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Old 10-29-2012
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Re: Halloween Hurricane

Quote:
Originally Posted by kjones View Post
I wonder if it will matter to insurance companies in terms of covering haul out expenses. Don't most policies have a clause that they will only cover haul out if hurricane/trop storm watch or warning has been issued for the area? If no official warning or watch is issued, could insurance companies hide behind that technicality to not reimburse those who haul?
I'm no expert, but I believe insurance companies are "old fashioned" enough that if it's a named storm, they are with it to the end.

Of course, for a few billion they may wish to modernize.
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