Tuesday, March 15, 2011

Is This The World's Most Complicated Insurance Claim?

Earthquake off the coast of Japan. A number of tsunamis strike the coastal areas. Gas pipes ruptured and fires break out.

Has the owner of this house got the world's most complicated insurance claim on his hands?

Source: http://www.abc.net.au/news/events/japan-quake-2011/gallery.htm

Can you imagine how much grief the insurance company is going to give him? Can he prove that an earthquake damaged his home, or the tsunami (flood damage) or the fire? Was he adequately covered for each eventuality? Legal minefield methinks.

1 comment:

Anonymous said...

What are they going to do? They still do not have enough money raised and the insurance company will never pay for the rebuild of the full value of their home. What a mess. Gill