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| Thread ID: 126035 | 2012-08-03 04:42:00 | House insurance | lakewoodlady (103) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1292507 | 2012-08-03 09:17:00 | Do you remember the 'Good Old Days' when State insurance was 'Owned' by the state? and was noticeably cheaper... That was Before we got all this wonderful 'Competition' and before we had to pay CEO's Millions of dollars a year. We need a review of the Insurance industry, to stop price gouging, because left to their own devices THAT IS WHAT IS GOING TO HAPPEN.What we need is a Fair deal,but wait, ShonKEY is in power,no way we can expect that to happen. Time for a Revolution! Think ourselves lucky how much cheaper insurance is in this country to other more developed countries. |
coldfront (15814) | ||
| 1292508 | 2012-08-03 10:04:00 | Well if what has happened to "Insurance" in Christchurch and getting policies paid out is anything to go by in the aftermath of the Christchurch earthquakes is anything to go by I wouldn't bother with House Insurance. If you think it will help you in the event of a disaster, you may as well not waste your money putting in a lifetime of payments looks likes these companies will try and weasel out of any obligations they have if they can find a way which includes delay and just avoiding contact. |
zqwerty (97) | ||
| 1292509 | 2012-08-03 10:10:00 | Well if what has happened to "Insurance" in Christchurch and getting policies paid out is anything to go by in the aftermath of the Christchurch earthquakes is anything to go by I wouldn't bother with House Insurance. If you think it will help you in the event of a disaster, you may as well not waste your money putting in a lifetime of payments looks likes these companies will try and weasel out of any obligations they have if they can find a way which includes delay and just avoiding contact. Quite agree. I've long been a believer that if you have enough money put into a savings account what you would pay into insurance premiums and years later you could be very surprised. |
mikebartnz (21) | ||
| 1292510 | 2012-08-03 11:03:00 | In some ways I would agree with you after a recent discussion with our insurance company over some damage to a septic tank. The insurers said the damage was the result of gradual deterioration and not the single event that we discovered the damage by, because the event took place 6 months previously and we could not see the damage then. My response was they must have used that line a bit since the Christchurch Earthquakes to deny claims. After a recent shake here which was one the largest I have felt since moving in 6 years ago. We noted misaligned doors and fresh cracks to walls! However due to the spongy ground here they probably will try and weasel out of any claim blaming the train tracks and road traffic causing gradual deterioration. However in the event of a Fire I would think that pretty conclusive in having insurance given the replacement value of the property exceeds the amount of outstanding Home Loan especially if you dont have sufficant contents cover either. |
coldfront (15814) | ||
| 1292511 | 2012-08-03 12:21:00 | However in the event of a Fire I would think that pretty conclusive That sounds like an excellent solution for anyone having trouble with an earthquake claim ... |
fred_fish (15241) | ||
| 1292512 | 2012-08-03 12:41:00 | Yeah good idea except they're wise to that one, been tried plenty of times all over the place, people often get caught out paying someone else to do it. | zqwerty (97) | ||
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