You do realize people would just crush their shoes then ask for new ones, right? You'd have to charge each person hundreds of dollars per shoe in order to keep up with Yeezy/Galaxy/DB Prices.
But, I mean, it sounds good. Just would never work. Insurance Fraud would run wild on you, brother.
You create strict policies that prevent fraud.. just like they do for cars and other businesses..for example.. someone could try that but i would have me Sole Team to determine what caused the damage.. if it wasnt covered under our guidelines.. Your jig is up..
you realize that insurance companies do have strict policies against fraud and people whos sole job is to go out and inspect damages to determine liability, but they still get scammed frequently right?