I have tried to get a new policy, but most companies won't even give me an estimate. I have tried twice to get policies from companies that gave me an estimate but both companies didn't accept the payment. We are in Wisconsin and have never had an insurance claim in more than 20 years, so I don't think it depends on hurricane Katrina. I have been told that if I was a new owner I wouldn't have any problems, but we have had our house since 1945. Could I sell it to my husband? We have good credit and my father simply forgot to send the check (he was 92).
2007-03-27 06:14:36 · 8 answers · asked by elizabeth m 2 in Business & Finance ➔ Insurance
I have submitted requests twice to on-line insurance search sites. Their representative called and gave me a quote, which I accepted and agreed to pay by credit card, but they never put the payment on the card and I never heard from them again. Both told me no well known insurance company (Hartford, etc.) would insure us because State Farm had cancelled our insurance, so we had to use unheard of companies.
Our insurance was with our local State Farm agent, who returned the late check and refused to insure us. This is a new agent, but the same agency had insured us for years.
The house belongs to our trust.
I will be back in the US in July, so until then I can't visit the friendly local agent.
2007-03-28 10:21:52 · update #1
Something doesn't make sense. Is there something wrong with the house, does it need paint, new shingles?? Did you sign an application for a new policy? Insurance companies will accept a payment unless they are unable to insure the house for some reason. There is something else to this story that you either don't know or aren't telling us. Contact the companies that wouldn't accept the payment and find out why
2007-03-27 07:29:32 · answer #1 · answered by blb 5 · 0⤊ 0⤋
1) If the house belongs to a trust, it has to be insured in the name of the trust and must be signed by whomever is responsible for the trust,
2) many companies won't insure a house that isn't owner-occupied, so if it is vacant, this may be your problem,
3) it could be time to rewrite your homeowner's policy, in which case, most companies require an agent to photograph the house, obtain an appraisal to make sure the policy has enough coverage for what the home is worth, and usually the owner (in your case, the person responsible for the trust) would have to sign the rewrite
4) some companies put an age limit on homes, like they may say if your house if more than so many years old, it has to be written on a different type of policy, again, requiring a signature
5) no insurance company can flat out cancel a policy without giving you some sort of notice (a letter, a phone call, etc), usually a notice of at least 10 days is required...this letter and/or phone call would have to list the reason for cancellation as well
My advice? Call the agent who had the policy (the guy at State Farm) and ask him what is going on and what you need to do? If he can't write it, the least he could do is refer you to someone who can. Most agents will refer you to another agent if they can't help you, to not do so is lazy and just plain rude.
And I'm with everyone else on here. It sounds like you're leaving out a piece to this puzzle of confusion. Or maybe you've just misunderstood something. Call the agency who had the policy and ask for clarification.
2007-03-30 08:43:45 · answer #2 · answered by Beth 4 · 0⤊ 0⤋
Whoever owns the home has to get the new policy. What's the problem? Are you trying to insure the house for sillly low? Is it owner occupied?
I'd suspect you just aren't trying hard enough - contact a local, independent agent. You *might* have to go with a high risk company for one year, if the house has been uninsured for more than a month or two, but an independent agent should be able to place it, unless there's an inherent problem with the house.
2007-03-27 08:34:29 · answer #3 · answered by Anonymous 7 · 0⤊ 0⤋
It sounds like your home is vacant, which is the cause of your problem. Obtaining insurance on a vacant home is very difficult and will require time to find a speciality company to handle this for you. I'm assuming this as you stated that you will be out of the States until July.
2007-03-28 16:59:42 · answer #4 · answered by Jeremy S 3 · 0⤊ 0⤋
If you lived in CO, I'd write you today!
Call around to some different insurance companies, something doesn't seem right. Having a lapse in coverage may raise your rate, but you should be able to get insurance without too much fuss.
2007-03-27 11:53:18 · answer #5 · answered by Nate W 5 · 0⤊ 0⤋
go on line and explore the possibility of new insurance company's don't give up to easy there must be some firm that will insure you. ask around your friends see if they will make a recommendation for you.
2007-03-27 06:19:54 · answer #6 · answered by fushia 5 · 0⤊ 0⤋
Do you have a local agent???
Get one if you don't.
Look them up in the yellow pages, and make that call.
2007-03-27 06:39:12 · answer #7 · answered by TedEx 7 · 1⤊ 0⤋
Apply here. http://www.tkqlhce.com/click-1748196-10307963
2007-03-27 15:12:15 · answer #8 · answered by Anonymous · 0⤊ 0⤋
what are you not telling us? this makes no sense at all.
2007-03-27 08:03:00 · answer #9 · answered by Queen B 6 · 0⤊ 0⤋