Back in 90's a Tornado hit my house in Jax, Fl. Both my cars were totaled by falling trees, and my roof, and air conditioner unit had to be replaced, and of course the clean up cost. State Farm, did me right for these claims. That is my only experience so far.
Sounds like all those extended warranties. They promise that it covers absolutely everything. Until you need it and whatever happened to your product is the only thing NOT covered. I laugh every time someone asks me if I want to buy the extended warranty. Haven't bought one in years.
"Your policy will include a: War Exclusion endorsement IA325 01/23. Excess liability amendment to the 'recording and distribution of material or information in violation of law exclusion.' Excess liability will include a cyber liability exclusion"
We had to get a new roof about a year ago. Next thing you know our insurance we'd had for 30+ years was canceled.
The only other time we'd used the insurance was to redo a bathroom where a shower pan went out and molded up. That was like pulling teeth to get paid but I'm one of those that'll latch onto that tooth and not let go until it comes out. I've never heard that you can get a public adjuster. I'm going to look into that.
Collision coverage premiums should go down as the car depreciates, but liability is the lion’s share and it doesn’t depreciate. It can be said that the probability of a liability claim decreases as safe driving experience increases.
My husband is a financial advisor so he’s familiar enough to say the War policy is typical and the cyberattack relates to loss of money through a cyberattack and that’s a separate policy usually. Seems strange to me that they recently made these changes if they are common.
Makes no sense if it is common for these to be included why are they wasting paper and time sending it out? I would figure it would already be excluded in original paperwork.
You may be able to add the following options to your policy:
Identity theft coverage, which pays up to $25,000 toward expenses related to regaining your identity.
Personal cyber coverage, which pays to restore lost data, respond to extortion demands or recover from online fraud.
Extended replacement cost coverage, which pays up to 25% extra to rebuild your home after a disaster in case it costs more than expected.
Water damage coverage, which pays for damage from backed-up drains, a malfunctioning sump pump or water that seeps into your home from underground.
The company also has a bundle of extra coverage called Homeowners Plus. When you add this endorsement to your policy, you’ll get:
Replacement cost coverage for your personal belongings, which means you’ll get enough of a claim payout to buy brand-new replacements for damaged or destroyed items. Without this coverage, the insurer would reduce your payout to reflect your belongings’ loss of value in the time since you bought them.
Ordinance or law coverage, which pays to bring your home up to the latest building codes after a covered claim.
Increased credit card coverage, in case someone steals your card or uses it without permission.
Extra coverage for valuable items such as jewelry or watches.
Coverage for refrigerated items lost in a power failure or appliance breakdown.
For policyholders with higher-value homes, Cincinnati Insurance offers more comprehensive policies with some of the above benefits included. These policies also come with higher limits and a wide range of optional add-ons.
For example, Cincinnati’s Executive Capstone policy for houses worth $1 million or more includes guaranteed replacement cost for your home in most states. With this coverage, the company will pay whatever it takes to rebuild your home after a covered disaster, even if it’s above your dwelling coverage limit.
I’m not an expert but I’m pretty sure that War is not a new thing. It has been around since the dawn of mankind.
Cyber liability and related cyber / internet issues have probably been a thing in insurance for at least 20 to 40 years. Insurance companies are not ones to drag their feet on making exclusions.
I also find it highly suspect and “coincidental” (there are no coincidences) that these specific exclusions are being released / made public simultaneously and at this point in time / history.
I think there’s smoke here….
I’m very curious to see if any other insurance companies have done / released anything remotely similar….
Keep us posted if you find anything similar, frens!!!
Notice they will continue to take your premium payments--even if you've been ID'd as having a poor social credit score--you only find out you're on the naughty list if you file a claim.
On one occasion my claim was denied (tree fell on the house) on another occasion my rates doubled because the 'cost of labor on others' claims', so I dropped those companies. Oh how they stammered and pleaded when I told them I will not renew my policy with them. No point in paying for insurance if they wont cover when the need arises.
One thing about insurance: IF there is a chance the company will suffer definitive losses to the point of bankruptcy, they would want to limit the exposure. That is what insurance entails. After all there is one calculation that drives the business: premium paid/damages paid.
On a more abstract level, this may translate into future premiums (reward) against future damages (risk). This is a risk assessment.
What I find curious, is that I know of only one RISK MANAGER who spoke out against the vaxx. ......me. Because not taking the vaxx is one sure way to limit exposure to risk territory that is totally unknown, uncontrolled and potentially devastating to any insurer ....Not a peep was heard.
