Re: Chumponomics was: Firefighters did the Christian thing in letting houseburn to the ground

"Lance McLain" <lance-X3DuywwxauBWk0Htik3J/[email protected]>
Newsgroups gmane.music.dadl.ot
Message-ID <[email protected]>
> Karl
> I wonder.  The insurance would almost be within its rights to tell them to
> piss
> off if they refused to take reasonable precautions.

Possible, depends on the policy wording.  And may I encourage every
homeowner to go read your policy right now!  A few years back I did a
refinance and let the mortgage company pick the insurance company.  After
the closing I was reading the policy and it only covered paying off the
loan directly to the bank (regardless of the value of the property loss I
had).  In the event of a fire, I would have been homeless and my other
personal possessions would have not been replaced.
And to add insult to injury, I was paying 3 times the cost for that policy
compared to the good one I replaced it with protecting ME.  It was a
racket (fraud I'd say) between the bank (countrywide and the insurance
company).

I'm telling you right now, these guys are thieves....

regards,
-Lance




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