Media Insurance Scam: Million-Dollar Lawsuit Coverage Excluded

Coffeezilla was scammed for a million dollars by an insurance policy that excluded coverage for defamation claims.

### Coffeezilla's $1 Million Insurance Scam: How a YouTuber Got Duped
* ☂ ️ Coffeezilla, a YouTuber known for exposing scams, thought he was covered by a $1 million insurance policy for defamation lawsuits, but was shocked to find out his claim was denied due to a **hidden exclusion**.
* 💸 The insurance policy excluded coverage for defamation claims, the very reason he had purchased the policy in the first place.
* 🔍 The exclusion was buried deep in the policy's fine print, and Coffeezilla's broker failed to inform him about it, leading to a situation where he was **paying for insurance that didn't actually protect him**.
* 📈 As Coffeezilla's channel grew, the insurance company deemed it riskier and **significantly increased the premiums**, making the discovery of the exclusion even more **devastating**.
* 🤝 The broker, upon learning about the denial, admitted in writing that they were not aware of the exclusion, and **pointed fingers at the underwriter for not disclosing it**.
* 🏛 Coffeezilla is now considering legal action against both the insurance company and the broker, as he feels he was **misled and scammed out of potentially $1 million in coverage**.
* 👕 To recoup some of the losses, Coffeezilla has launched a merchandise campaign, urging his followers to **support him by purchasing shirts** from his store.
* 🤔 The incident has sparked discussions about the insurance industry and the importance of **thoroughly understanding policy terms**, as many people have shared similar stories of feeling **betrayed by their insurers**.

i got scammed for $1,000,000

for other things that don't fit the main channel. 
if i had more time, I'd have made a shorter video.


voidzilla

Insurance Scam: A Million Dollar Deception

The speaker expected their media insurance to cover a million-dollar lawsuit, but the company refused to cover defamation claims, leaving them shocked and feeling scammed.

Despite paying tens of thousands of dollars for the policy, it ultimately did nothing to help them in their time of need.

The YouTuber was advised to get errors and omissions insurance for protection against lawsuits, costing them up to $1 million.

They were targeted with a cease and desist letter, but their insurance covered the legal expenses, which ultimately led to nothing.

The cost of the insurance significantly increased in the following year.

Unfair Insurance Price Hike and Coverage Exclusion

The speaker's insurance company raised the price by 40% and excluded coverage for defamation, despite their fair claims.

They struggled to find a new policy before finally accepting one at a much higher cost.

The new policy included a special exclusion for defamation, raising questions about fault and the need for legal review.

Insurance Dilemma with Digital Assets Coverage

An insurance policy excluded coverage for digital assets, significantly impacting the content creator's business.

The broker had no prior knowledge of the policy's limitations, leading to a tens of thousands of dollars insurance that didn't provide the expected coverage.

Now, the content creator is forced to consider legal action against the insurance company for not fulfilling their obligations.

Insurance Policy Confusion and Finger-Pointing

The broker and the underwriter are blaming each other for not disclosing the policy's exclusion of defamation, leaving the affected party in a difficult situation.

The underwriter is now giving the issue attention as it may impact other accounts with the same exclusion.

To make up for the situation, the affected party is selling shirts and seeking support through pre-orders.

Coffeezilla's Experience of Being Scammed for a Million Dollars

Coffeezilla shares his personal experience of being scammed for a million dollars and expresses his frustration with the insurance company's practices.

Many people can relate to his experience of insurance companies avoiding payout, leading to a discussion in the comments.

Despite the ordeal, Coffeezilla maintains a sense of humor and invites viewers to support him by purchasing his merchandise.