Since the game is continuing as it does, there is no much more clarity and solid ground to consider the premium vs risk in cases where clients have taken the vaxx ....
for instance: car insurance, travel insurance, life-insurance, health-insurance, whereas those who have not taken the vaxx, should actually be rewarded with a lower premium ... or better coverage. Instead, the tune played in the media was to punish those unvaxxed with higher premiums and lower coverage.
Apart from the premium vs damages discussion, there are some other ways for insurers to satisfy their shareholders and return a nice return on investment:
sell policies that are branded. The actual insurance is done somewhere else. This means the company you think is your insurer is nothing more than a paper pusher and living of the commission.
sell a policy that is in part or in whole re-insured. The beauty of this is, that should push come to shove, the insurance company has a backstop with another one, like Swiss Re.
limit exposure by expanding exclusions worded such that it leaves enough ambiguity to make the impression of coverage subject to interpretation by the insurance company.
step down the willingness to pay-out and drag payment c.q. decision to pay out over time.
Now comes the question: do you need insurance? Or rather, do you need insurance at this juncture in time?
There are two ways to mitigate risk:
insure, making a third party liable to pay damages.
have your own solution.
We discussed number 1. Number 2 has several options:
Have sufficient funds of your own to cover any damage, or only those damages and risks you think are worthy of risking.
a.Bonding. Car insurers often work with a bonding card, a green card up to the limit of your policy coverage.So, you could arrange for that yourself.
2.b. be on the look-out for solutions to damages that are much cheaper and ( in case of health) probably better for you.
Insurance came from international maritime trade, and is already very old. As far as we known, and have it on paper, at least 900 years. Pooling resources to cover a loss is not a bad idea. It serves both the insured as well as the investor/ guarantor.
The establishment of companies being a person is the fundamental problem in the system, as it has introduced moral hazard and psychopathic calculation with the lives and livelihoods of people. It also has totally subverted the meaning of rights, as companies now want to claim 1st amendment rights. And, given the 2007-2009 money crisis: has introduced a lack of accountability in playing casino.
I think there are more people in the insurance business who have personal concerns about the vax but my theory is they don't want to talk about it because how many cowardly CEOs made their employees take it under the guise of a mandate? The problem is, it ain't going away.
I just saw a notification that the medicaid policy in my state has been updated to address wartime vets. This happened yesterday I immediately said looks like we are preparing to go to war. Now this...
Cyber liability is more interesting than the war one. They put it last for such.
Cyber liability - automatically one will think cyber being hacked or shutdown. Which could be part of it. The more important part is what we call “Social Credit Score” — if they find posts that are not inline with their belief in you not having free speech… you will not be covered?
Seems fishy to me. Why would they send out an update that has two different fonts in the body of the message? I have had many insurance companies over the years, and I have never had a single one send out a generic form letter to "Policyholders".
All communications were directed to me personally, and they also contained my policy number(s).
It's safe to say Act Of God is not covered either. An act of God is an uncontrollable event, such as tornadoes, floods, or tsunamis, not caused nor controlled by humans. My insurance policy does not cover earthquakes and floods. That is the only exclusion in my policy. But I can buy flood and earthquake insurance. Homeowners insurance also typically does not cover damage caused by an act of war. My insurance does not cover a fire if an act of war causes it. But that is the only exclusion. After September 11, "war and terrorism" exclusions that broadened the war portion of the exclusion beyond contractually assumed liability were quickly added to liability policies. This development widened the scope of the war exclusion clause, which is now considered standard, regardless of whether terrorism is insured or excluded in the policy.
I would contact a reputable insurance company/Agent in your area and have them review your current insurance.
They already don't include "acts of god" which is a blanket term to basically say "anything out of the ordinary", which is why we get insurance in the first place.
Your disability policies have exclusions for acts of war built in- however when 9/11 hit they did pay out for fear of looking anti-American back then. Not sure how they would handle it now.
Odd. Reads like its about disinformation. But states its about War. Also. Why would they expect anyone to understand what that means. Complete mumbo jumbo.
Something wicked is being put into effect. Ohio and Florida, that I know of, are changing laws based on internet postings. Almost like a libility clause or an attempt to turn the first amendment against we the people. Check out what the lates what the hales video. Might be nothing but the judge explains the new law and jeremey explains what it means for us. Insurance cos are covering their asses from liabilities the government has secretly put forward against the people. More police state shit!
I can't speak for all insurance companies, but when our house burned down and we lost all that we owned, The Farm Bureau was solid gold. They made sure we had all we needed until the case was resolved in full. They get all of my insurance business.
No, haven't seen this yet, but at our annual lodge meeting, they did inform us that the rates went up. I got mine paid just before the rise in rates, but next year we'll see the increase.
