The Insurance game

For the sake of your business, review and check your business insurance policies. A little over a year ago, I dropped my van off to get some work done on the suspension. the mechanic told me to come back in an hour, so off I went. My phone rang, it was the mechanic telling me my van "had a fire". I figured how bad can it be?
As it turned out- REALLY BAD. While loosening off a rusty bolt with a torch, he managed to catch the interior on fire. EVERYTHING was a write off. My equipment, the van, any personal items, all gone.
Ah, but what the heck, I had INSURANCE!!!!Shouldn't be any problem right?
WRONG.
My van, with its new $3000 transmission, $1500 front end, new rear diff, new front drive shaft (4WD) and over $8000 in the previous 6 months in bills got me $5200.
My equipment, replacement value $13,000 + , by the time it was screwed with by the adjustor, got me a big , fat cheque for $3500.

WHOOPEE!

My little business nest egg that I had so lovingly built up for some expansion, was decimated. I had to borrow bank money to keep afloat. It put a lot of strain on my family life, not to mention the personal toll.

For pete's sake check and review your insurance policies. Be sure to take the time to go over EVERYTHING with the broker. your career and business can "evaporate" in a few moments.

Someting wrong with that picture, so the mechanic gets off scott free he caused the fire what about his insurance!

cleanex wrote: Someting wrong with that picture, so the mechanic gets off scott free he caused the fire what about his insurance!

Provincially run insurance that covers all mechanic shops too and shop policies. My insurance company went after ICBC and subrogated the claim. The bull$hit i would have to go through to get a couple of thousand more was insane and not worth my time. Great Northern Shield? It only covered their a$$.

I hear you loud and clear Doug. Here I was, merrily skipping away, figuring i had it all covered, when my ass(ets) were out to the northern wind, unshielded.

I'm just on my way out to renew my auto insurance now- I'll pay in cash, Who knew that currency made such rough toilet paper?


Edited by Just Ol' Willy - 25/September/2007 at 2:25pm

porn is good

We are at this moment confirming a sighting of a Lincoln Town Car in Vegas with a body in the trunk. (is this Kenny???)



Edited by Mr. Slide - 27/September/2007 at 1:03am

Mr. Slide wrote: They took his shoe's, but left the Glide![IMG]height=17 alt=LOL src="http://www.kleenkuip.com/forum/smileys/smiley36.gif" width=17 align=absMiddle>

He's gonna ship it to them by Kenpost
     

Thats too bad Willy.. When i was 16 I worked at a truckstop and the mechanic started a car on fire torching exhaust pipe off.. Half the building went up in flames..