Re: THINK ABOUT THIS

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Posted by Keith (216.222.46.178) on May 30, 2003 at 12:06:46:

In Reply to: THINK ABOUT THIS posted by Ken Young on May 29, 2003 at 01:42:45:

This situation is NOT covered by business interruption insurance.

Here's a general link for reading KY posts-- http://www.lamer.net/smartchart.jpg

: A couple of days last week and a couple of days this week the City of Corpus Christi, Texas, a City of nearing 300.000 inhabitants has been suffering with either leaking and/or broken water lines but they are in the process of being repaird.

: The water pressure has been so low, for the past couple of days schools have closed and some businesses have shut down due to the lack of sanitary conveniences.

: One company is doing a landslide of business though, and that is the portable johnny business.

: So here is the insurance scenario. Let's see if the P&C agents and the Adjuster viewers of this board have the solution to the problem.

: Let's say I own a string of car wash driveins. Quite naturally my business is out of business due to the low pressure water.

: I am losing $500 a day in lost revenue. Was there anything I could have done about that?

: I have the answer, do you? I'll post the answer in the morning if nobody knows if there is one that is correct.

: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

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Subject: Re: Re: THINK ABOUT THIS

Comments:
: This situation is NOT covered by business interruption insurance. : Here's a general link for reading KY posts-- http://www.lamer.net/smartchart.jpg : : : A couple of days last week and a couple of days this week the City of Corpus Christi, Texas, a City of nearing 300.000 inhabitants has been suffering with either leaking and/or broken water lines but they are in the process of being repaird. : : The water pressure has been so low, for the past couple of days schools have closed and some businesses have shut down due to the lack of sanitary conveniences. : : One company is doing a landslide of business though, and that is the portable johnny business. : : So here is the insurance scenario. Let's see if the P&C agents and the Adjuster viewers of this board have the solution to the problem. : : Let's say I own a string of car wash driveins. Quite naturally my business is out of business due to the low pressure water. : : I am losing $500 a day in lost revenue. Was there anything I could have done about that? : : I have the answer, do you? I'll post the answer in the morning if nobody knows if there is one that is correct. : : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

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