Matters of insurance

[RaptorLawyer]

So any Melbournians would be aware of the hail storm that hit yesterday. Well in short, a section of of room came off and as a result the ONLY room in the house that got flooded was my games room  .

Anywho, Dad is overseas at the moment and cant get in contact with him so was wondering what exactly is covered in home and contents insurance. Im aware of that obviously policies differ in many ways but i would assume it would be a very nice policy he has invested in.

At the moment we are unsure of the damage to the machine outside of the obvious water damage as i have not turned anything on until it all dries off, but if machines suffer weather damage and such is that generally covered in insurance?

Thanks guys,

Steve

[pinnies4me]

Insurance - in truth at law, legalised gambling! Different policies have different exclusions and inclusions. You would think that your games would come under the normal contents cover, so it will then depend if the policy covers water entry damage as occurred here, and then if the cover is sufficient based on the total insured. Some people list their games and other valuables as specified items on their policies for better protection.

[FirePower]

If I were in your shoes I'd ring the insurance co that you are with pretending to be a new client contemplating talking out insurance with them and ask if they'd cover a pin and what you'd have to do to achieve this. Ask them to highlight the sections and wording in the policy that would be relevant, get as much info as you can while they think you are a potential client.

You're then in the best position from the point of view of information to make a claim.

On the pin itself I wonder if you got to it fairly quickly and it didn't sit around wet for too long, it might be ok after drying out?  I hope so for your sake. 

[Pop Bumper Pete]

You will find that the contents are insured up to a certain value
The companies would feel that every house has a content value as a percentage of house value

I would imagine that one pinball machine would be covered, 20 games, probably not
If you wanted coverage for a larger collection then it should have been mentioned when the insurance was taken out

[ddstoys]

Im not 100% sure but i made sure i listed my games. Surely one would be covered though 

[pinnies4me]

Im not 100% sure but i made sure i listed my games. Surely one would be covered though 

You'd think one would be OK.