heya guys
just wanted to fire a quick question.
this thursday night will be my last with you fellas as the next day i am starting a very long ride down to christchurch where im moving too. wanted to know if anyone would care to join me for part of the trip? will be leaving whakatane around 7am on friday morning. cheers.
When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car.
"Four wheels move the body, two wheels move the soul"
Life is too short for traffic. ~Dan Bellack
Hi mate,
Not been doing much riding lately (anyone wanna buy my GPZ?) but I can offer some advice here hopefully.
Generally, most insurance policies exclude what they call gradual damage (been happening for a while rather than a sudden flood - with water it means there's rot and/or mould happening), but offer as an extension cover of up to a set amount if it's a hidden supply pipe or waste pipe - the catch is most insurers say that you have to own and occupy the house.
AMI DO cover tenanted properties by the look of things, but have an inherent defect clause, as do all insurers. In my view however, AMI translate their wording incorrectly, in that they exclude all damage as a result of the defect, where 99% of insurers would only exclude the cause and pay for the resultant damage. This means that other insurers wouldn't pay to fix the pipe but would pay the rest.
Still with me? If AMI were to apply the same reasoning to all their claims they would hardly ever pay out (perhaps they don't...) as most claims are a result of a defect of some sort (your washing machine pipe bursts / TV catches fire / floor is slippery when polished and you slip, breaking your glasses etc etc).
I would challenge the person you are dealing with at AMI. The intention of the policy is not to exclude the resultant damage, the lady sitting at the desk may not completely understand matters. Push it further I say.
If you change insurers, make sure you get a policy that covers gradual damage at a tenanted property and they know that it's tenanted. NZI offer it, State don't (although they are the same company). Others do too.
Feel free to ask any more, in PM if ya like.
Sorry for boring anyone else!
Matt
Add:
Just took a look at their policy, it specifies "any fault or inherent or existing defect in the construction of your house or the materials used, or any error or omission in the design of your house"
This would be to get around any leaky home type claim. What makes you think that the installation was wrong from the start, and if so has it been leaking since new? If not you could say it wasn't inherent as it wasn't leaking from the start, or at least you were unaware of it and it passed Council sign off when constructed so it met code.
I still think you have good grounds to push matters ....
Last edited by Matt_TG; 25th August 2009 at 22:45. Reason: Additional info
Seriously... Good reply Matt![]()
Ta.
Didn't want to up the standards too much so please resume normal shit talk asap!
ah gutted. no one wants to come out and play
oh well. not much i can do.
maybe i can 'convince' a few of you on thursday night?![]()
When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car.
"Four wheels move the body, two wheels move the soul"
Life is too short for traffic. ~Dan Bellack
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