On Monday, November 25, 2002, at 03:41 PM, Obi-Wan wrote: > I asked a group of my friends and co-workers this morning and *all* of > them > thought that it was an accident on your part and that your insurance > company > should not be held responsible. My friend Theo stated that if you had > used > the powerbook as a weapon and hurled it at the vandals/burglers then he > thought that it should be covered, but since you just dropped it > rushing out > to investigate it was your fault and you should be responsible for it. >
Sometimes we put a little too much stock into what we (and our friends) think. I'm wondering if anyone took the time to look at one or two insurance contracts? The contract specifies what are termed "covered perils" upon which the premium rates for that particular coverage are structured. It matters not what you or I think it should or shouldn't say, or whether you or I agree with what it does say, but rather what the contract specifies. If we disagree with the terms, we can choose to join a different pool of insured by buying a different contract, possibly from a competing insurer. Different contracts have different specifications (and, very likely, different pricing). Contracts that include "stupid people tricks" among it's covered perils will likely be priced higher than a similar contracts whose owners need to be more responsible. In the case of insurance contracts, you pay for the coverage you get (in the specifications). Whether a claim is or isn't filed (for a covered peril) is up to the individual. That's the way it works. Insurance companies simply offer products with features that customers seem to want -- and are willing (or gullible enough) to pay for -- and the product is priced accordingly. John at Wood-n-Shavings, Inc. San Antonio, Texas -- G-Books is sponsored by <http://lowendmac.com/> and... Small Dog Electronics http://www.smalldog.com | Refurbished Drives | -- Check our web site for refurbished PowerBooks | & CDRWs on Sale! | Support Low End Mac <http://lowendmac.com/lists/support.html> G-Books list info: <http://lowendmac.com/lists/g-books.html> --> AOL users, remove "mailto:"; Send list messages to: <mailto:[EMAIL PROTECTED]> To unsubscribe, email: <mailto:[EMAIL PROTECTED]> For digest mode, email: <mailto:[EMAIL PROTECTED]> Subscription questions: <mailto:[EMAIL PROTECTED]> Archive: <http://www.mail-archive.com/g-books%40mail.maclaunch.com/> --------------------------------------------------------------- >The Think Different Store http://www.ThinkDifferentStore.com ---------------------------------------------------------------
