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There was a case recently in NZ where home owner tried to defraud an insurance company. Well suddenly none of the insurance companies would work with him. Insur
by dzhiurgis 3y ago
There was a case recently in NZ where home owner tried to defraud an insurance company. Well suddenly none of the insurance companies would work with him. Insurance is a requirement for mortgage so this person is effectively going to loose his house.
False positive with similar circumstances would be a nightmare.
- lostemptations5 3y agoI'm curious-- have a link?
- dzhiurgis 3y agoSo this wasn't even fraud on his home insurance, but on car... https://www.rnz.co.nz/news/national/508570/auckland-anniversary-floods-man-loses-insurance-coverage-could-lose-home-over-false-claim https://www.rnz.co.nz/news/national/508570/auckland-annivers...
- lostlogin 3y agoHas anyone in NZ ever had a bank check if they are insured after purchase? They asked on signing the loan. But after that they never check.