Insurance companies do not get rich paying out on claims
1
Whilst it is very simple to take out an insurance policy, it is quite a different thing making a claim. The initial response took about thirty seconds and was tough luck. The second response took almost a month with the exchange of many photographs and images of the cycle, its position and the many locks I had bought. The response again was tough luck.
If you think insurance will cover a claim following a theft, think again. Insurance companies do not get rich by paying out on claims.
Reviewed on: 24th February 2021
