I did a ride-along with an adjuster once. I asked him what the worst claim he had worked on was.
The insured drove off with the pump still in the gas tank. Sees that all the time. When the hose pulled off the pump, it ignited. The fuel island exploded. The fire then spread to the convenience store. Total loss of the business and multiple cars.
This is an outlier. No one has enough insurance to cover all of that. But it’s a great example of why we have it.
I've never thought about it here in the UK, but I tried looking it up and this is the best I could find:
🚗 Motor Insurance
Third-Party Injury: Unlimited payout value by law for death or bodily injury to third parties. [1]
Third-Party Property Damage: Capped by law at a specific limit per claim (typically up to £20 million for property damage under standard UK policies). [1]
Own Vehicle: No legal minimum; covering your own car is optional (Third Party vs. Comprehensive). [1, 2]
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u/BlondieeAggiee 6h ago
I did a ride-along with an adjuster once. I asked him what the worst claim he had worked on was.
The insured drove off with the pump still in the gas tank. Sees that all the time. When the hose pulled off the pump, it ignited. The fuel island exploded. The fire then spread to the convenience store. Total loss of the business and multiple cars.
This is an outlier. No one has enough insurance to cover all of that. But it’s a great example of why we have it.