kart racer
Member
- Joined
- Dec 15, 2004
- Messages
- 482
Heard today some of the lawyers that sued the tobacco companies are going to the attorny general and make the insurance companies pay for flood damage even though it is not covered on a home owners policy.I work for an insurance company and believe me,you don't won't this to happen.The lawyers are claiming the insurance contract/policy is unconscionable and should be null and void-my reply would be fine,i'm refunding your policy premium and not paying squat...if this happens you can expect companies to pull out of several states and refuse to write any high risk areas-if there's any companies left.
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