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Thread ID: 129303 2013-02-16 06:21:00 House Insurance pctek (84) PC World Chat
Post ID Timestamp Content User
1328273 2013-02-19 00:51:00 They need policies that cover the section & everything on it so that if your house is ever completely written off, the insurance company will pay out enough to purchase a similar house & land, then take ownership of your land & everything on it. The insurance company could then use their approved demo crew & builders (who are forced to do the jobs as cheap as possible because of the power of the insurance industry) to re-build a cheap spec house.

It wouldn't work so well when the land is unusable after a natural disaster, but it could streamline the process in the event of a major fire or flood
Greven (91)
1328274 2013-02-19 02:41:00 T The reply came back you will only be paid out to the Goverment Valuation of the buildings. Ah I said so what if a rebuild which value do they pay out to?

To some extent it depends on your insurance company.
pctek (84)
1328275 2013-02-19 07:58:00 To some extent it depends on your insurance company.

Once again editting of a sentance

This was AMI
coldfront (15814)
1328276 2013-02-19 08:08:00 Insurance, particularly life insurance is a con in which you bet that you will die. If you win, you have not a great deal of chance of signing the receipt for your winnings. They bet you will live, and while you do, they rake in the counters.
So, as well as religion paying out after you croak, here is the insurance industry using a remarkably similar set of shells - possibly even a cloned pea. I await their offer outdoing the 47 virgins for deceased martyrs. Queues form over by the gate.
Or, - Ring now! ;)
R2x1 (4628)
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