Quote:
Originally Posted by Winsor_Pilates
If the damage is below deductible, we wouldn't claim it so that question isn't applicable.
If the incident is large enough, we would claim & file.
We've never been denied a claim because we didn't report all the other smaller ones & there's nothing in our policy saying we have to report everything.
So to the point; the actual number of reported claims/reports isn't representative of the full number of incidents.
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We have always been encouraged by our insurance company and ABLE BC to report damage and property destruction. While we are obviously not filing insurance claims on all of it, when filing a claim we have been requested to provide previous police reports in regards to similar incidents.
This is pretty standard across the liquor industry in BC, going so far to have log books documenting even the smallest things like shop lifting of single cans. Maybe I am attributing what is common to my industry and assuming it's the same for others. I'm also attributing what would happen in BC to what would happen in Alberta.
This all being said, I would concede that not reporting will not lead to nullifying his insurance, the list he then summarized is no small amount of damage and is not something that would go unreported, unclaimed and univestigated. That's just a lot of damage getting into the close to hundreds of thousands.