Quote:
Originally Posted by hazy  I love the whole concept of insurance. Its not allowed to work for you. Their happy just as long as you don't need their help. With the money they make, there should be no such thing as excessive claims unless they are fraudulent. | Agree there.
Scenario in my state (New South Wales) in OZ.
Floods wiped out an entire town. Buildings only damaged, no humans killed.
There were 4 house all in a line on one street. People who owned 3 houses all had the same insurance company. Filed claims & were successful. IE, they could rebuild. One person had a different insurance company. Had their claim denied. Comment was along the lines of your flood waters were an overflow of flood waters so you get nothing.
Did not matter they were long standing customers who never had made claims. Treated like rubbish.
Problem was it came from an insurance company that supposedly specializes in 'rural insurance'. For that company to 'win' the claim would endanger policy holders in the future. Got taken to court fairly quickly. Luckily their decision was thrown out.
Problem is having that type of grief when you have nowhere to live & are really going to struggle to rebuild.
__________________ REAP WHAT YOU SOW. LIFE IS SO NOT FAIR. | 
