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Post by Yorkshirepotter on Aug 10, 2011 10:45:28 GMT
I was just stood in the shower (calm down ladies), thinking how shit it was for the folk who have had their homes and businesses wrecked and had a horrible thought.
A lot of insurance policies have a list of exclusions and one of those is usually 'civil unrest and civil war'. Is it likely that some insurance companies will try to get out of paying and if so, will the victims end up sueing the police or government for not acting quickly enough?
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Post by Arthurdollar on Aug 10, 2011 11:03:21 GMT
I have a mate a glazier and his phone has not stopped ringing Nationwide. Plus he is having loads of requests for boarding unbroken windows up, he says insurance firms are refusing to pay up. So people are boarding before they get broken.
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Post by swampySCFC on Aug 10, 2011 11:27:49 GMT
Good point. Usual exclusions are act of god earthquake and riot arent they. Frightening really and you can understand that the owners will be adopting a siege mentality for days to come.
Coppers really do need to get their act together.
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Post by mayf on Aug 10, 2011 14:27:04 GMT
You're assuming that these businesses can all afford or get insurance.
There will be some who have probably lost everything
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Post by lawrieleslie on Aug 10, 2011 20:49:14 GMT
Read that insurance industry have been told to treat claims as theft and arson and not to use the "civil unrest" get out clause. It was on Teletext earlier 2 day.
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Post by oldgit57 on Aug 10, 2011 21:23:14 GMT
Trouble is that with insurance, you never really know how good ( or bad ) it is until you come to claim on it! Trouble is by then its too late!
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Post by ST5-POTTER on Aug 10, 2011 22:21:51 GMT
I am an insuance claims handler, deal with claims for a number of different insurance companies. Most policies I've come across last couple of days cover riot. Busy time for us again after just getting up to speed after the harsh winter we had  |
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Post by ST5-POTTER on Aug 10, 2011 22:26:18 GMT
Trouble is that with insurance, you never really know how good ( or bad ) it is until you come to claim on it! Trouble is by then its too late! Yeah there is, Read your policy documents, it's ALL in there what is and isn't covered. If I had a pound for everytime i've declined a claim for the policy holder to turn around and say "I never read the policy" or "my insurance isn't worth the paper it's printed on" I'd be rich. ALL insurance policies state what is and isn't covered in black and White., read the document if something ain't covered you need cover for then get a policy that does cover it, SIMPLE.  |
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