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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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