Tesla Vandalism Is Terrorism
Tesla Vandalism Is Terrorism
8 comments
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https://www.congress.gov/crs-product/R47042
It would seem Insurance does actually cover acts of terrorism as long as they exceed $5million in damages, the amount Tesla has conveniently been claiming at each of their locations; with such claims partially or even fully subsidized by the federal government.
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The specifics of the current program are as follows: (1) a terrorist act must cause $5 million in insured losses to be certified for TRIA coverage, (2) the aggregate insured losses from certified acts of terrorism must be $200 million in a year for the government coverage to begin, and (3) an individual insurer must meet a deductible of 20% of its annual premiums for the government coverage to begin. Once these thresholds are met, the government covers 80% of insured losses due to terrorism
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That still excludes the people driving around in a swasticar
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If the Orange Turd officially state that it is domestic terrorism then does that now mean, if it is official, that anyone personally owning anything from Tesla is uninsured?
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No, the liability insurance would still be valid, but the insurance wouldn't pay out in the event of vandalism
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8 comments