- A dead tree falls on a neighbor's fence from an adjacent property.
- An arsonist burns a home to the ground.
- A valuable diamond necklace is stolen.
When we first hear of things like these, our first reaction is often to the event itself and the well-being of the person - we want to make sure the person is okay. But before we launch into a diatribe about how awful the person or entity is that caused this to happen, it's quite common to interject one quick question: "was it insured?"