Quote:
Originally Posted by afterburn 549
Yes, insurance, HA , we walk in the dark.
Its RIGGED!
We just think we are insured.
We bet against ourselves because of a sue happy world.
We think we are insured, than there are acts of god.
OK TO the point -
I just asked the company what if one of my trees fell on the neighbor's house?
They said, "OH that is a grey area, the tree would have to be inspected for rot and blah lah."
I other words if I have a tree that might hit the house next door, I better get rid of it!
What if it HIT my house?
AHEM again blah blah blah.
I (we ) pay and pay and pay, for a product , they do the duck, dodge.
I have phoned several companies, and just wow, what is, and is NOT really covered, is not black and white.
In the end, they are telling me, buy another liability policy, buy umbrella policies.
Buy, buy, buy!
I (we) think we are covered and i (we) just might be more bareback than we planned on.
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Hi guys,
At the risk of being tarred and feather I will admit my profession. Insurance agent. I have owned my own agency for the past 20 years and been in the business 30. I am a property casualty agent. I specialize in high risk insurance at the New Jersey shore.
Let me start with afterburn's original post. First the information I am about to give is based on an ISO HO-3 special form policy. This used to be called an all risk policy. The term "all risk" is no longer used as it does not cover everything that could possibly go wrong, there are exclusions.
Afterburn you are covered if your tree falls and damages pretty much anything.
Your house house, shed, pool, fence, another tree, etc. You are also covered if the tree falls on
the neighbors house, car, boat, motorcycle, pool, fence, shed, kid, dog, prized rose bush, etc.
If it falls on the neighbors things you will be covered up to your liability limit. It makes no difference if the tree is alive or dead or how it fell wind, earth quake, saturated ground or you with a chain saw.
Notice I did not include your car, kid, boat, motor cycle, dog or prized rose bush. The reason I excluded these is anything that can be insured should and if you choose to insurance it, it will be covered by it's own policy. Yes you can buy an insurance policy for a rose bush. If you choose not to insurance something that can be insured then you chose to self insure and took the risk upon yourself.
You shrubbery is also insured up to as I recall $100.0 per item with a total of $500 combined. So the tree that fell is covered for up to $100.
Acts of god are covered. Lightening-covered, wind-covered, Rain-covered, hail- covered, etc. Unless SPECIFCALLY excluded. Coverage is very black and white. Insurance is very standardized not much difference from one company to another just like auto insurance, unless you get into specialty coverage like I do.
Sounds like your agent is inexperienced or you have one of those online companies, Geico, Progressive, etc. that don't use agents, so they don't know what is covered and will not offer advice.
If you haven't read your policy you should.