Now I know that insurance companies protect themselves against likely losses but my home insurance renewal now has a clause which says they won't pay out against losses arising from Marshall law imposed by either central or local government. Are we really heading in this direction? |
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"Now I know that insurance companies protect themselves against likely losses but my home insurance renewal now has a clause which says they won't pay out against losses arising from Marshall law imposed by either central or local government. Are we really heading in this direction?"
I'm impressed you read the small print. Any other weasily exceptions we need to be aware of? |
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"Now I know that insurance companies protect themselves against likely losses but my home insurance renewal now has a clause which says they won't pay out against losses arising from Marshall law imposed by either central or local government. Are we really heading in this direction?
I'm impressed you read the small print. Any other weasily exceptions we need to be aware of?"
There's severe weather clauses which now includes levels or rain, snow and wind (measured on the Beaufort scale) plus hail that breaks windows that aren't covered....plus they want a 20% premium increase. |
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"Now I know that insurance companies protect themselves against likely losses but my home insurance renewal now has a clause which says they won't pay out against losses arising from Marshall law imposed by either central or local government. Are we really heading in this direction?"
I wouldn’t worry, to impose Marshal Law you need either a military or an armed militia/police. The armed forces are in a shit state, the police are too busy arresting people for thought crimes on Facebook while the Prison Service is accidentally letting out the wrong people on early release. |
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"Now I know that insurance companies protect themselves against likely losses but my home insurance renewal now has a clause which says they won't pay out against losses arising from Marshall law imposed by either central or local government. Are we really heading in this direction?
I wouldn’t worry, to impose Marshal Law you need either a military or an armed militia/police. The armed forces are in a shit state, the police are too busy arresting people for thought crimes on Facebook while the Prison Service is accidentally letting out the wrong people on early release. "
...yep the police appear to be doing exactly what the government are telling them to do...easy enough to switch their focus. |
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"Who is this chap Marshall and why does he have his own law????? 
Sorry to be a pedant but assume you mean Martial Law  "
Quite right to be pedantic and of course you are correct...it was early, for me when I typed this |
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There's severe weather clauses which now includes levels or rain, snow and wind (measured on the Beaufort scale) plus hail that breaks windows that aren't covered....plus they want a 20% premium increase. "
Odd for a to be specific on the Beaufort scale. Sounds like they might payout to a claim for damage if you tell them it was 100mph gusts but not if you say it was force 10! |
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There's severe weather clauses which now includes levels or rain, snow and wind (measured on the Beaufort scale) plus hail that breaks windows that aren't covered....plus they want a 20% premium increase.
Odd for a to be specific on the Beaufort scale. Sounds like they might payout to a claim for damage if you tell them it was 100mph gusts but not if you say it was force 10!"
They are always tinkering with weather stuff...it was the martial (correct spelling ) law bit that was concerning. |
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By *irldnCouple 21 weeks ago
Brighton |
"
There's severe weather clauses which now includes levels or rain, snow and wind (measured on the Beaufort scale) plus hail that breaks windows that aren't covered....plus they want a 20% premium increase.
Odd for a to be specific on the Beaufort scale. Sounds like they might payout to a claim for damage if you tell them it was 100mph gusts but not if you say it was force 10!
They are always tinkering with weather stuff...it was the martial (correct spelling ) law bit that was concerning."
It is sneaky. Insurance companies are assholes who try to wriggle out of everything! Makes you wonder why so many are keen on privatisation of the NHS and moving to an insurance based system! |
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By *otMe66Man 21 weeks ago
Terra Firma |
"
There's severe weather clauses which now includes levels or rain, snow and wind (measured on the Beaufort scale) plus hail that breaks windows that aren't covered....plus they want a 20% premium increase.
Odd for a to be specific on the Beaufort scale. Sounds like they might payout to a claim for damage if you tell them it was 100mph gusts but not if you say it was force 10!
They are always tinkering with weather stuff...it was the martial (correct spelling ) law bit that was concerning.
It is sneaky. Insurance companies are assholes who try to wriggle out of everything! Makes you wonder why so many are keen on privatisation of the NHS and moving to an insurance based system!"
Underwriters make the rules of the policies, the insurer provides insurance and takes the financial risk.
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"Insurance companies used to not pay out for "acts of God". Does this now include acts of Allah, Shiva, Ganesh, druids and Jedi masters? "
What happens if you are in a car accident with Robbie Fowler? |
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Don't pay insurance for these things it's a load of shite. Do you our mitigation strategies and save the premium. So many get outs and excess mean you are out of pocket anyway. Insure for the big mental total destruction losses like fire, and that's it. The chances of other things going wrong are rare I wouldn't bother insuring. |
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By *irldnCouple 20 weeks ago
Brighton |
"Don't pay insurance for these things it's a load of shite. Do you our mitigation strategies and save the premium. So many get outs and excess mean you are out of pocket anyway. Insure for the big mental total destruction losses like fire, and that's it. The chances of other things going wrong are rare I wouldn't bother insuring. "
But mortgage providers require you to have buildings insurance! |
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"Don't pay insurance for these things it's a load of shite. Do you our mitigation strategies and save the premium. So many get outs and excess mean you are out of pocket anyway. Insure for the big mental total destruction losses like fire, and that's it. The chances of other things going wrong are rare I wouldn't bother insuring.
But mortgage providers require you to have buildings insurance!"
that's why we buy houses outright |
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By *irldnCouple 20 weeks ago
Brighton |
"Don't pay insurance for these things it's a load of shite. Do you our mitigation strategies and save the premium. So many get outs and excess mean you are out of pocket anyway. Insure for the big mental total destruction losses like fire, and that's it. The chances of other things going wrong are rare I wouldn't bother insuring.
But mortgage providers require you to have buildings insurance!
that's why we buy houses outright"
Most people can’t though |
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"Don't pay insurance for these things it's a load of shite. Do you our mitigation strategies and save the premium. So many get outs and excess mean you are out of pocket anyway. Insure for the big mental total destruction losses like fire, and that's it. The chances of other things going wrong are rare I wouldn't bother insuring.
But mortgage providers require you to have buildings insurance!
that's why we buy houses outright
Most people can’t though"
Apparently even Mark Zuckerberg, Elon Musk, Jay Zee and Beyonce got mortgages to but their houses.
https://youtube.com/shorts/C6Bj591Ub7E?si=zAo3-kE4TFuGXWrD
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