So far, 1,340 of these claims have been closed with a payment, while 2,712 have been closed without a payment.
That's all i need to know.
Similar thing happened in Christchurch Nz after the 2011 earthquake - 'Reee, well yes we know you have a policy with us, but it doesn't cover full replacement of Govt valuation or for ground liquefaction destroying your foundations making the property unlivable and also uninsurable because now it doesn't comply with regulations and building code' - when they did pay it was capped at 80% of GV. But hundreds or thousands still had ongoing issues of nonpayment 5 years later and ultimately class action litigation).
dass 0 points 8 months ago
That's all i need to know.
Similar thing happened in Christchurch Nz after the 2011 earthquake - 'Reee, well yes we know you have a policy with us, but it doesn't cover full replacement of Govt valuation or for ground liquefaction destroying your foundations making the property unlivable and also uninsurable because now it doesn't comply with regulations and building code' - when they did pay it was capped at 80% of GV. But hundreds or thousands still had ongoing issues of nonpayment 5 years later and ultimately class action litigation).