Guess I didn't spell check very well. Lodge. And no, not masonic. I have RVOS insurance. It's farm/ranch insurance. The RVOS lodge members are the owners. So our premiums go to pay ourselves.
No, not them idiots. We're a better band of idiot! Lmao! It's a farm/ranch insurance company. The lodge members own the insurance company so if we have a claim, we basically pay ourselves. RVOS insurance. Sorry I didn't spell check. Damn phone autocorrects incorrectly
We will cover you until we will not. Now pay up, slave.
As long as "when it's nice out" is when you're giving them free money that they will fight tooth and nail to never pay out.
Not even an umbrella either, they took your umbrella so you didn't have it when it rains haha.
Back in 90's a Tornado hit my house in Jax, Fl. Both my cars were totaled by falling trees, and my roof, and air conditioner unit had to be replaced, and of course the clean up cost. State Farm, did me right for these claims. That is my only experience so far.
Same experience with State Farm, here. I totaled my truck driving on hail. State Farm paid up immediately without any problems.
We will cover you .....until you need it
Sounds like all those extended warranties. They promise that it covers absolutely everything. Until you need it and whatever happened to your product is the only thing NOT covered. I laugh every time someone asks me if I want to buy the extended warranty. Haven't bought one in years.
Me either!
Well they did change the definition of a vaccine and insurrection, they will probably do the same here to avoid compensations.
"Your policy will include a: War Exclusion endorsement IA325 01/23. Excess liability amendment to the 'recording and distribution of material or information in violation of law exclusion.' Excess liability will include a cyber liability exclusion"
I read this as "if you're storing or spreading what we deem to be disinformation, you become ineligible for insurance."
This is like the wind driven rain exclusion that Florida insurers use to avoid payout on hurricane damage.
Essentially “We’ll find a way not to pay you.”
Always get a public adjuster..theyll pay.
100% get your own adjuster.
We had to get a new roof about a year ago. Next thing you know our insurance we'd had for 30+ years was canceled. The only other time we'd used the insurance was to redo a bathroom where a shower pan went out and molded up. That was like pulling teeth to get paid but I'm one of those that'll latch onto that tooth and not let go until it comes out. I've never heard that you can get a public adjuster. I'm going to look into that.
Yeah. I helped a lot of homeowners get payouts. The one who got paid fastest used an public adjuster.
What does this mean to get your own public adjuster? I've never heard of this.
Hmm.
The fascists are forcing self-censorship through financial coercion.
Expecting days without power, due to a cyber attack. Winter. Cold. Death. No insurance.
Did they reduce the premiums in line with the reduced coverage?
No. My car insurer just added loads of similar clauses and hiked the premium exactly 60%
Car insurance always goes up, gotta switch companies almost every 6 months or a year
Should go down as your car depreciates
Collision coverage premiums should go down as the car depreciates, but liability is the lion’s share and it doesn’t depreciate. It can be said that the probability of a liability claim decreases as safe driving experience increases.
b*rds!
My husband is a financial advisor so he’s familiar enough to say the War policy is typical and the cyberattack relates to loss of money through a cyberattack and that’s a separate policy usually. Seems strange to me that they recently made these changes if they are common.
Makes no sense if it is common for these to be included why are they wasting paper and time sending it out? I would figure it would already be excluded in original paperwork.
Their website is cinfin.com and they’re really big - across the country. They stand to loose a lot in war or cyberattacks so good to clarify. This site provides additional info on what they do & don’t cover. https://www.nerdwallet.com/article/insurance/cincinnati-home-insurance-review.
You may be able to add the following options to your policy: Identity theft coverage, which pays up to $25,000 toward expenses related to regaining your identity. Personal cyber coverage, which pays to restore lost data, respond to extortion demands or recover from online fraud. Extended replacement cost coverage, which pays up to 25% extra to rebuild your home after a disaster in case it costs more than expected. Water damage coverage, which pays for damage from backed-up drains, a malfunctioning sump pump or water that seeps into your home from underground. The company also has a bundle of extra coverage called Homeowners Plus. When you add this endorsement to your policy, you’ll get: Replacement cost coverage for your personal belongings, which means you’ll get enough of a claim payout to buy brand-new replacements for damaged or destroyed items. Without this coverage, the insurer would reduce your payout to reflect your belongings’ loss of value in the time since you bought them. Ordinance or law coverage, which pays to bring your home up to the latest building codes after a covered claim. Increased credit card coverage, in case someone steals your card or uses it without permission. Extra coverage for valuable items such as jewelry or watches. Coverage for refrigerated items lost in a power failure or appliance breakdown. For policyholders with higher-value homes, Cincinnati Insurance offers more comprehensive policies with some of the above benefits included. These policies also come with higher limits and a wide range of optional add-ons. For example, Cincinnati’s Executive Capstone policy for houses worth $1 million or more includes guaranteed replacement cost for your home in most states. With this coverage, the company will pay whatever it takes to rebuild your home after a covered disaster, even if it’s above your dwelling coverage limit.
