Insurance Tips for Parts Lost

[A.B.]

Happy Holiday Porsche Friends.
I am looking to see if anyone has any experience or tips on how to best value older used Porsche parts that were lost in a fire that will be covered by ones homeowner insurance policy.
I have accumulated a number of spare parts over the years for my 1988 944 like a couple of transaxles and cylinder head that I cannot run down and purchase at the dealers or a parts store to provide the insurance company with a receipt. The adjuster understands the 'rarity' of some of these parts and is asking me to help valuate them for the claim.
These parts where stored outside on the side of the garage and the intense heat melted the aluminum so they are not candidates for rebuilding. Luckily the house and its contents (including Porsches) remain intact. Our insurance company says the parts can be claimed as personal property.
Again, any tips or experience would be much appreciated as I would like to 'stock up' on these items when the opportunity presents itself.
Thank you, Happy New Year and stay well.
"A.B."

[Sparks]

Hey A.B., glad to hear that you, fam, and cars are safe. Sorry to hear of the misfortune.

With regard to putting a number on the parts, you might consider reaching out to Tim Comeau to see what prices he sees and or asks for similar parts. I'm not familiar with any other 944-only shops but I would think going this route might be a fair/credible way to justify the numbers to the adjuster.

Best,

Matt

[VinhLy]

Hello Mr. Bortolin, I'm sorry to read about the fire. Glad that everyone is safe.

I like Matt's idea of getting a knowledgeable 944 person to appraise your 944 parts.
Christie's has their own internal specialists who will give you an estimate of your item.
As you probably know, there's a licensing process for someone who wants to become a real estate appraiser.
I'm not aware of something similar for the auto parts industry but the idea of appraising something is
similar across the board.

I apologize for being verbose in advance. I'd reach out to my adjuster and say something like,
"There's a local 944 mechanic at company X who has been working on 944s for Y number of years.
Would you consider accepting her appraisals of my car parts." Your adjuster should be able to tell
you what else they want to see, for example, the mechanic's credentials and experience, a written appraisal, etc.

Once you have figured out the process, please share your experience with us.

Good luck!

[Tim Comeau]

I'm happy to help you out, AB.

[A.B.]

Thanks for input Gents!
I'll be reaching out Tim, once we meet with the adjuster again in the coming weeks. Thanks.
AB