For Insurance Assessors.
I mean his first factory (making fire extinguishers) got drowned in a flood and a year later, the new replacement factory got struck by lightning and burned to the ground.
2007-01-04 03:38:01 · 5 answers · asked by Perseus 3 in Business & Finance ➔ Insurance
Well, fortunately they don't put that in the questionnaire, except Clint Eastwood! LOL. But, they will go by prior claims. If they seem suspicious, they may investigate him. But I don't think you can falsify a lightning strike! But it will still be a strike (pun) against him.
Just out of curiosity & laughs: did the lightning strike cause a fire in the extinguisher factory?
2007-01-04 04:44:35 · answer #1 · answered by ricks 5 · 1⤊ 0⤋
The technical answer is that insurance underwriters will look into previous claims on other insurance policies. If he claimed for hte first 2 factories then his insurance premium will be much higher. If he just cut his losses and didnt claim, then the insurance underwriters will not know.
2007-01-04 03:40:17 · answer #2 · answered by OriginalBubble 6 · 2⤊ 0⤋
I'm sure he can find a company to cover him, even with the extensive loss history. It's just gonna cost him a whole lot more than it used to. Call an independent broker.
2007-01-04 04:11:05 · answer #3 · answered by van_at_lincoln 3 · 1⤊ 0⤋
If you follow strictly by the book the answer will be no as he does not seems to have a good record.
In fact I will be concern if he's doing this on purpose. Investigation is required.
2007-01-04 03:42:48 · answer #4 · answered by Rosy 3 · 0⤊ 0⤋
yes if he said he would carry a rabbits foot at all times
2007-01-04 03:39:48 · answer #5 · answered by Troubled Joe(the ghost of) 6 · 2⤊ 0⤋