Excellent comment, thank you so much for your deep research
Agreed.
Trouble is, with bidenflation the way it is, an awful lot of people aren't going to be able to afford all that extra coverage.
Well I just sent an email to my long-time insurance agent; I’m terribly curious to see what he says.
He’s pretty awake, good, God-Fearing, patriotic, gun owning American.
Will report back when I hear from him. Might ask a few others, as I really think this is quite the “coincidence”….
Exactly this - I agree completely.
I’m not an expert but I’m pretty sure that War is not a new thing. It has been around since the dawn of mankind.
Cyber liability and related cyber / internet issues have probably been a thing in insurance for at least 20 to 40 years. Insurance companies are not ones to drag their feet on making exclusions.
I also find it highly suspect and “coincidental” (there are no coincidences) that these specific exclusions are being released / made public simultaneously and at this point in time / history.
I think there’s smoke here….
I’m very curious to see if any other insurance companies have done / released anything remotely similar….
Keep us posted if you find anything similar, frens!!!
It would “normally” be fine if we were in “normal” times, but I think times the past several years have been anything but “normal”….
I think there’s something here, JMHO….
If the brownshirts come and kick your door in and shatter all your windows because you illegally shared a meme, we will not pay for repairs.
Notice they will continue to take your premium payments--even if you've been ID'd as having a poor social credit score--you only find out you're on the naughty list if you file a claim.
So if your house is destroyed as the result of war, then it's your loss. Tough Sheet!!!
On one occasion my claim was denied (tree fell on the house) on another occasion my rates doubled because the 'cost of labor on others' claims', so I dropped those companies. Oh how they stammered and pleaded when I told them I will not renew my policy with them. No point in paying for insurance if they wont cover when the need arises.
Prolly state farm kek. Never heard a good thing about em.
One thing about insurance: IF there is a chance the company will suffer definitive losses to the point of bankruptcy, they would want to limit the exposure. That is what insurance entails. After all there is one calculation that drives the business: premium paid/damages paid.
On a more abstract level, this may translate into future premiums (reward) against future damages (risk). This is a risk assessment.
What I find curious, is that I know of only one RISK MANAGER who spoke out against the vaxx. ......me. Because not taking the vaxx is one sure way to limit exposure to risk territory that is totally unknown, uncontrolled and potentially devastating to any insurer ....Not a peep was heard.
Since the game is continuing as it does, there is no much more clarity and solid ground to consider the premium vs risk in cases where clients have taken the vaxx ....
for instance: car insurance, travel insurance, life-insurance, health-insurance, whereas those who have not taken the vaxx, should actually be rewarded with a lower premium ... or better coverage. Instead, the tune played in the media was to punish those unvaxxed with higher premiums and lower coverage.
Apart from the premium vs damages discussion, there are some other ways for insurers to satisfy their shareholders and return a nice return on investment:
sell policies that are branded. The actual insurance is done somewhere else. This means the company you think is your insurer is nothing more than a paper pusher and living of the commission.
sell a policy that is in part or in whole re-insured. The beauty of this is, that should push come to shove, the insurance company has a backstop with another one, like Swiss Re.
limit exposure by expanding exclusions worded such that it leaves enough ambiguity to make the impression of coverage subject to interpretation by the insurance company.
step down the willingness to pay-out and drag payment c.q. decision to pay out over time.
Now comes the question: do you need insurance? Or rather, do you need insurance at this juncture in time?
There are two ways to mitigate risk:
We discussed number 1. Number 2 has several options:
Insurance came from international maritime trade, and is already very old. As far as we known, and have it on paper, at least 900 years. Pooling resources to cover a loss is not a bad idea. It serves both the insured as well as the investor/ guarantor.
The establishment of companies being a person is the fundamental problem in the system, as it has introduced moral hazard and psychopathic calculation with the lives and livelihoods of people. It also has totally subverted the meaning of rights, as companies now want to claim 1st amendment rights. And, given the 2007-2009 money crisis: has introduced a lack of accountability in playing casino.
I think there are more people in the insurance business who have personal concerns about the vax but my theory is they don't want to talk about it because how many cowardly CEOs made their employees take it under the guise of a mandate? The problem is, it ain't going away.
