Insurance pay to replace?

Message

Author

Posted: Fri Dec 04, 2009 10:18 am Post subject: Insurance pay to replace?

Why did not my insurance pay to replace everything I loss?

HullyJacob

New member

Joined: 09 Sep 2009
Posts: 12

Location: New York
8.66 Dollars($)

Posted: Fri Dec 04, 2009 6:03 pm Post subject:

You either are the unluckiest person in the world when it comes to insurance, or you have another agenda. _________________ Can I say I’m working if I stare blankly at my computer all day?

Dasfuk

Senior member

Joined: 27 Feb 2008
Posts: 597

Location: Ohio
24.03 Dollars($)

Posted: Sat Dec 05, 2009 1:28 am Post subject:

Hurry go buy a lottery ticket!!!

Trench

Senior member

Joined: 16 Sep 2009
Posts: 911

Location: Kansas City
152.85 Dollars($)

Posted: Sat Dec 05, 2009 4:41 am Post subject:

Insurance is a means of indemnification (making financial loss good), and they replace also, but only when it is more economical for them (lower liability for the insurers). Replacing everytime and everything may create problem, imagine someone losing his wife/husband/... and demanding for a new one from Insurance Company as a nominee under the policy issued, or the Insurance Company offerring the same inplace of providing financial compensation. Regards

AryanOffshoreSolutions

New member

Joined: 22 Apr 2008
Posts: 46

Location: 10685-B Hazelhurst Dr. #11803, Houston, TX
12.41 Dollars($)

Posted: Mon Dec 07, 2009 9:15 pm Post subject:

Hully, what's the story? As Das mentions you seem to have a history of very bad luck and in many cases providing pretty thin info. As aryanbiz mentions though the settlement you will recieve in the event of a homeinsurance claim where your posessions are damaged or destroyed may be based on a depreciated or market value. Clothes that are 5 years old are not worth what you paid for them for example. _________________ Get free insurance quotes or Purchase auto Insurance online in minutes.