>> Sure, they're legally obliged to pay out. But if you've just lost your
>> house and you are now penniless... what are you going to do? Sue them?
>> Oh, wait, you have no money. :-P
> 
> If they don't pay out, you take it (in the US) to the district attorney 
> and let the state prosecute it.

I have no idea if that works in the UK.

>>> If they never paid out, then people wouldn't buy insurance.
>> Maybe I'm just bitter. I paid £900 for a moped. When it was stolen, they
>> gave me £25. Later I paid $1,200 for a car. When it was crashed, they
>> gave me £75. I mean, seriously, it was *so* worth paying £700 per year
>> in insurance premiums for that.
> 
> It seems that you didn't have very good coverage.

Apparently.

> I live not far from a very large fault line, and we're late for "the big 
> one" (earthquake) by about 20 years.  Earthquake insurance is a required 
> part of our policy, and if it does hit, the company will take care of 
> things for us.

...unless the company gets liquidated. ;-) (What? How many banks have 
been liquidated recently?)

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*

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