I asked a freind that has a insurance firm about this subject and gave him the link to this thread here is his response...
Hi Jas,
I've had a look at the photos and see the point, thanks, insurance is the whipping boy for many losses. Its all too common, we get quite a few claims for fallen trees on property / buildings, it must cost the insurance industry quite a bit and in turn drive up premiums for all of us.
All reasonable insurance policies cover the damage arising from the tree falling, however, many of them set a limit for the disposal or clean up of debris, as such individuals risk the cost of contributing towards such disposal and clean up costs.
See page 25 of Allianz landlords insurance policy for example, it appears to only cover $500.00 towards the removal costs. Allianz is probably the biggest insurer in the world, they claim to have high quality policies and insure over 3 million Australians (or something like that), as such this is probably a good example of the point.
Not sure what can / should be done, it might be a general selling point for you, however, people that are not aware of such limitations may examine their policy wording if they felt they were at risk of such an occurrence and take out a policy with an insurer that does not limit the costs or one that has a higher limit.
Let me know if you want further comment.
Look forward to seeing you soon.
Regards |