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ChemEnhanced
ƒ¶ƒåƒÓƒÛƒnƒéƒßƒåƒnƒÚƒÕƒÞƒ

Registered: Mar 2005
Location: Milton, ON Canada
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From an insurance perspective this could be a costly claim. My recommended reserves would be:
Building - $175,000
Contents - $90,000
Additional Living Expenses - $40,000.00
Expert Fees - $10,000
Adjusting Fees - $25,000
Total - $340,000.00
Probably premium received for the year $1,000.00. Insurance company is now $339,000.00 in the hole.
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| quote: | | Scott has been introduced to the rave scene, and Ecstasy, by Craig. The two of them go out on the weekends, with some of Craigs friends, and stay up all night, dancing in a drug-fueled trance. |
Last edited by Moral Hazard on Apr-26-2011 at 07:48
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Sep-12-2011 15:19
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kamil
Supreme tranceaddict

Registered: Apr 2004
Location: Toronto, Canada
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| quote: | Originally posted by ChemEnhanced
From an insurance perspective this could be a costly claim. My recommended reserves would be:
Building - $175,000
Contents - $90,000
Additional Living Expenses - $40,000.00
Expert Fees - $10,000
Adjusting Fees - $25,000
Total - $340,000.00
Probably premium received for the year $1,000.00. Insurance company is now $339,000.00 in the hole. |
LMFAO!
Yeah, insurance company is going to struggle coming up with that money. Fuckin crooks, its the only industry where money is made for nothing.
___________________
Buying trance is a lot like buying a car. Don`t buy American.
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Sep-12-2011 16:42
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ChemEnhanced
ƒ¶ƒåƒÓƒÛƒnƒéƒßƒåƒnƒÚƒÕƒÞƒ

Registered: Mar 2005
Location: Milton, ON Canada
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| quote: | Originally posted by kamil
LMFAO!
Yeah, insurance company is going to struggle coming up with that money. Fuckin crooks, its the only industry where money is made for nothing. |
The insurance company will come up with the money due to good investments. Insurance companies do not make money from pure premiums. They need to invest that money so they stand any chance of making profits, especially in Ontario. Just think, in order to actually make money from purely the premiums they would have to collect insurance for 340 years from these insureds just to cover this loss. To suggest the industry makes money for nothing just shows you know little to nothing about insurance. I would suggest the banks do a lot less for you then the insurance companies do.
___________________
| quote: | | Scott has been introduced to the rave scene, and Ecstasy, by Craig. The two of them go out on the weekends, with some of Craigs friends, and stay up all night, dancing in a drug-fueled trance. |
Last edited by Moral Hazard on Apr-26-2011 at 07:48
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Sep-12-2011 16:52
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