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Message
Seattle car dealership paying out 420,000 after Shut Out
Posted on 12/16/13 at 10:01 am
Posted on 12/16/13 at 10:01 am
LINK
quote:
It cost a car dealership near Seattle more than that. Jet Chevrolet in Federal Way, Washington ran a promotion offering 12 different people $35,000 each if the Seahawks shut out the Giants with entries doled out to those who bought cars as well as those who just wanted to take a shot on the Seahawks defense. The Giants had not been shut out at home in the regular season since 1995, but there were no points to be found this Sunday.
“This is crazy,” Jim Johnson, one of the owners of the dealership, said, via Darren Rovell of ESPN.com. “We never expected that we’d actually be giving away the money.”
The dealership took out insurance, which cost them $7,000, and they’re waiting to see how the insurance company advises handling the payout of the money.
This post was edited on 12/16/13 at 10:03 am
Posted on 12/16/13 at 10:03 am to tduecen
I wonder if they insured the contest
Usually these types of things are
Edited to say I see you edited
Usually these types of things are
Edited to say I see you edited
This post was edited on 12/16/13 at 10:03 am
Posted on 12/16/13 at 10:10 am to tduecen
quote:
“This is crazy,” Jim Johnson, one of the owners of the dealership, said, via Darren Rovell of ESPN.com. “We never expected that we’d actually be giving away the money.”
I mean the Seahawks have one of the best defenses in the NFL. He should have at least considered the possibility.
Posted on 12/16/13 at 10:25 am to Draconian Sanctions
Best 7k they could have spent
Posted on 12/16/13 at 2:05 pm to Draconian Sanctions
quote:
He should have at least considered the possibility.
Doesn't matter to him. It's the insurance company's problem now. They're the ones that should have considered the possibility and charged a higher premium.
Posted on 12/16/13 at 2:18 pm to barry
quote:yep, the pub is worth probably 20 times the 7g's.
Best 7k they could have spent
Posted on 12/16/13 at 2:23 pm to tduecen
Someone at the insurance company is getting fired.
Posted on 12/16/13 at 3:23 pm to LNCHBOX
quote:
Someone at the insurance company is getting fired.
Yep, someone is getting fired...somewhere.
Posted on 12/16/13 at 3:24 pm to LNCHBOX
quote:
Someone at the insurance company is getting fired.
Yeah, I don't know anything about the insurance business but it seems like charging less than 2% on the Seahawks defense getting a shutout was a little foolish.
Posted on 12/16/13 at 3:47 pm to barry
quote:no shite, they've gotta be paying more than that for most of their TV ads
Best 7k they could have spent
Posted on 12/16/13 at 3:48 pm to tduecen
Nice to see an insurance company get the short end of the stick for a change
Posted on 12/16/13 at 3:49 pm to skinny domino
agreed. They dont need it though. When traffic is at a dead stop on I5 you could almost spit on their property. They are highly visible.
Posted on 12/16/13 at 3:51 pm to LNCHBOX
quote:
Someone at the insurance company is getting fired.
Why?
Do you think an underwriter gets fired everytime someone buys an auto policy and then causes a 5 car accident the next week with six-figure damages?
Posted on 12/16/13 at 5:51 pm to tduecen
quote:
The dealership took out insurance, which cost them $7,000, and they’re waiting to see how the insurance company is going find an exclusion in the policy to deny indemnifying the dealership for the payouts.
Fixed
This post was edited on 12/16/13 at 5:53 pm
Posted on 12/19/13 at 10:42 pm to tigerpimpbot
Why is insuring something like this not considered gambling?
Posted on 12/19/13 at 10:46 pm to Overbrook
That's a weird thing to insure if your an insurance company (definitely makes more sense as the car dealership,considering how good Seattle's d is especially at home). I wonder if they've done that the other home games before that?
Posted on 12/19/13 at 11:13 pm to PokerChamp21
I think it's Lloyd's of London that insures this. They will insure almost anything (See Troy Polamalu's hair).
Posted on 12/19/13 at 11:39 pm to BamaDude06
A dealership in Arkansas said they would give away a new car a month if Arkansas went 0fer in the SEC. Not nearly 420k, but he was an idiot for making the deal with the way we were playing.
This post was edited on 12/19/13 at 11:40 pm
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