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Chinney
Veteran Member
 
Join Date: May 2004
Location: Ottawa, ON
 
2005-01-27, 22:10

One thing that I've noticed over the past few years is advisories on our home insurance stipulating things that the insurance no longer covers. I guess it has been a bad few years for insurers. 9/11 cost insurers plenty - as have a series of hurricanes and the like. Events such as these affect the general insurance pool. In general, this makes insurance more expensive and inspires insurers to exclude more types of loss. I understand the reasons for it, but it still makes me angry: it gives me the impression that for certain types of catastrophic loss - if, God-forbid, it should ever happen to us - we'd just be on our own.

When there's an eel in the lake that's as long as a snake that's a moray.
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