A Charlotte, NC man having purchased a box of very rare, very expensive box of cigars, (24) insured them against ‘fire’ among other things.
With in a month after smoking almost the entire collection with out having even making his first payment on the policy, the man filed a claim against the insurance company.
In the claim the man stated that the cigars were lost in a series of ‘small fires’.
The insurance company refused to pay citing the obvious reason; that the man had consumed the cigars in the normal fashion.
The man sued, and won! In delivering the ruling the judge agreed that the claim was frivolous, he stated none the less that the man held a policy from the company in which it had warranted that the cigars were insurable and also agreed that it would insure against fire, without defining what is considered to be ‘unacceptable fire’ and was obligated to pay the claim.
Rather than endure a lengthy and costly appeal the insurance company accepted the ruling and paid the man $15,000.00 for the rare cigars he had lost in the fires.
After the man cashed the settlement check the insurance company had him arrested on 24 counts of arson!!!
With his own insurance claim and testimony from the previous case being used against him the man was convicted of intentionally burning his insured property and sentenced to 24 moths in jail and a $24,000.00 fine.
**It Happens
Member #: 163
Registered: 1996-2001
Posted:
678
Name:
Doug Cohen
Name:
Doug Cohen
Company:
Self
Occupation:
Constr/splicing/sweep/you name it.
Location:
New England
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