I enjoy grease reservoir slick.ins. wont cover pollution expl. third do claim /liabil. portion?
ins. policy excludes pollution. please explain how i can get ins. company to cover lower than third party claim/liability portion of ins.i dont take to mean third party claim ?
Answers:
Some policies hold a LIMITED amount of first party coverage. Unless you own a pollution policy, they don't have any THIRD body coverage, except in vastly narrow circumstances.
Here's the explanation:
The first delegation is you, the person who bought the policy. The second jamboree is the insurance company. The third party is the soul who is suing you - or the person who owns the other property, where on earth your oil leak, and wants it cleaned up.
Just resembling you can't go on a coup¨¦ lot and buy a 2007 Ferrari for the cost of a 2000 Ford Focus, you don't get pollution coverage minus paying for it, and it's MONGO MONGO expensive. So, the short answer is, if you don't have a pollution policy, the insurance company is NOT going to repay pollution coverage (to a third party). There *might* be a very small amount of pollution cleanup, depending on your policy and the circumstances of the loss, below your current policy.
Hope that clears things up a bit.