An Inwood car dealership that believes it was denied added than $4 actor in allowance money for accident acquired by Superstorm Sandy has taken its two allowance companies to court.
Five Towns Nissan in April sued Manhattan-based Tower National Allowance Company and Zurich American Allowance of Schaumburg, Ill., in State Supreme Cloister in Manhattan. The altercation is whether a “storm surge,” which damaged its Burnside Avenue architecture and the added than 450 cars in it, should not be classified as “flood” damage, Newsday reported.
Zurich activated a $5,000 deductible per car for flood accident instead of the $2,500 for storm surge. This leads to a abate payout for the dealer. The banker additionally disputes that the deductibles on the cartage should accept been capped at $300,000. Instead, it paid a deductible of $2.2 million.
The dealership bankrupt for 23 canicule afterwards the adverse storm brought added than bristles anxiety of baptize into the showroom.
Newsday said both insurers beneath comment.
Read the blow of the adventure at Newsday [paid link].
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