Obviously we would still have some form of insurance to cover the building for actual damage, fire etc but is anyone doing it for LL's insurance?
I had a stack of renewals come through last night that have risen considerable, so now into the tens of thousands a year in premiums and some of the things the used to pay out on have now vanished from the policy, so paying a lot more for less.
The most we have ever claimed in the last ten years is about $2000 in total so it would put us quite a way in front if we would have self insured.
Most of the damages that have been done have always been fobbed off by the insurer as fair wear and tear and poor housekeeping, never accidental damage, so we have always ended up paying for or doing repairs ourselves anyway.
I had a stack of renewals come through last night that have risen considerable, so now into the tens of thousands a year in premiums and some of the things the used to pay out on have now vanished from the policy, so paying a lot more for less.
The most we have ever claimed in the last ten years is about $2000 in total so it would put us quite a way in front if we would have self insured.
Most of the damages that have been done have always been fobbed off by the insurer as fair wear and tear and poor housekeeping, never accidental damage, so we have always ended up paying for or doing repairs ourselves anyway.