Now That's Insurance Service

Many individuals complain about insurance.  Complaints can range over the premiums required to be paid for the insurance, the hassle of filing claims, to the increase in premiums which can result from the filing of a claim.

I’ve had fairly few dealings with insurance companies, other than paying my premiums, but in the few instances where I did need to file a claim, the insurers who provided my coverage performed their contractural obligations for the most part hassle free.

Typically, insurers only step in after a loss, but AIG Private Client Group, takes a more “proactive” approach to protecting their clients’ assets, which I must admire, and is illustrated by the following.

A private fire crew dispatched by a national insurance company that caters to wealthy clients is guarding 22 high-end homes threatened by the Castle Rock Fire, a blaze that has forced the evacuation of hundreds of million-dollar homes west of Ketchum.

The crew will protect only homes insured by AIG Private Client Group, an insurance company that offers “loss-prevention services” to its wealthiest customers.

Of course, the fact that AIG is only protecting their clients homes will ruffle a few feathers (see some of the comments at The Obscure Store link), but those covered by AIG’s policies are paying for that proactive coverage through higher premiums, so the ruffled feathered few should simply be ignored.

Saving million-dollar homes

Via The Obscure Tree.

Posted by on 08/24 at 04:57 AM

  1. Some early fire-fighting organizations in this country operated on exactly this premise. Municipal fire battalions are a somewhat more recent development.

    In this situation, the presence of additional fire fighters in the area should allow reallocation of remaining resources, hopefully making everyone better off.

    Posted by triticale  on  08/27  at  06:30 PM

Name:

Email:

Location:

URL:

Smileys

Remember my personal information

Notify me of follow-up comments?

Submit the word you see below:


Next entry: Denver

Previous entry: Electrifying!

<< Back to main