Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: no gnu taxes

Don’t agree to anything until you have acquired a firm estimate from a legitmate contractor to repair the damage. Study your policy to understand the limitations of coverage. Play nice with the adjuster in the meantime, but if you get a whiff of lowballing, and they will likely try, retain an attorney and offer to settle for the maximum under your policy.

Then, regardless of the outcome, be prepared to find a new insurance company, because they will drop you for having filed a claim. Nothing personal on that one, even though it seems like a slap in the face to a homeowner. Actuarial tables show that those who have had a claim paid out are far more likely to have another in the immediate future, and they’re cutting their losses.


7 posted on 09/03/2011 8:45:50 AM PDT by RegulatorCountry
[ Post Reply | Private Reply | To 1 | View Replies ]


To: RegulatorCountry

I rcvd 25G’s for a 200 year old POS collapsed barn this winter and renewed in April with no rate increase


24 posted on 09/03/2011 9:06:12 AM PDT by CGASMIA68
[ Post Reply | Private Reply | To 7 | View Replies ]

To: RegulatorCountry; t1b8zs

“Then, regardless of the outcome, be prepared to find a new insurance company, because they will drop you for having filed a claim.”

I have filed HO claims in TX and AZ with different companies and have never been dropped (I switched companies of my own accord). Prior to retirement I worked in Auto Claims for decades and had associates in the HO Claim dept. There was no policy in place to “drop an insured for having a claim”, as they often handled claims for the same homeowner over a multi-year period. Sorry that your mileage obviously varied, but as a blanket statement that’s incorrect.


49 posted on 09/03/2011 10:22:04 AM PDT by Magic Fingers
[ Post Reply | Private Reply | To 7 | View Replies ]

To: RegulatorCountry

I have heard about getting dropped after filing a claim.If it is a small claim i e..... 6 ft fence panels X4 a computer blown a TV?


57 posted on 09/03/2011 5:01:46 PM PDT by Dubya-M-DeesWent2SyriaStupid!
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson