Login

Or
Register Now


Already have an account?
Username:

Password:

Remember me

Lost Your Password?
Main Menu
Collector's Guide Table of Contents
Recent Visitors

Khamûl
2 minutes ago

Karl
31 minutes ago

Morinehtar
1 hour 8 minutes ago

Morgan
1 hour 23 minutes ago

Stu
2 hours ago

scarlet_sorcerer
2 hours 15 minutes ago

remy
2 hours 19 minutes ago

Jlong
2 hours 28 minutes ago
Report message: *
 
* = Required

Re: Insurance Appraisal

Subject: Re: Insurance Appraisal
by laurel on 2012/2/22 0:09:15

You are mixing two elements here-Policy Proposal and Claiming.

When you take out insurance you can pick any amount you want and with exception your insurer will not ask for evidence.

However when you claim I am not saying they will always ask for evidence I am saying that they may and have the right under the policy and my knowledge of the industry confirms this.

Clearly the value is a factor and in your example, no they are not likely to ask for a receipt/photo evidence of a phone and something like furniture but if you claimed for an expensive book/ ring/ watch etc they will ask for evidence of its existance and ownership and thus my recommendation best be safe than sorry.

I am afraid in the world we live there is every reason an insurer would ask for evidence when we suffer £millions of fraud every year. That is the reason why they should - to protect all us honest folks premiums.
© 2016 TolkienGuide.com and respective authors. Contact Us