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

You got that right.  My wife worked at an insurance agency for a couple 
years and that's the first thing out her mouth when talking about insurance.

Mike F.

--------------------------------------------------
From: "Lance McLain" <lance-X3DuywwxauBWk0Htik3J/[email protected]>
Sent: Friday, October 08, 2010 2:20 PM
To: "DADL (off topic)" <[email protected]>
Subject: Re: [DADL-OT] Chumponomics was: Firefighters did the Christian 
thing in letting houseburn to the ground

>
>> 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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