Old 17-10-2005, 08:16 PM   #1
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Default Insurance Scam - amusing

This story made me laugh;
A guy in North Carolina bought a load of really expensive cigars, and insured them for a pretty hefty sum against fire. He then proceeded to smoke the cigars, and claimed on his insurance that they had been destroyed in a series of small fires. The insurance company fought back, saying that they had been consumed in the expected manner, but as the guy had a certificate that insured them against fire in general, and not just certain types of fire, he won and settled for $14,000. The insurance company, being somewhat miffed about this, then proceeded to prosecute him for deliberately setting fire to insured items to claim on the insurance, using his own insurance certificates and all court documents from the previous case against him - they won and successfully sued him for $24,000!

Last edited by Magma; 17-10-2005 at 08:22 PM.
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Old 17-10-2005, 09:26 PM   #2
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Quote:
Originally Posted by Magma
This story made me laugh;
A guy in North Carolina bought a load of really expensive cigars, and insured them for a pretty hefty sum against fire. He then proceeded to smoke the cigars, and claimed on his insurance that they had been destroyed in a series of small fires. The insurance company fought back, saying that they had been consumed in the expected manner, but as the guy had a certificate that insured them against fire in general, and not just certain types of fire, he won and settled for $14,000. The insurance company, being somewhat miffed about this, then proceeded to prosecute him for deliberately setting fire to insured items to claim on the insurance, using his own insurance certificates and all court documents from the previous case against him - they won and successfully sued him for $24,000!


hahahahaha!!!

Brilliant!!
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Old 17-10-2005, 09:33 PM   #3
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how stupid was the company int he first place to insure cigars against fire?? pure genius!!
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Old 18-10-2005, 12:46 AM   #4
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HAHA thats great, bets that guys just kicking himself,
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Old 18-10-2005, 11:14 PM   #5
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fair play what a tit lol
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