The assured argued that "contaminate" meant introducing foreign substance thus effectively creating a different substance. It conceded, however, that a product is also referred to as contaminated when the foreign substance merely injures its usefulness without affecting the original physical characteristics. It was argued that this created an ambiguity and therefore the policy should be read in favour of the assured. However,...more
Some, but by no means all, ARPI policies contain a clause excluding spontaneous combustion, namely a fire brought about by the conditions produced within the substance itself. The key element to spontaneous combustion is the creation of a fire without obvious external factors. Therefore, there have been doubts as to whether or not an insurance policy would cover such a loss, even if it was not specifically excluded. In other words,...more
If you are like many people, you are probably interested in making sure that you are saving as much money as possible. The more money you save, the more money you will have for other things that are of importance. For those who really want to make sure that they are doing their best to get the cheapest price available, research is needed. This is research that you are going to have to do yourself. After all, many insurance companies will have no problem advertising themselves as having the best rates possible, but that is generally not the case. You want to research the different policies and see what the rates are. You have to find the correct policy for your needs and then find which company offers that policy at the cheapest price.Of course, price comparison, while it is important, it is not the only thing you will want to do. You want to make sure that the company you are going with is a company that you will be able to count on when you need them the most. There have been people who discovered that their insurance company was anything but trustworthy when they went to submit a claim and they were not able to get the funds that they were entitled to. This is not something that...more
When shopping for insurance cover for your motorhome, you will want to make sure that you are looking at a variety of factors and not just the price tag on it. That is a mistake that too many people make. They assume that the price is a good indicator of the quality of service that they will get. However, while this may work out in some rare cases,...more
Believe it or not, there are a lot of people out there who feel that insurance cover for their motorhome is simply not needed or that it is a complete waste of money. It can be easy to see how some may fall into that line of thinking, especially if they are only using the vehicle on the rarest of occasions. Still though, it is important to make...more
Even though to some people their motorhome is not something that is used enough for insurance, it is something that it should always have. Every time that vehicle leaves your drive, it must be correctly covered in order to be safe and it's against the law to drive without insurance cover. You just never know when something is going to happen and it may or may not be your fault. Sure, maybe you have never been the cause of an accident in your entire driving career, but that does not mean that it can never happen.The best thing you can do for yourself personally and financially is to make sure that you have the right amount of cover for your motor-home. Since you never know just how often you will use the vehicle in a given year, it is important to assume that you will use it often. This will help ensure that you are getting the right amount of cover and no less. Without enough insurance cover, you could very well find yourself paying a lot of money out of pocket should an accident take place. Some people have even lost their homes and cars because they caused an accident and did not have the proper cover to handle the expense that they created for other people.Still, you might think...more
There is a degree of overlap again between riot, civil commotion and terrorism, but terrorism is considered separately in that, again, it has a somewhat different history of coverage under All Risk Property Insurance (ARPI) policies....more
A dramatic change in the market took place following the massive explosion that had occurred in St Mary Axe in 1992 resulting in damage to the Commercial Union building and other buildings in the City. At the end of 1992 the reinsurance...more
The Chambers Concise Twentieth Century Dictionary defines terrorism as "an organised system of intimidation especially for political ends". Lastly, the Concise Oxford Dictionary describes a terrorist as "a person who uses or favours...more
Without such public declarations, the identity of the target may be an indication of whether the motive is specific or whether it has political motivation—is the intention to influence the individual or the government? If, for...more
When purchasing commercial vehicle insurance there are many different options to choose from, do you need breakdown insurance, towing insurance or windscreen insurance? These different commercial van insurance extras will affect how much you pay for...more
With so many insurance companies in the United States today, choosing the one that suits best your needs can be a puzzling decision to make. So once you have decided to buy an insurance policy, how do know if the insurance provider is the right one....more