Missing Card...and insurance (Collect Insure) that doesn't pay

[thehoodedcoder]

Originally Posted by 4815162342

Nevermind (from http://www.collectinsure.com/exclusions.aspx):

Exclusions

Governmental seizure or destruction of property
War and nuclear
Gradual deterioration such as fading, creasing, denting
Nesting, infestation or discharge or release of waste products or secretions by insects, rodents or other animals
Dampness or dryness of atmosphere
Changes in or extremes of temperature other than fire
Fraudulent, dishonest or criminal acts
Voluntary parting with covered property
Loss or damage while being worked on by you or others working on your behalf
Mysterious disappearance

i would think it should be covered in the event my bank goes through a thermo nucleur disaster.....how is that one on the list. LOL.


in all seriousness then...what exactly is covered. it sounds like that has pretty much excluded just about anything that can happen except for flooding but they could argue that one im sure.

thats the problem with insurance companies. they do everything they can to not pay and when they do you don't get 100 percent of the money. they often hedge their bets, keeping a fraction of the money it would require to pay all clients, all monies that their policies cover.

that practice should be illegal.

[glchen]

Originally Posted by thehoodedcoder

... it sounds like that has pretty much excluded just about anything that can happen except for flooding but they could argue that one im sure.
.

Flooding is excluded from coverage due to the "Dampness or dryness of atmosphere clause."

[thehoodedcoder]

so i guess, the question then really is..."what do they actually cover".

i should get into the insurance business that doesn't pay out over anything. seems like the profit margins are nice and high.

kevin

[hangman62]

I just cant seem to wrap my arms around this ?.. card walked away..card gone missing... ??????

[GasHouseGang]

Originally Posted by hangman62

I just cant seem to wrap my arms around this ?.. card walked away..card gone missing... ??????

I know that seems strange, but I once won an ebay auction from a well known dealer and suddenly he couldn't find the card!? I thought for sure he just didn't like the price it went for, but he was very sorry and said if it showed up he would contact me. About a month later it was found and the transaction was completed. It happens.

[smtjoy]

Originally Posted by thehoodedcoder

in all seriousness then...what exactly is covered. it sounds like that has pretty much excluded just about anything that can happen except for flooding but they could argue that one im sure.

thats the problem with insurance companies. they do everything they can to not pay and when they do you don't get 100 percent of the money. they often hedge their bets, keeping a fraction of the money it would require to pay all clients, all monies that their policies cover.

Not true, a few years ago I had some cards stolen from my truck (you can look up the thread), within 60 days I got paid 100% of what I had paid on ebay for each of them. I did file a police report as my truck was broken into and a number of things were missing including the box of cards.


Sorry your card is missing Scott, that part sucks for sure.