ECN Electrical Forum - Discussion Forums for Electricians, Inspectors and Related Professionals
ECN Shout Chat
Shout Box
Recent Posts
High current GFI vs regular GFCI
by gfretwell. 11/16/18 01:45 AM
This anti-theist is priceless!!!
by djk. 11/14/18 07:19 AM
Single phase and what you call it.
by dsk. 11/12/18 11:10 AM
220/230/240V 60Hz Systems
by Albert. 11/07/18 12:48 AM
New in the Gallery:
What is this for?
Plug terminals
Who's Online Now
0 registered members (), 19 guests, and 28 spiders.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
Do Insurance Companies always pay? #728
03/03/01 03:12 PM
03/03/01 03:12 PM
Bill Addiss  Offline OP
Member
Joined: Oct 2000
Posts: 3,903
NY, USA
Did anyone ever see the old 'All in the Family' episode when Archie puts a penny in the fuse box and it starts a fire?
His Insurance company refused to pay because he did something wrong. Has anyone ever heard of this actually happening to a Homeowner? or anyone else?

Bill

Work Gear for Electricians and the Trades
Re: Do Insurance Companies always pay? #729
03/04/01 06:04 PM
03/04/01 06:04 PM
S
sparky  Offline
Member
Joined: Oct 2000
Posts: 5,371
Insurance companies probably started the original Darwinian Awards list,i'll wager that they simply figure all the "Meatheads" in
[Linked Image]

Re: Do Insurance Companies always pay? #730
03/04/01 06:38 PM
03/04/01 06:38 PM
Bill Addiss  Offline OP
Member
Joined: Oct 2000
Posts: 3,903
NY, USA
If, say they didn't always pay off, how do you think it would affect things and the Electrical Trade in general?

Bill

Re: Do Insurance Companies always pay? #731
03/04/01 08:13 PM
03/04/01 08:13 PM
S
sparky  Offline
Member
Joined: Oct 2000
Posts: 5,371
I would imagine the electrical trade to be more scrutinized, or maybe some basic homeowner awareness programs. The problem of introducing anything of a preventive measure is in it's payback. That's how the insurance industry thinks. The percentage of meatheads would need to be a financial burden, a loosing proposition for this to happen. Maybe the number of homeless Archie's and Edith's denied their claims would have to overrun shelters ( picture Gloria wailing away here) and become somewhat notable in the public eye.
Confronted with this, maybe more insurance inspections would take place ( and the obvious rate increase to do so).
The trade is already seeing inspections from various sources, not all of which may be as savey as a bona-fide NEC inspector , but at least they can recognize a meathead fuse
[Linked Image]

PS,
the last meathead fuses i saw were 2 pieces of copper pipe that had replaced 60A cartdige fuses... [Linked Image]

Re: Do Insurance Companies always pay? #732
03/04/01 09:33 PM
03/04/01 09:33 PM
Bill Addiss  Offline OP
Member
Joined: Oct 2000
Posts: 3,903
NY, USA
I would think that Premiums should fall because we're already paying for all the "Meatheads'" mistakes. (By the way, I think that Meathead knew better than to do what Archie did) I would think that there would be less DIY Electrical work or hiring of uncredentialed contractors, but past that there's probably some other repercussions I'm not thinking of, Right?

Bill

Re: Do Insurance Companies always pay? #733
03/04/01 10:24 PM
03/04/01 10:24 PM
sparky66wv  Offline
Member
Joined: Nov 2000
Posts: 2,236
West Virginia
It would be nice if underwriters would offer incentives in lower premiums to those who have chosen to rewire their homes, rather than penalize after the fact. Preventive is the key here...

I'm assuming here that the homes in question need electrical attention, say anything 20 years or older being subject to inspection, and offering incentives to repair anything amiss.


-Virgil
Residential/Commercial Inspector
5 Star Inspections
Member IAEI
Re: Do Insurance Companies always pay? #734
03/05/01 05:40 PM
03/05/01 05:40 PM
S
sparky  Offline
Member
Joined: Oct 2000
Posts: 5,371
That is a nice thought, incentives for simple thinks like a smoke detector.

[Linked Image]

Re: Do Insurance Companies always pay? #735
03/05/01 07:21 PM
03/05/01 07:21 PM
Bill Addiss  Offline OP
Member
Joined: Oct 2000
Posts: 3,903
NY, USA
When you think about it, don't Auto Insurance Companies give discounts for Alarms? and for courses of instruction, safe driver discounts? What do you think?

Bill

Re: Do Insurance Companies always pay? #736
03/05/01 08:09 PM
03/05/01 08:09 PM
S
sparky  Offline
Member
Joined: Oct 2000
Posts: 5,371
Sure it'd be a good idea,i wonder if the corporate powers that be in the insurance world have ever considered our trade as an asset.

......the detector sounds off, Edith jumps up from her chair, and Archie calls her a dingbat as she comes out of the kitchen with a burnt roast........


maybe they should watch some reruns...


[Linked Image]


Featured:

2017 Master Electrician Exam Preparation Combos
2017 NEC Electrician
Exam Prep Combos:
Master / Journeyman

 

Member Spotlight
AllClear
AllClear
Belmond Iowa US
Posts: 44
Joined: August 2005
Show All Member Profiles 
Top Posters(30 Days)
Admin 8
dsk 2
Popular Topics(Views)
251,505 Are you busy
188,681 Re: Forum
178,384 Need opinion
Powered by UBB.threads™ PHP Forum Software 7.6.1
(Release build 20180101)
Page Time: 0.020s Queries: 14 (0.004s) Memory: 1.0032 MB (Peak: 1.1695 MB) Zlib enabled. Server Time: 2018-11-16 09:56:55 UTC