I just saw a notification that the medicaid policy in my state has been updated to address wartime vets. This happened yesterday I immediately said looks like we are preparing to go to war. Now this...
check me on this frens, what else was going on?
this went in wikipedia april of 2019. https://en.wikipedia.org/wiki/War_exclusion_clause
march of 2019 was a big hit on ISIL. https://en.wikipedia.org/wiki/2019_U.S._airstrike_in_Baghuz
No. That’s standard.
Cats we appreciate you scouring the web to find these tidbits — Thank you!
Cyber liability is more interesting than the war one. They put it last for such.
Cyber liability - automatically one will think cyber being hacked or shutdown. Which could be part of it. The more important part is what we call “Social Credit Score” — if they find posts that are not inline with their belief in you not having free speech… you will not be covered?
I figure they just don't want to pay when China hacks our critical infrastructure and shuts the grid down, then declares war on the US.
Seems fishy to me. Why would they send out an update that has two different fonts in the body of the message? I have had many insurance companies over the years, and I have never had a single one send out a generic form letter to "Policyholders". All communications were directed to me personally, and they also contained my policy number(s).
It's safe to say Act Of God is not covered either. An act of God is an uncontrollable event, such as tornadoes, floods, or tsunamis, not caused nor controlled by humans. My insurance policy does not cover earthquakes and floods. That is the only exclusion in my policy. But I can buy flood and earthquake insurance. Homeowners insurance also typically does not cover damage caused by an act of war. My insurance does not cover a fire if an act of war causes it. But that is the only exclusion. After September 11, "war and terrorism" exclusions that broadened the war portion of the exclusion beyond contractually assumed liability were quickly added to liability policies. This development widened the scope of the war exclusion clause, which is now considered standard, regardless of whether terrorism is insured or excluded in the policy. I would contact a reputable insurance company/Agent in your area and have them review your current insurance.
Seeing this in person. Home owner insurance exclusion for war
Why is the font different ? fake
Will “include” an “exclusion”. How about fuck you and your criminal legalese gymnastics.
They already don't include "acts of god" which is a blanket term to basically say "anything out of the ordinary", which is why we get insurance in the first place.
AKA: we will find a way not to cover your loss. The exclusions appear to be very telling of what they are planning.
Your disability policies have exclusions for acts of war built in- however when 9/11 hit they did pay out for fear of looking anti-American back then. Not sure how they would handle it now.
Odd. Reads like its about disinformation. But states its about War. Also. Why would they expect anyone to understand what that means. Complete mumbo jumbo.
Something wicked is being put into effect. Ohio and Florida, that I know of, are changing laws based on internet postings. Almost like a libility clause or an attempt to turn the first amendment against we the people. Check out what the lates what the hales video. Might be nothing but the judge explains the new law and jeremey explains what it means for us. Insurance cos are covering their asses from liabilities the government has secretly put forward against the people. More police state shit!
Insurance is a scam.
This all makes fucking sense now... my insurance company dropped me flat.
Sorry.... warranty doesn't cover, "fizzy"
I work in insurance. These exclusions are not new.
Unbelievable how far they are going now.
What type of insurance is this? Home? Auto?
Remember what WEF wants and said...
‘Catastrophic cyber event likely in next two years’: WEF Annual Meeting in Davos https://sociable.co/government-and-policy/catastrophic-cyber-event-likely-two-years-wef-meeting-davos/
A cyber-attack with COVID-like characteristics? https://www.weforum.org/videos/a-cyber-attack-with-covid-like-characteristics/
I can't speak for all insurance companies, but when our house burned down and we lost all that we owned, The Farm Bureau was solid gold. They made sure we had all we needed until the case was resolved in full. They get all of my insurance business.
So ...... no one picked up that there different fonts on this letter? Poor shoop!
Is this for Life Ins.??
I'm confused, don't get what this means exactly.
If your house is damaged by war (civil too) you will not have coverage
Thank you Very much. I got confused reading this, I'm still trying to join the living.
Need more Java!
No, haven't seen this yet, but at our annual lodge meeting, they did inform us that the rates went up. I got mine paid just before the rise in rates, but next year we'll see the increase.
What large?
Guess I didn't spell check very well. Lodge. And no, not masonic. I have RVOS insurance. It's farm/ranch insurance. The RVOS lodge members are the owners. So our premiums go to pay ourselves.
Masonic Large?
No, not them idiots. We're a better band of idiot! Lmao! It's a farm/ranch insurance company. The lodge members own the insurance company so if we have a claim, we basically pay ourselves. RVOS insurance. Sorry I didn't spell check. Damn phone autocorrects incorrectly