I don't know how business insurance works, but typically if your house is insured and it burns down, you need to rebuild to get the maximum payout.
Obviously, the intent is to discourage people from burning down a house that they cannot sell........
Depends how you insurance is worded, if you get 75% of the value if you don't rebuild but you have your inventory and equipment valuations overstated and insured at 35 - 40 % above actual value then you take the cash and it's a walk. If your insurer doesn't send in an independent auditor annually to do an inventory valuation then it's really easy to do.
__________________
The problem we have today is that the people who work for a living are outnumbered by the people who vote for a living.
We were all born ignorant but one must work very hard to remain that way.
Well Crap! i really liked those bullets. especially the 6.5 160 gr bullets
__________________
"This year will go down in history. For the first time, a civilized nation has full gun registration. Our streets will be safer, our police more efficient, and the world will follow our lead into the future!" 1935-Adolf Hitler
Woodleigh Bullets burns down
Hybrid Mode
