[TechAssist] Re: Home-based business insurance
- From: Kevin <kevintv@xxxxxxx>
- To: techassist@xxxxxxxxxxxxx
- Date: Fri, 24 Dec 2004 15:59:31 -0800
Would they have covered it under the same claim, or under different 2
claims since they were 4 days apart? Someone tried to steal my car
stereo and at the same time they scratched 'Hi' into the hood of my car.
Insurance said it was two different claims. I thought that both
happened at the same time, but I don't know for sure.
Kevin Wilks
Kevin's TV & Video Repair
Penticton BC Canada
kevintv@xxxxxxx
-----Original Message-----
From: techassist-bounce@xxxxxxxxxxxxx
[mailto:techassist-bounce@xxxxxxxxxxxxx] On Behalf Of Ed Gaidies
Sent: Friday, December 24, 2004 10:00 AM
To: techassist@xxxxxxxxxxxxx
Subject: [TechAssist] Re: Home-based business insurance
Live and learn..Jerry. Struck by the fickle finger of fate.
Unless a Police Report is submitted, your Insurance is not
liable to
cover you. I had the same thing here, (privately). I had a bunch of
Electronics stolen out of my closed in Porch about 5 years ago. About a
$1000 worth.
Didn't bother to put in a claim, ($200 Deductible) but about 4
days
later my Lawn equipment, lawn mower, trimmer, etc was stolen out of my
shed. Same people I presume. Now it was worth to claim. Since I had not
submitted a Police report on the first incident, they refused to cover
it.
I learned...;-)
-Ed-
Ed Gaidies
Tel-Tek Electronics
Ontario-Canada
teltek3@xxxxxxxxxxxx
teltek@xxxxxxxxx
On 24-Dec-04, at 12:32 PM, J Silverman wrote:
> Long story shortened. Had Hartford. We replaced a camcorder stolen
> after it
> had been waiting 3 months for pickup. Customer was satisfied.
> Customers wife
> wanted cash to buy a new one. She contacted our insurance company.
> They told
> us to take back the replacement we had purchased and give the customer
> $750
> cash or she will sue, that she works for an attorney and her
employment
> contract provides free legal services, that she was a friend of the
> local
> magistrates secretary so a change of venue would be required, and it
> was
> going to be too expensive for the insurance company to defend us.
> I pointed out that the policy requires them to defend us and they said
> that
> if I insist, they will drop us and that it would make it very
> difficult to
> get insured with another company.
> The local agent begged us to go along, so I did. When we got the
> replacement
> camcorder back it was choked up with beach sand. The insurance company
> said
> they would not pay for the new camcorder because there was no police
> report
> of the original one being stolen.
> Jerry Silverman
> Greentron Inc
> 4 Newland Ave
> Greenville SC 29609
> Fax/Phone 864 232 3889
> mail to: greentron@xxxxxxx
> ----- Original Message -----
> From: "markbrock" <markbrock@xxxxxxxxxxxxx>
> To: <techassist@xxxxxxxxxxxxx>
> Sent: Friday, December 24, 2004 10:44 AM
> Subject: [TechAssist] Re: Home-based business insurance
>
>
>> I have not been following the thread much on this topic but here's my
>> two
>> cents, I had a couple rental properties along with my electronics
> business,
>> insurance of 2 million on my electronics shop which was a requirement
>> by
>> Sears and several other mgs's and ext warranty, ( now its dropped to
>> 500,000) one of my rental's caught fire, there was no servitors,
>> cause
> was
>> production of methemphetamines, parents of the kids sued me for 10.5
>> million, two years ago we're still in court and they said they would
> settle
>> within the limits of the policy, ( less than 2 mil.) any more would
>> be
> on
>> me but gave me a dead line, my insurance co says its up to me. but
>> there
>> not covering any more lawyer fee's, of course I should settle so not
>> to
>> loose any of my assets but they will drop me as soon as the
>> settlement is
>> made. I personally don't think they stand a chance to win ( we
>> requested
> a
>> jury trial) but, food for thought, most insurance policy's will
>> offer
> you
>> a " duty to defend" clause, be sure to take this no matter what,
>> that
>> means that if you get in a law suit your insurance ( no matter what
>> its
>> for ) will supply you a lawyer and cover his/her expenses, (
>> basically
> they
>> have a lawyer on retainer all the time and for a couple bucks a month
>> you
>> can use them in a suit ) glad I had it, not sure how its going to
>> turn
> out
>> but so far I've lost $25,000, and the house itself, and the future
> income,
>> all my savings and the amount that was in my checking account at the
>> time
> of
>> the suit is frozen, 6500.00, my lawyer says if I go ahead and fight
>> it I
>> have to pay the $125.00 per hour, so there goes that money as well.
>> there's a judge and two lawyers in my family they said I'd more than
> likely
>> win, but a judge will only award you as a winner, you'll have to
>> figure
>> out your own way to collect what you've lost, and the parents don't
> appear
>> to have anything, so I'm up that famous creek, something to look
>> into,
> if
>> you don't have " duty to defend" I'd certainly look into it.
>> Merry Christmas
>> Brock Electronics
>> R.R.4 box 237
>> 5208 cr.3385
>> Independence Ks. 67301
>> 620-331-0235
>> fax 331-7191
>
>
>
>
> --
> No virus found in this outgoing message.
> Checked by AVG Anti-Virus.
> Version: 7.0.298 / Virus Database: 265.6.4 - Release Date: 12/22/04
>
>
>
-----------------------------------------------------------------------
> ------
> Lost Password:
> http://www.tech-assist.org and select "Login Problems?".
> Email Archives:
> //www.freelists.org/archives/techassist/
>
------------------------------------------------------------------------
-----
Lost Password:
http://www.tech-assist.org and select "Login Problems?".
Email Archives:
//www.freelists.org/archives/techassist/
-----------------------------------------------------------------------------
Lost Password:
http://www.tech-assist.org and select "Login Problems?".
Email Archives:
//www.freelists.org/archives/techassist/
Other related posts:
