Read today from a friend who's parents had their car stolen out of their carport.
Seems the thief/ves , broke into house while they were home , got the keys,
stole their car . Got found burnt out next day.
A particular "budget" insurance company , is refusing to pay claim.
Went a bit further , that this "budget" ins co , has knocked back heaps , like this case.
Check ya policies , especially if it is with a "budget" ins co.
Yep , they love Taking th $ off us. And Quick too.
hako said
09:55 PM Dec 20, 2015
If true it would not just be "budget" insurers, but apart from that aspect the refusal to pay on the claim would be that the insured did not secure the keys to the insured vehicle. This makes it very interesting. I think there is more to this story.
Thanks for posting wobblynut.
PeterInSa said
11:12 AM Dec 21, 2015
Question How secure do your car keys need to be if you are at home?
Need to put them in a safe to get Cover/payout?
Peter
PeterInSa said
11:21 AM Dec 21, 2015
Our Insurer the RAA, covers us, if thieves break in, and get the keys/steal one of our vehicles etc.
Thanks for the "Heads UP"
Peter
Magnarc said
12:50 PM Dec 21, 2015
If you buy "budget" anything remember you usually get what you pay for especially with insurance. Over the years I have found that it pays to be with an old established reputable company that has a good reputation to maintain. I recall the old maxim,
" If its too cheap, its not kosher"
Brisand said
01:30 PM Dec 21, 2015
As a former insurance broker, I can guarantee that there is more to this than what has been told so far.
I had a client whose Car was stolen in Melbourne and my client was unhappy about the time it was taking to settle the claim, I was even told that his mate who was with him the night the car was stolen was doing law and he would take it further.
The mate refused to make a sworn statemen, which was suspicious, it turned out that they were drunk and stacked the car, made the mistake of leaving the keys in the car after they abandoned it .The reason the mate wouLd not make a false statement was that if found guilty of making a false statement it could have ruined his law career.
Claims assessors have heard every story so don't try to be too smart, it is false claims that put everyones premiums up.
Read today from a friend who's parents had their car stolen out of their carport.
Seems the thief/ves , broke into house while they were home , got the keys,
stole their car . Got found burnt out next day.
A particular "budget" insurance company , is refusing to pay claim.
Went a bit further , that this "budget" ins co , has knocked back heaps , like this case.
Check ya policies , especially if it is with a "budget" ins co.
Yep , they love Taking th $ off us. And Quick too.
Thanks for posting wobblynut.
Need to put them in a safe to get Cover/payout?
Peter
Thanks for the "Heads UP"
Peter
If you buy "budget" anything remember you usually get what you pay for especially with insurance. Over the years I have found that it pays to be with an old established reputable company that has a good reputation to maintain. I recall the old maxim,
" If its too cheap, its not kosher"
As a former insurance broker, I can guarantee that there is more to this than what has been told so far.
I had a client whose Car was stolen in Melbourne and my client was unhappy about the time it was taking to settle the claim, I was even told that his mate who was with him the night the car was stolen was doing law and he would take it further.
The mate refused to make a sworn statemen, which was suspicious, it turned out that they were drunk and stacked the car, made the mistake of leaving the keys in the car after they abandoned it .The reason the mate wouLd not make a false statement was that if found guilty of making a false statement it could have ruined his law career.
Claims assessors have heard every story so don't try to be too smart, it is false claims that put everyones premiums up.