Raznor's Rants

Costarring Raznor's reality-based friends!

Thursday, February 27, 2003

Wow, we were sure lucky to survive that thermonuclear blast, now let's get the insurance

August has the most bizarre story of the night:

State Farm, the nation's largest auto and residential insurer, recently began mailing its California customers renewal notices explaining that it doesn't cover auto losses stemming from nuclear attacks.

Company spokesman Rudy Rodriguez said he didn't know why the clarification was being issued now, other than "to make sure we let our customers know what is covered and what is not."

Previously, State Farm's auto policies only said damage caused by "acts of war" were ineligible for coverage. Its homeowner's insurance already carried a nuclear-specific exclusion, an exemption that has been standard for most liability companies since the Cold War.

Such clauses were designed to release insurers from the responsibility -- and the cost -- of rebuilding whole towns, said P.J. Crowley, a vice president for the New York-based Insurance Information Institute.

Article here. Excuse me, my brain is trying to escape through my ears.

Oh and that whole practical joke/experiment turned out to be much less eventful than I had hoped. I'll get into it later. Now I have work.

Thank you caffeine.

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