Join Date: Oct 2002
Location: Melbourne, Australia
Re: Insurance IS IMPORTANT
Insurance not only covers you for theft, but obviously for fire as well. With no insurance, not only do you have to deal with the trauma of your house burning down and the loss of irreplacable personal items, but then the financial loss of all the material possessions.
A guy at my work didn't have insurance - he smoked a bit of dope and couldn't be stuffed doing much of anything for that matter. The girl he had recently hooked up with after she indicated her interest for him had just dumped her old boyfriend - who was a mate of his. So his mate wasn't too happy and wasn't about to let it go.
First, a brick was hurled through the window, then later, her car was keyed (only a VS Commodore, so no great loss :D). They suspected it was him, but couldn't prove it. The last act was he set the garage on fire - containing two (inexpensive) early Mazda RX7s, one on the road, the other needing work. Also his tools and his mate's dirtbike, apparently worth close to $4000 went as well. The garage was all metal and the fire messed up the electrics to the house, so they had no power for 3 days until they got the garage disconnected.
The ex was seen hanging around and he later admitted it when questioned, so the criminal charges will proceed, but a year later, they are still trying to get crimes compensation for $10000-$15000.
If he had insurance, he could have claimed through that and the insurance company would have chased this guy for the money, leaving them with no hassles there.
Another guy stuck the nose of his XE Falcon out too far at a U turn point and a van going the other way hit him. His insurance had lapsed and the chassis of his car was bent rendering it a write off, and he also had to pay about $8000 for the other guy's vehicle. Then he got busted trying to steal a Nintendo game cartridge from work (I work in a transport company), he was busted and was lucky to get away with just losing his job considering the company's policy on thefts. So he ended up with a big debt and no job
Yes, I am an agent of Satan, but my duties are largely ceremonial.