Riots and damage compensation

[Harry Bloomfield]

I've been wondering about who would face the eventual bill, for all of this damage, to private property, so I did a bit of research, and - we all pay.

If insured, the insureco, can claim from the police. If not insured, the police pay anyway. We of course, fund the police, so the cost comes out of the public purse.

Riot Compensation Act 2016

An Act to repeal the Riot (Damages) Act 1886 and make provision about types of claims, procedures, decision-making and limits on awards payable in relation to a new compensation scheme for property damaged, destroyed or stolen in the course of riots.

www.legislation.gov.uk

 

[carmanmemoranda]

Surprised ?

 

[Mrs Ten Names]

I've been wondering about who would face the eventual bill, for all of this damage, to private property, so I did a bit of research, and - we all pay.

If insured, the insureco, can claim from the police. If not insured, the police pay anyway. We of course, fund the police, so the cost comes out of the public purse.

Riot Compensation Act 2016

An Act to repeal the Riot (Damages) Act 1886 and make provision about types of claims, procedures, decision-making and limits on awards payable in relation to a new compensation scheme for property damaged, destroyed or stolen in the course of riots.

www.legislation.gov.uk

Not exactly correct. Large corporations, local authorities, water boards, etc are not obliged to have insurance because they are considered to have sufficient funding to meet any claims.
So their buildings and property, etc may not be insured. They have to withstand the loss.

 

[Mottie]

Large corporations, local authorities, water boards, etc are not obliged to have insurance

Depends on what type of insurance are you talking about.

 

[Mottie]

Not exactly correct. Large corporations, local authorities, water boards, etc are not obliged to have insurance because they are considered to have sufficient funding to meet any claims.
So their buildings and property, etc may not be insured. They have to withstand the loss.

Not in the case of riots.

 

[Mrs Ten Names]

Depends on what type of insurance are you talking about.

Buildings and 3rd party claims.
Contents wouldn't be covered if the buildings and 3rd party claims are not covered.

 

[Mrs Ten Names]

Not in the case of riots.

Riots would probably be considered as an act of God, or some such similar phrase anyway, by the insurance companies.
So the claim would need to be submitted by the affected party, not the insurance.

I wonder how many people know that the compensation scheme exists.

 

[Mottie]

Buildings and 3rd party claims.
Contents wouldn't be covered if the buildings and 3rd party claims are not covered.

Wrong.

 

[Mottie]

Riots would probably be considered as an act of God, or some such similar phrase anyway.

Wrong

 

[Mrs Ten Names]

Wrong

You might be right.
The last time I looked at such policies, acts of God, war, riots, etc were excluded.
If the riots are assigned a label of terrorism, they wouldn't be covered by insurance policies.

Ex-police chief likens riots to terrorism​

Ex-police chief likens riots to terrorism

Neil Basu says the current wave of violence has been triggered by “lies spread through social media".

www.bbc.com

 

[Mottie]

You might be right.
The last time I looked at such policies, acts of God, war, riots, etc were excluded.

But you said there were no policies. No insurance means no exclusions. We’re not talking of acts of god or war, are we. Just riots.

 

[Mrs Ten Names]

But you said there were no policies. No insurance means no exclusions. We’re not talking of acts of god or war, are we. Just riots.

You might be right.
The last time I looked at such policies, acts of God, war, riots, etc were excluded.
If the riots are assigned a label of terrorism, they wouldn't be covered by insurance policies.

Ex-police chief likens riots to terrorism

Neil Basu says the current wave of violence has been triggered by “lies spread through social media".

www.bbc.com

 

[Mottie]

But you are not not talking about insurance policies are you?

Large corporations, local authorities, water boards, etc are not obliged to have insurance

 

[Mrs Ten Names]

But you are not not talking about insurance policies are you?

That comment still stands.
Large corporations, such as local authorities, etc are not required to have insurance.
I can't see local authorities, water boards, government organisations, etc making claims against the police. Can you?

In addition, a small change of the description of the disturbance could render the insurance null.

The Act only applies to a riot and doesn’t apply to damage caused by civil commotion, strikes or political disturbances, which are covered as standard under most household and business insurance policies.

https://www.abi.org.uk/globalassets/sitecore/files/documents/publications/public/migrated/riots/recovering-after-riots-abi-guidance-for-property-owners-and-businesses.pdf

And of course, we're all paying for the losses and compensation, either by insurance premiums or taxes.

 

[Mottie]

I can't see local authorities, water boards, government organisations, etc making claims against the police. Can you?

Nah. They’ve got money to burn, they’ll just swallow those costs, won’t they?