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sn1p3r
01-24-09, 12:29 PM
For the first time ever I received a notice from my homeowner's insurance company about a program that rewards $5000 for information that leads to an arson conviction on a property that they insure. I suppose with more and more people upside down in their homes that this option has become more popular...

don
01-24-09, 12:52 PM
I wonder how this will play out when:

An underwater house burns down.

The cause is problematic.

The neighbor is also underwater.

5,000 bucks is on the table.

FRED
01-24-09, 12:58 PM
For the first time ever I received a notice from my homeowner's insurance company about a program that rewards $5000 for information that leads to an arson conviction on a property that they insure. I suppose with more and more people upside down in their homes that this option has become more popular...

See iTulip AntiSpin from 2006 (http://www.itulip.com/pasttopstories.htm): http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/advice/specialreports/torch.my.ride.arson.for.hire/burning.car.160.jpgTorch My Ride: Arson for Hire (http://www.edmunds.com/advice/specialreports/articles/115584/article.html)


Debt-weary SUV owners unload their gas-guzzlers on insurance companies
June 12, 2006 (Edmunds.com)

SUV owners who are faced with rising gas prices have found a new way to get out from under their high car payments — arson.

This trend was spotted by a Southern California arson task force in the summer of 2005 when gas prices spiked. At one point, firefighters responding to a report of a vehicle fire arrived at the Los Angeles River Bed to find two SUVs burning at the same time.

AntiSpin: Next: Houses.

flintlock
02-07-09, 07:53 AM
This happened recently in my home town. The woman's father built my previous home. The home had recently been taken off the market after failing to sell.

http://www.forsythnews.com/news/article/1699/