Posted on 12/15/2020 5:20:16 PM PST by packrat35
State Farm cancelled my insurance on Dec 4. We got the notice this week. We suffered a fire and after dragging it our for 4 months, construction finally begun.
House is completely gutted for rebuilding and maybe 20% complete after 6 months. Their reason for cancellation is "messy" yard WHILE UNDER CONSTRUCTION.
Anyone ever experience anything like this and what can I do? What insurance company is going to insure me now with incomplete house under cnstruction.
Completely different than my experience.
They have always acted honorably.
Will stay with them for the rest of my life.
We are probably going to do this this week.
I am going to see if I can get them tomorrow.
I am not a vet.
Not a veteran, so not an option.
I remember driving through a small town on Mount Lemon AZ a few years after a fire burned through. Most homes were rebuilt by this time, or well int process. One home was still a foundation with a sign saying Thanks StateFarm for being a good neighbor. Not sure if they ever were able to rebuild.
They took money from me for 40 years. I expect them to at least finish the work on my house before cancelling me.
You have never dealt with an insurance company for a big claim, I suspect. It’s usually a minimum of 4 months to START the claim. I lost an outbuilding to a fire a few years ago in June. I received the money to start the rebuild in October and it was finished a month later. There are estimates to rebuild and contractors to sign and permits and on and on.
H’mmm, perhaps a reason some call it State Fart Insurance.
If you are a veteran might I suggest USAA?
Yep, that is what I expected. My house is a shell inside maybe 20% complete and who will insure that?
Liberty Mutual might be an option.
Do you have a mortgage on the property? Or is it owned F&C? If you still owe on it your insurance company will be dealing with the lienholder not with you. Further if your ins co cancelled your policy for any reason the lienholder will instate VSI or Vendor Single Interest Insurance which is designed to protect the lender NOT YOU. You will be required to pay the monthly premium and it will be VERY expensive. Any insurance claim money from your previous policy will be transferred to the lienholder so you don’t have a chance to skip out on everyone with the money. The lienholder will pay the contractors to rebuild the collateral. You will have nothing to do with that process. You need to get insurance ASAP to avoid VSI being placed on your account by the lienholder. Of course if you own the property F&C none of this applies to you.
Lawyer all the way.
I wouldn’t speak to an insurance claims rep if I were you. And dang sure have a lawyer advise you before you think of cashing a check from your insurance carrier.
Best to you, Packrat.
Good for you, Hope you never have a large claim. Never had a homeowners claim. Two car accident claims. (one of our children, one for us.) Never late with a payment, have investments with them and their bank. Loyalty is not in their motto anymore. I use to laugh and say I had my USAA# tattooed on my body. Beyond disgusted. Mind you, they DIDNT pay the claim.
It pays to get your insurance through a company that offers a variety of carriers. And ask them every year to review your company and see if they are doing better, or worse than others, how their reliability is, which ones they’ve dropped selling, or not recommending anymore, which ones new they have that are good.
I do it every year. I ask which ones are improving, which ones the agents get good cooperation with with claims, which ones they buy/condisering for themselves, etc.
The insurance dragged it out 4 months before approving a settlement with the construction company (that they suggested). Now it is winter and inspections have to be made. COVID is the excuse the city uses to take 3-4 weeks to do an inspection.
Since they flat out said “MESSY YARD”, and they have said it more than once, I’ll go with what they say.
USAA won’t insure a home in a flood Zone so I have to keep Geico for both residences.
Don’t care for uncle Warren but what can you do.
To start a cli. . .4-months? Really? Not USAA. They started working on my home repair in the middle of the night and had guys there within 2-hrs from my call. See my previous post for details.
do you have other insurance claims on your homeowner policy?
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