Quote:
Originally Posted by root1
An insurance company's primary objective, as with all public corporations, is to make money for their stockholders. Of significant note, is their uncanny ability to deny claims.
For starters, they will search for any dated construction materials from the rubble; Romex, porcelain fixtures, PVC pipe, structural steel, door frames, etc.; and then obtain copies of all construction/repair permits. If they find any discrepancies, the claim will most likely be denied; citing the unauthorized repairs contributed to the fire.
I'm praying the loss is covered and wish Hunter's a quick recovery.
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And denying a claim on a fire of this type would result in a law suit that would cost the insurance company more then the claim. This might seem like a big claim to the average guy but it’s a small deal to a decent size insurance company.
Some legitimate discussion of the payout and values might occur but if the owner bought proper coverage and placed realistic values on what was insured the claim will be paid . ( prayers only needed for the under insured )