Quote:
Originally Posted by parkplace33
This question has been asked for years and unfortunately, still haven’t had an a reliable answer. I asked the same think IRT the memory lane issue and never heard. I believe there are still two missing cards from that theft, so the insurance claim may have happened.
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As with all insurance questions, it turns on the coverage you have bought and specific policy terms. In high level generalities, I would not expect that arguable negligence by the sellers in breaking down their booth would bar their claim for property loss. They would sue whatever insurance carrier they have and also bring in any other insurance policy conceivably reachable (facility, security company, etc.) Unless the insurance policy sets forth specific conditions that these guys were required to do and did not comply, my gut tells me eventually they would recover the fair value of everything stolen (up to the policy limits).
If the policy says you need to have bonded security guys etc. and such requirements were not adhered to, that's an issue. Some one like Scott might have a better feel for what policies like these generally say.