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Kahrg t1_j25pgil wrote

Ransomware insurance is a specific type of insurance.

This ruling actually makes sense, they tried to take a policy that didnt cover something... to make it cover something.

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clickwir t1_j26w042 wrote

Sounds more like insurance companies trying to weasel out of it. Creating specific policies for every little thing is just a way for the insurance companies to not pay while making more money.

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Mysterious_Nerve9433 t1_j28dt29 wrote

You buy flood insurance. Later on, you left the bath tub running and your overflow wasn't working properly and water runs over the tub and all over your house for a few hours.

Flood insurance is going to deny your claim here.

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Ok_Ruin4016 t1_j29opu0 wrote

Because flood insurance is usually a catastrophe policy that is sold or subsidized by the Federal Government for flood water damage caused specifically by a natural disaster and causing massive damage to a large area and many residents. It's not meant to cover your overflowing bathroom

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