New Zealand man who burnt down his house cooking steak in toaster says $400,000 payout isn't enough - News Summed Up

New Zealand man who burnt down his house cooking steak in toaster says $400,000 payout isn't enough


A man who burned his house down after trying to cook a steak in a toaster has complained his $400,000 insurance payout isn't going to cut it. The New Zealand man caused severe fire damage to the home he shares with his partner after making the ill-advised decision to forgo the use of a frying pan. Ms Stevens said most insurers now offered total sum insurance, meaning a property is insured for a set price. 'Cooking steak in a toaster is literally a recipe for disaster', she said. 'To have then left the house and toaster unattended for the sake of hot chips must be a constant source of regret.'


Source: Daily Mail July 04, 2021 01:41 UTC



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