Monday, July 31, 2006

Insurance Companies Won't Pay Because Thieves are Too Good

Via Wired -

Last summer Emad Wassef walked out of a Target store in Orange County, California, to find a big space where his 2003 Lincoln Navigator had been. The 38-year-old truck driver and former reserve Los Angeles police officer did what anyone would do: He reported the theft to the cops and called his insurance company.

Two weeks later, the black SUV turned up near the Mexico border, minus its stereo, airbags, DVD player, and door panels. Wassef assumed he had a straightforward claim for around $25,000. His insurer, Chicago-based Unitrin Direct, disagreed.



So normal unlucky car owners get shafted by the insurance companies before the thieves were "too good"??


Are you serious?

It is a known fact that RFID system are breakable...so how can they do this?

The bad guys are basically using a digital lockpick. Would we get shafted the same if someone broken in our homes using a standard lockpick set??

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