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Re: Insurance Claim Payment
[Re: tpcook]
#150712
12/29/2017 05:06 PM
12/29/2017 05:06 PM
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Joined: Apr 2004
Posts: 10,999 Macon, Georgia
GlennA
Traveler
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Traveler
Joined: Apr 2004
Posts: 10,999
Macon, Georgia
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I am hearing from several folks that some companies appear to be playing games with determining a "total loss". I wonder if there is a legal definition. One particular house above CGB was reduced to a slab and cistern. The insurance company claimed it a partial loss and hit him with a co-insurance penalty. If that is true it would be very hard for any house in the BVI to ever be determined a total loss.
Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. - Mark Twain
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