Quote:
Originally Posted by savedfrommyspokes
Obviously, any imaginable transportation scenario would yield some chance for loss, so utilizing the scenario with the least amount of risk would make the most sense. If ML picks up this package directly from the carrier an entire entity is eliminated (the BW) from the "chain of possession" which is going to significantly reduce the risk for loss.
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Worth pointing out is the fact that not all flavors of theft are the same from the perspective of the insurance company. Some forms of theft are much more likely than others, which is why they impose different maximum payouts for different scenarios.
If I brought my cards over to a friend's house and asked him to watch them for me while I went to Disneyland for a few days, I can assure you that my insurance policy is going to give me the middle finger if I were to file a theft claim after his meth-head cousin stole my box of cards. But they would honor my claim if I left them in my safe and my home was burglarized and my safe broken into while we were on vacation.
While this strawman scenario isn't the exact same thing, it's also not that different from what supposedly transpired.
I used to work for a major insurance provider. I wrote algorithms to detect fraudulent claims. Insurance companies are in the business of denying claims, not honoring them. Honoring a claim only occurs after every attempt at denying it has failed. It's all going to come down to the specific language of the policy that details the coverage limits, if any, for when you ship something worth $2 million dollars to a Best Western Plus and ask them to hold it for you until you arrive a few days later. Perhaps they have some sort of rider that covers such egregious acts of negligence, but I certainly wouldn't be as confident as some people here seem to be that ML's loss is covered should they indeed have to file the claim.