I have some practical concerns and questions about insurance:
1. What kind of reserves and re-insurance does Regent (and any other insurers who insure property in Belize) have? Given that there is a lot more nationwide damage than originally believed (due to the recent flooding) as well as huge losses to the Cayes, are individual property owners at risk that there will simply be insufficient reserves to cover the losses? Is there a danger that these insurers may file bankruptcy? Should we be concerned about a race-to-file re insurance claims?
2. What is the best way for those of us who may or may not have damage in excess of our deductibles to proceed, given that we may not actually know the damage (since we are not there to see it) and haven't been able to touch base with anyone who does? Should we attempt to file incomplete-info claims by simply faxing Regent (or whoever we are insured by) and advising them of our policy number, that we have an known amount of damage caused by Keith, and would like to start the claims process? (I checked my policy and it does not have instructions on filing claim forms...)
3. CLAIM FORMS: Do these companies require specific claim forms? Does anyone have a generic copy of such a form for Regent or the other insurers? If so, it would be great to ask Marty to post it onto the net as an image so that it can be downloaded. Most of us can open TIFF and PDF files. Also, if you send me a TIFF file, I can also scan it onto PDF (I have the full PDF program) and send to Marty for posting as a PDF file which everybody who has a web browser should be able to open (Adobe offers the PDF reader as a free download).
no problem there. i'll post whatever we need if you can get em to me.
[This message has been edited by Marty (edited 10-07-2000).]
Susan Guberman-Garcia, Attorney at Law. Phone: 510-792-2639
Fax/Voicemail:: 510-405-2016 Email: email@example.com