even like I said mostly this
21:21 was selfish for me to review some of the
21:23 homeowner stuff uh I want to see what
21:25 what I go through uh we had uh a water
21:30 remediation company I forget the name of
21:31 the company I was going to give them
21:33 shout out Integrity all right shout out
21:35 Integrity um if you don't do well by me
21:37 I'm GNA come back on part two and blash
21:39 you that but no they've been great guys
21:42 uh Shane is Shane or Sean is from
21:46 Integrity young guy knows what he's
21:49 doing though this is pretty much all
21:51 he's been doing his entire life uh but
21:53 he's young he started right out of high
21:54 school uh they started the remediation
21:57 process and he's like this will always
21:59 get covered but I also have a feeling
22:01 that he's saying that this will always
22:03 get covered because it's going to be
22:04 within the deductible anyways so he's
22:06 like well yeah know we'll always get
22:08 paid on on the revation portion sure but
22:11 next week There's fans everywhere in the
22:14 house right now drying everything out
22:17 next week our insurance company is going
22:19 to come out we have Handover I actually
22:21 do really like Handover um there's not
22:24 many insurance companies that I like but
22:26 I like the people at Handover they
22:28 they've treated as well we've had a
22:29 couple we had a an electrical strike
22:31 here at the office they took care of us
22:33 there sorry I'm laughing I always have
22:35 to throw in a joke especially a punt as
22:37 soon as you said Handover I just want to
22:39 be like do you think they're making
22:40 money Handover
22:44 fist well played well played thank you
22:49 I've seen our premiums yes yeah I think
22:51 they are good them I think maybe that's
22:53 why they don't mind paying out on claims
22:55 every two three years they're swimming
22:56 in the cash they're like here you go
22:58 well
22:59 great investors they they they've got
23:01 good financials um I see you
23:04 Handover uh they're going to send an
23:06 adjust outout to check everything out so
23:09 the Reconstruction is going to be
23:10 another Spiel alog together so that's
23:14 what I want to do I just came up with
23:16 another one they're just coming to me
23:18 well don't set them up just say it I was
23:20 just gonna say they're not in the
23:21 business of handovers no that's not as
23:24 good unlike auto insurance I don't have
23:27 much input to be like this is you need
23:29 to look for it's I I think it's a little
23:32 bit different because it is so varied
23:34 with homeowner you know and property
23:36 policies um you know there's the overall
23:40 evaluation the value of the property and
23:42 that has to constantly be updated based
23:44 on the market value of your home and and
23:47 you know that affects your premium but
23:48 there are so many different types of
23:51 risks when it comes to home owners
23:53 policy that I I think it would be
23:54 impossible to to I mean you can cover
23:56 the you know the broad ones the ones
23:59 that are most common but you know
24:01 depending on your locality you're going
24:03 to have completely different I mean you
24:05 Florida homeowners policies are totally
24:07 different here in fact some insurance
24:09 companies they've siloed off their
24:12 Florida um Underwriters and and
24:14 operations so that if there is ever like
24:18 catastrophic thing that that that that
24:20 would otherwise tank or or would you
24:22 know really affect you know overall
24:25 profits for the for a whole company they
24:27 can at least limit that just to this one
24:28 Florida company to Rei's point I agree I
24:33 homes are one of those things where like
24:34 down to the region you're located it
24:37 probably covers based on like what what
24:40 kind of structure your home is built out
24:42 of or how it's built I should say the
24:44 materials use like Florida homes are
24:46 going to be much different than homes in
24:48 Georgia they're all going to be on stils
24:49 not all you know what I mean um versus
24:52 the weather in that particular area
24:54 whereas with automobiles or health
24:56 insurance for the most part you can kind
24:58 of
24:60 uh predict what's going to be necessary
25:02 but I think with holes yeah the rishi's
25:04 point there's so much Nuance you her
25:08 free matters yeah anecdotally I heard
25:10 about um some policies from the
25:13 Palisades
25:14 fires in California yeah that they had
25:17 not update because the your statement
25:20 just reminded me Rishi about updating
25:22 the value so these guys had Insurance in
25:25 place from the 80s and they never
25:28 updated the home home value so the
25:30 replacement cost of their home was based
25:32 off like the 1980s numbers yeah oh wow
25:35 yeah so I this is anecdotal so I haven't
25:39 actually now sound like President Trump
25:41 you know a lot of people have been
25:43 saying so I I don't know the facts
25:46 behind it but I can see that being an
25:48 issue where if you don't go back I I
25:50 actually I've got a 197 you've seen it
25:53 the the 78 Bronco that I have yeah um on
25:57 paper the market value of a 7 Bronco is
25:60 fairly low but it was like a classic
26:03 vehicle that I bought from an auction
26:04 site so I actually had to call in and
26:07 readjust I had to get oh man now I don't
26:09 remember the name of that insurance
26:10 company but they specifically do classic
26:12 cars so I went and I readjusted the
26:16 replacement value of the car based on it
26:18 being a classic 78 as opposed to just a
26:23 1978 Bronco go yeah you know so they had
26:26 to adjust it and I actually I did try to
26:28 to push it up they only they only
26:31 insured it for what I paid for it they
26:34 wouldn't go further that makes sense
26:36 which is okay because I think I could it
26:38 would be diff if something did happen to
26:39 it I I could find a comparable one
26:43 probably in that same range but you
26:46 never know yeah with these like classic
26:49 cars or or one-offs it's tough to find a
26:52 replacement cost and and get an
26:53 insurance company to agree yeah yeah buy
26:56 or beware
26:59 tour Act of God
27:02 no I don't know what that is in Latin
27:04 all right everybody um if you got any
27:07 information that was useful from this
27:09 podcast Please Subscribe whatever
27:11 platform you're listening to drop us a
27:13 like leave a comment it would really
27:14 help us out mom just ask Holly how to
27:17 leave a comment she'll D take you care
27:19 for you we look forward to talking to
27:22 you next time and as always I look
27:24 forward to taking care of you take care