“This new lab is a tangible, dramatic, generous demonstration of the property insurance industry’s deep commitment to reducing and preventing losses that disrupt the loves of millions of home and business owners each year, ”
is that supposed to be lives of millions of or loves of millions of? think they meant lives….
I just hope they don’t use what they discover to start adding specific exclusions from damage that is known to be caused from certain natural events to reduce claim payouts further.
However, I think that I would not be opposed to discounts for following their recommendations if it means less chance of damage when covered events occur.
So you think this 40 million investment research is being done so they carriers can pay more claims or find ways to deny otherwise covered claims….i.e the 14-day water exclusion language in Florida
I watched some news feed about this yesterday and it was interesting how something as simple as a front door opening outward would reduce damage as it kept the home from being pressurized. The other home that was destroyed had the front door blown in quickly and soon fell apart. These were frame homes. Pretty cool stuff.
I think this a testament to the brilliance of the construction industry. Here it is, 2010 AD, and it’s just now trying to figure out how to build a home that will withstand wind. And, the price tag is a modest $40,000,000 to build a play house. If these jackasses were paying attention to this over the last 70 years they could have examined millions of damaged homes and come to the same conclusions. Example: “hurricane straps” were introduced in the 1970’s. They attached metal strapping on the top plate of the walls to the rafters to hold the roof on. Builders bitched because it would raise the cost of construction by $300. Everybody wants steak on a hamburger budget.
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“This new lab is a tangible, dramatic, generous demonstration of the property insurance industry’s deep commitment to reducing and preventing losses that disrupt the loves of millions of home and business owners each year, ”
is that supposed to be lives of millions of or loves of millions of? think they meant lives….
I’ll take two.
Giant fan exclusion needed, please note.
105 “man-size fans” would that be a big man or little man??
you know there is another research facility that will be doing quakes… interesting…
I just hope they don’t use what they discover to start adding specific exclusions from damage that is known to be caused from certain natural events to reduce claim payouts further.
However, I think that I would not be opposed to discounts for following their recommendations if it means less chance of damage when covered events occur.
So you think this 40 million investment research is being done so they carriers can pay more claims or find ways to deny otherwise covered claims….i.e the 14-day water exclusion language in Florida
I watched some news feed about this yesterday and it was interesting how something as simple as a front door opening outward would reduce damage as it kept the home from being pressurized. The other home that was destroyed had the front door blown in quickly and soon fell apart. These were frame homes. Pretty cool stuff.
Love is the correct verbage. In the event the SC Governor has his mistress in town certain protections will be afforded.
I think this a testament to the brilliance of the construction industry. Here it is, 2010 AD, and it’s just now trying to figure out how to build a home that will withstand wind. And, the price tag is a modest $40,000,000 to build a play house. If these jackasses were paying attention to this over the last 70 years they could have examined millions of damaged homes and come to the same conclusions. Example: “hurricane straps” were introduced in the 1970’s. They attached metal strapping on the top plate of the walls to the rafters to hold the roof on. Builders bitched because it would raise the cost of construction by $300. Everybody wants steak on a hamburger budget.