any good companies?
You probably need to talk to a local agent.
The main property writer in Florida – which means homeowners – is Citizens, the state run program. Most standard companies flat out won’t write homeowners in Florida. There are a whole bunch of little startup companies, none of whom are financially rated by AM Best, so your best bet is PROBABLY going to be Citizens.
Could the insurance company possibly fight against paying for damage because we only had a homeowners insurance policy? Is there a special policy one needs to cover property that is rented out?
homeinsurance.awardspace.us – try this one. Got my home insurance from them. As I know they provide such a service.
All I can find is not so Fair Plan! Checked with Louisiana Insurance Commissioner’s web page and called every company on list but no one is writing. Any assistance would be appreciated.
Thanks
Belle Chasse is within the protective levee system! We did not get water from the hurricane. House built 1959 and has never been flooded.
Not after Katrina. Nobody wants to take the risk.
Especially since parts of Plaquemines Parish are outside the hurricane levees.
Do you get some kind of deal or something. Or is it just like having two different insurance companies
An insurance company is not REQUIRED to give a discount if you have both home and auto with them, but I don’t know of any who DON’T. Some will give the discount off of either the home, or the auto, but MOST will give you a discount on both. I’ve seen discounts go from 5%, to 30%, depending on the company, and the state.
If you have car insurance, usually, you save MORE on the car insurance by buying a renters policy, and paying for both. Two, for less than the price of one.
I thought it was legal for them to require you to have homeowners insurance, but not for the mortgage company to decide who you have to buy that insurance through.
Hi, well you’re absolutely correct! A mortgage lender requiring you to purchase insurance through a particular company or agent is in violation with Truth In Lending Laws, as it’s not disclosed if there is any financial relationship between the lender and the insurer, with the Fair Housing laws requiring a borrower to conduct business with a particular insurance carrier, and probably several State Laws if the mortgage company is a licensed mortgage broker, a federally insured bank or a national bank.
The Deed of Trust used to secure the mortgage, or the Trust Deed, in some areas, usually states that the borrower is required to carry a policy of insurance …acceptable to the mortgagee, this means they may reject a policy if the have a good reason to do so, but they can’t require a particular insurer.
This would be a serious violation and perhaps you misunderstood, if you need to report a violation, contact the State Department of Finance, under Economic Development, or your state Attorney General’s Office. Give them the name of the institution and ask what agency has authpority over them. National Banks would be the Comptroller of Currency, State Banks is Federal Deposit Insurance Corporation, If the lender is an Insurance Company they will also be under the Commissioner of Insurance. Each State also has it’s own Banking Authority.
I just recently changed my insurance to them and I can’t find any information. I just want to know if they are a good company to go with.
They do fine. I filed a claim and they had an appraiser in my house the next day. Got a check two days later.
My sister and I are arguing about this, so could someone settle the score. She thinks it’s illegal for insurance companies to use your criminal history to decide what to charge you for a homeowners’ policy. I think they’re well within their rights to want to know if you’ve built a meth lab in your last house, have three convictions for arson with two counts of insurance fraud.
Anyway, which one of us is right? I think that because a person’s conviction history is a matter of very public record, so it CANNOT be illegal for someone to check it for any reason, really.
You are correct, and your sister is DEAD wrong. Criminal records are public records, and ANYONE can check such, if they so choose. There is nothing illegal in an insurance company doing the same.
I’m looking for a insurance company that will insure homeowners insurance if I have a pit or pit mix in Upstate NY
Here’s a link to the various insurance and their policies on the subject. State Farm nor Farmer’s have breed specific rules.
http://www.akc.org/insurance/insurance_chart0702.cfm
I just moved from Florida. State Farm has a pretty good rep, and will give a multi line discount if you insure your car as well. If you don’t occupy the home full time you will have difficulty. Many carriers have left Florida, and many others have raised their rates into the realm of ridiculous.
for insurance IF your house is already on fire, already under floodwater?
Do you expect an auto insurance company to accept your application for auto insurance AFTER you’ve been in an accident?
THIS is what is being demanded of health insurance companies.
Nope, the whole idea of insurance is if something were to happen to you they would cover the bill. Not that you pay them a small amount and they take care of you, defeats the whole purpose of being a business if that was the case.