Swattie87 wrote:
It's general insurance theory that you should not profit from an insurance (or warranty) claim. You should also not be financially any worse from the claim (other than the agreed deductible that is in the contract). You should be in the exact same financial position you were before making the claim, again less any agreed deductible. If you're not, either to your benefit or detriment, something is wrong.
I suppose you can't really help if Orvis decides to send you a new rod, even if the package with the broken rod arrived to them empty. Good for Orvis, I guess. But yeah, you shouldn't insure something for more than it's worth. That's not in good faith and is a form of insurance fraud. And with the new rod in hand, the extra $300 from the insurance claim is now a windfall, and should be returned. (This is like filing a claim for a lost diamond ring, collecting the insurance proceeds, then finding the ring. If this happens, you're obligated to return the insurance payment.)
In regard to the OP...I checked Orvis's website and the $60 fee is clearly outlined there. If it wasn't at the time you purchased the rod (probably hard to confirm, but unlikely I would think), then you should file a complaint with Orvis to have the fee waived since it was not clearly in effect at the time of your purchase, and initiation of the warranty contract with you.