Jeff, If this is an NFIP-direct or WYO policy I would consult with the carrier. Although the goat is not a "pet" and directly excluded under a SFIP, it might very well be considered a "collectible" and fall under the $2,500.00 special limit. I see no difference between collecting baseball cards and collecting hunting trophies. If this is another type of flood coverage, I would use the internet price and place a copy of the web page from where you obtained the price in the closing report. I would recommend the same if you apply the special limit as mentioned above. In either case, and prior to totalling the item, I would obtain a recommendation from a taxidermist that the piece can not be repaired and why and that it is a total loss. |