Transcript excerpt from a YouTube video by Hunter Nelson describing a single trailer fire claim that generated a $117,000 bill: roughly $112,000 for debris removal and $5,000 for trailer towing. The speaker emphasizes that typical insurance debris-removal limits are around $25,000, which can leave claimants with large out-of-pocket costs (the speaker cites about $20,000 out of pocket in this example).
$117,000
$112,000
$5,000
About $25,000
About $20,000
This was a bill for $117,000 for one trailer burning down. The trailer burned down with a thing full of meat. So a couple things on this, cleanup on the whole thing. And so is the debris removal for 112 grand and then 5,000 for the trailer towing. This is where this cost really comes in. But when it comes to debris removal, 90% of insurance companies are going to pay a max of 25,000. Debris removal 112k. But most insurance companies can pay 25, 000. That's gonna be really bad because especially if it's a reasonable amount, it's 25, 000. Most insurance can cover it. Now you get 20 grand out of pocket. 117 is the biggest I've ever seen.
