State Farm Insurance won't cover Nuclear damage to autos

[SatMedic]

BLOOMINGTON, Ill. (Feb. 27) - State Farm, the nation's largest auto and residential insurer, is changing its car insurance policies to clearly exclude claims stemming from nuclear explosions or radioactive fallout.

The Bloomington-based insurer is mailing notices to 40 million auto policyholders that says nuclear blasts or radioactive damage are not normal road hazards, whether the incidents are accidental or intentional.

State Farm spokesman Joe Johnson said the company reviewed policies in the wake of heightened awareness over terrorism and realized there was no specific language regarding nuclear-related claims.

``Basically, a nuclear event is the type of situation that could threaten an insurance company's solvency,'' Johnson said.

Most insurers' auto and homeowners policies contain a similar exclusion, said Loretta Worters, spokeswoman for the Insurance Information Institute. State Farm already excludes nuclear-related claims in its homeowners policies.

The nuclear exclusion will be added to automobile policies up for renewal beginning Dec. 1, and should be included in all State Farm auto policies by June 1, 2004, Johnson said.

Notices are being mailed to auto policyholders in states that have approved the exclusion, State Farm spokesman ---- Luedke said. The company is still awaiting approval from insurance regulators in eight to 10 states, he said.

State Farm paid out $20.3 million in auto, fire and life insurance claims stemming from the Sept. 11 terrorist attacks, Johnson said. The company's biggest previous payout was $3.7 billion for Hurricane Andrew.


I wonder if they factored in the fact that policy holders could give a rat's as* if their car is insured if they live through a nuclear blast. :R And if they don't live, who's gonna file the claim?

[PackerBacker]

LMAO, yeah read the fine print in any insurance policy, health, life whatever. They all have disclosures covering their butts in case of thermonuclear explosion.

[ELECTRONIC1]

Pretty soon they will find a way to stop covering collisions too.

[Endeavor]

I'm sorry the damage incurred to your vehicle during the time of your impact with another moving and or stationary object is no longer covered. We here at State Farm have investigated this subject thoroughly and have concluded that the act of two masses trying to occupy the same space is against the natural laws of physics. We do not cover acts of nature anymore. We apologize for any inconvenience that this may have caused...



Sincerely
Your local friendly State Farm agent...

[phoztech]

you left out a few things in that letter...

Originally posted by Endeavor
I'm sorry the damage incurred to your vehicle during the time of your impact with another moving and or stationary object is no longer covered. We here at State Farm have investigated this subject thoroughly and have concluded that the act of two masses trying to occupy the same space is against the natural laws of physics. We do not cover acts of nature anymore. We apologize for any inconvenience that this may have caused...

Sincerely
Your local friendly State Farm agent...

it should read:

I'm sorry the damage incurred to your vehicle during the time of your impact with another moving and or stationary object is no longer covered. We here at State Farm have investigated this subject thoroughly and have concluded that the act of two masses trying to occupy the same space is against the natural laws of physics. We do not cover acts of nature, man, god or other anymore. Furthermore we would like to take this time to inform you that you now are considered to have a reckless driving record and that your rates will be increased this change is retro active for the last ten years and thus there is a balance on your account of 35,000 dollars(5,000 in payments and 30,000 in late fees), if you would please mail or call us and we can arrange payment.

also our records show that you are late on the last ten years of payments we have notified the credit bureaus and collection agencies since your payments are ten years late. you may want to enroll in our credit protection program, 49.95 a month, this would have helped you if you were late or were not able to make the payments, we just started this program last month. this program covers all your payments for up to 6 months, $53.00 per month limitation applies.There is a $75.00 annual fee associated with this program that we bill in 20 year increments.

We apologize for any inconvenience that this may have caused.

Sincerely
Your local friendly State Farm agent...

[eeprom7777]

Originally posted by SatMedic
...
The Bloomington-based insurer is mailing notices to 40 million auto policyholders that says nuclear blasts or radioactive damage are not normal road hazards, whether the incidents are accidental or intentional.Wow, that has to be one of the stupidest sentences I've ever read! Wow, what a suprise coming from such a fine co. (NOT!!!)

Let's see, I guess thier main intention is to NOT cover anything that may of happened by ACCIDeNT, or INTENTIONally, BUT NOT NORMALLY!!!

Oh, that was an accident? Sorry, we don't cover accidents.
Did someone intentionally do that? Sorry, we don't cover intentional acts. Was this normal? Sorry, we don't cover abnormal events :(

I think they've got it nailed now. They shouldn't ever have to pay another claim ... (unless of course, it wan't an accident or intentional, and may have just been some normal thing...wait a minute!

[eeprom7777]

Wow, 40 Million X Postage X envelopes X paper X stuffing X all the people involved !!!

Small price to pay for them to be able to insight fear of nuclear event in 40 million customers!

Man, they ARE THERE for ya arn't they?!

They must have recently grown to the STUPIDEST company on the planet and I missed it or something! (what channel is that on..?)

[elk32170]

Originally posted by Endeavor
I'm sorry the damage incurred to your vehicle during the time of your impact with another moving and or stationary object is no longer covered. We here at State Farm have investigated this subject thoroughly and have concluded that the act of two masses trying to occupy the same space is against the natural laws of physics. We do not cover acts of nature anymore. We apologize for any inconvenience that this may have caused...

ROFL! Excellent post, Endeavor! :D

[eeprom7777]

That was, damn good! Meant to say that myself Endeavor.

[Dean_M_Love]

...."like a good neighbour"....