Quote:
Originally Posted by Seven
This is perhaps one of the most interesting things to me, but again this is assuming a lot. I have no dog in this race, I'm a lower level collector that makes less in a year than some of these cards go for in an auction. All that being said the only way I would think the Insurance company would pay out, correct me if I'm wrong, is if there was next to zero chance of the cards being recovered. If they suddenly are what exactly happens to them? I doubt the insurance company wants a bunch of old pre-war cards. Do they auction them off?
|
The likelihood of the recovery of the cards is not the criteria the carrier would use to base paying the claim or not, in this situation. They pay when there is a loss and at this point there is a loss but they only pay when the policyholder abides by the policy, which does not sound like that happened.