Supervillains and Insurance: Who’s Gonna Pay for That?
17th December 2010
Most of the time when property is damaged, the property owner has insurance that will pay to restore their property to approximately the state it was in before the loss occurred. But when Doomsday goes on a rampage of destruction across at least three states or the Joker blows up half of downtown Gotham, insurer’s aren’t actually going to want to pay for that, and there is reason to believe that under the terms of standard insurance contracts, they wouldn’t have to. The reason has to do with the way insurance policies are written, which is a matter of contract as much at it is a matter of law.
So the focus of this post is not whether supervillains can get insurance, but whether standard insurance policies will pay for damage that they cause.