Depends on if the contract is "Inclusionary" or "Exclusionary".
On an inclusionary contract, something has to be specifically listed to be covered. An exclusionary is the opposite. If something isn't specifically listed as excluded from coverage, it's considered to be covered.
It all gets down to the fine print.
Say a tree falls over and lands on a car. If a storm blows it over, it's an act of God. If you sawed it down and it fell in the wrong direction, it's man made. It then gets down to the wording of the contract as to acts of God versus man made. I've even seen contracts that exclude acts of God and simply insure against man made screwups.
It can open a real can of worms, and sometimes come down to the insurance company's own interpretation of the contract. They'll even weigh the cost of the loss against the chances of the insured bearing the cost of a lawsuit against bearing the loss.
I was once in a parking lot fender bender. I had witnesses willing to state the other party was dialing a cell phone and drove into me. The other party had good old State Farm insurance. The State Farm adjuster told me with a straight face that since we couldn't prove who was actually at fault we'd each have to bear our own repairs. She knew darned well that I'd pay my $100 deductible and let my insurance company pay for the damage to my car instead of taking State Farm to court for $700.
As has been said, it all gets down to the wording of the contract. There's no "one size fits all".
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
