My home insurance was recently cancelled by Stae Farm because of three
claims with them. I was insured with from 1988 until the cancellation
last week. I then applied to Farmers Insurance and was accepted, I
sent 50% of the premium to them. Yesterday I was informed that they
are going to return the premium and cancel the policy ecause of prior
claims. I am sure it is the State Farm claims.
Is there a compny or companies to which I maybe more successful getting
JAD 2006 0722
Do a google search on CLUE or Comprehensive Loss Underwriting Exchange
and read some of the horror stories that are described. You can apply
for a copy of your CLUE report at www.choicetrust.com to get an idea
of what you'll be up against the next time you apply for insurance.
Here's a good article:
I don't think the CLUE database is necessarily a bad thing for a homebuyer.
When I applied for my insurance on my new house the agent gave me a short
run-down on the repair claims. It was valuable information, one because it
corroborated the inspectors and the sellers story and two, it gave me an
overall indication of what kind of maintenance I would be looking at.
Now I haven't had the bad fortune of filing a claim, so perhaps when the
other side of the CLUE database rears its head I might change my tune. But
for a newbie to the housing market it was a valuable tool.
If you're elgible, your Farm Bureau agent can help. Otherwise, I'd
recommend going to an independent agent and see what they he/she can
do. Never hurts to contact your state insurance commisioner with the
problem--depending on the situation and how good/bad the particular
state office is, they sometimes will pressure an insurer in particular
it may not be JUST claims, homeowners used to be a cash cow for
companies, but with hurricanes and tremendous losses the companies look
at each new or renewed policy.
such things as already bad roofs can get you cancelled.
cracked sidewalks knob and tube wiring, poor porches.
let this be a lesson its never a good idea to make a small claim since
several can get you cancelled.
its also better to have ALL your insurance with a single company.
if they have your cars, homeowners and others they know if they cancel
one you will cancel the rest and change comanies.
this helps if the OP has other policies with another company he might
if someone has a mortage the mortage company upon notification that the
home isnt insured will put forced place insurance on the building
structure only. contents are NOT included....
my mom had a broken windshield I was on her insurance, she sold me the
vehicle, I had broken glass and very minor accident.
car insurance cancelled for too many claims 3 was the majic number.
no doubt the OP can get homepwners ate several times the price and with
exclusions for future events of what got them cancelled originally
Years on Usenet tell me that people often get cancellations or huge
price jumps for even two claims on homeowners' insurance.
Readers be warned: If some little problem happens, I would pay it out
of pocket rather than make a claim.
- Don Klipstein ( firstname.lastname@example.org)
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