Fisker Sues Insurance Company Over the 338 Drowned Karmas
Their insurance policy should completely cover the damages, yet the XL Group PLC has refused to pay. Now, Fisker has sued the company, in order to recover their loss, plus an additional sum for what they consider a breach of contract.
Fisker is not the only automaker which lost a lot when Sandy struck, and the ‘casualties’ over in camp Toyota range in the thousands. So far, however, Fisker seems to be the only automaker involved in the sitaution, which has reported a problem with the insurance.
A total of over 10,000 cars were destroyed in the New Jersey port alone, while losses throughout the rest of the East coast were also extremely high.
Story via worldcarfans.com