Massive jewelry heist. Basically goods were being transported by and armored car company but not in an armored car. Now it's a fight over who's going to eat the loss.
Massive jewelry heist. Basically goods were being transported by and armored car company but not in an armored car. Now it's a fight over who's going to eat the loss.
Ugh rich people. Everyone is supposed to insure 100% of their house, including rebuild cost, which can be even higher. Must be nice to have a large enough rainy day fund that you can play that...
The example would be like fire insurance on your home. Who insures 100 percent of their house? Your house might be worth many millions of dollars, but you get to decide how much insurance you want for an event of a fire.
Ugh rich people. Everyone is supposed to insure 100% of their house, including rebuild cost, which can be even higher. Must be nice to have a large enough rainy day fund that you can play that calculated risk game with your home.
I'm kinda with Brinks on paying out only the purchased insurance. That's what its there for... the customer could have insured the whole lot but took the calculated risk. However if the contract stipulated armored vehicle and it was not, that does change the equation a bit.
Massive jewelry heist. Basically goods were being transported by and armored car company but not in an armored car. Now it's a fight over who's going to eat the loss.
Ugh rich people. Everyone is supposed to insure 100% of their house, including rebuild cost, which can be even higher. Must be nice to have a large enough rainy day fund that you can play that calculated risk game with your home.
I'm kinda with Brinks on paying out only the purchased insurance. That's what its there for... the customer could have insured the whole lot but took the calculated risk. However if the contract stipulated armored vehicle and it was not, that does change the equation a bit.