Originally Posted by
Brucifer
Sigh..... yes, that is what first comes to ones mind. However from personal experience, that isn't necessarily the way you want to go in real life. Once upon a time I lived in a house in a much wetter part of the country and one day in the middle of a huge downpour, it seems that an outside electrical connector (UL certified water-proofed type) somehow shorted out, and started a fire. Did about 60,000 US worth of damage to the place. The insurer was one of the major companies in the US market. The house had been build following all the rules, codes, etc., and had passed all required inspections during the building. Well after all was said and done, yes, the insurance company paid for the damage, however they also cancelled out the policy saying that the house was not the type of house they cared to insure as it wasn't up to their standards........... even though all permits, inspections, etc., were in compliance and all. Just their way of cancelling out a policy, and then of course that goes against your record in the big insurance databank in the sky which causes your rates to go up with no matter who you insure with.
Being a poor sailor at the time I didn't have the bucks to rebuild my house without the insurance claim. But after that little experience in my lifetime, for a hit of $15,000 (as in Terry's case) I would just eat it and rebuild out of my own pocket. Dealing with "real property" aka houses, it just isn't the same as taking a claim on your auto insurance. So I fully understand where Terry is at and what he is talking about.
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