Freebies from my insurance company
Rose Pekelnicky
3 years ago
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What auto insurance company do you have and like?
Comments (14)We have USAA for both auto and home insurance. They have been fantastic. We've had to make claims for both auto and home and their service was quick and easy. During the "derecho" storm, we had a lot of damage due to a tree hitting the house as well as loss of power. They immediately deposited money into our account to cover the loss of food in our freezer (we didn't even ask them to, but when dh was going over the claim for the tree damage, they asked if we lost power too and said they'd cover the loss of food also). Our car insurance is incredibly reasonable - it did go up very slightly once but only after the SECOND fender bender dh had in less than a year. The increase was barely noticeable. In addition, we get a dividend check back from them at the end of the year. This year it was over $200 though it's usually around $125. $200 is about what we'd pay for two months' of premiums (on house and car together) so that was a nice surprise....See MoreMortgage Company holding insurance claim
Comments (4)The mortgage company definitely has an interest in ANYTHING put into that house - even after purchase. If you were to default, they'd get the whole house, not just the house minus your improvements. Seriously, your damages do affect the value of the current house. If you were to take the money and not repair, that overflow damage issue would affect the value of the home - if left undone. If, however, you had a claim for a damaged deck, or pool that was not part of the original purchase, the bank would happily sign off on the check if you chose to not replace those items. (You would have to properly dispose of them and make certain the evidence of the removal looks reasonable.) If you choose not to re-do the basement, the bank will require the toilet overflow damages to be repaired and have the basement cleaned up to the standards it was at time of purchase. My bank once had someone with the same issue -- homeowner fully finished basement after buying the house. Then the basement flooded. Homeowner did not want to do anything with the basement other than dry it out and then cash the check. He had flaking sheetrock, warped panelling, glue streaks all over the floor from the carpeting, and water stained and damaged woodwork. The residual damages would have lessend the value of the home, but if he ripped evererything back to the concrete walls and floor, no problem....See Moreinsurance company called & wants inspection done
Comments (15)Your homeowner's policy is more than likely set to renew within the next few months. Insurance companies are doing outside inspections at renewal. They are trying to weed out the bad risk and if you have an older policy they are attempting to confirm the cost of it's replacement. They are looking for loose gutters, rotting shingles, curled shingles, old roofs, leaks, tripping hazards, missing rails, loose gutters, trees hanging over the roofs/soffits and gutters. That's just some of what they look for. Homeowner's insurance has not been profitable and they are looking to reduce the risk. As a homeowner we should maintain our properties so that we don't have the small claims. You can shop if your not happy about it but I guarantee you 90 - 100% of the companies are doing the outside inspections. If there are issues, companies can terminate you after giving you the opportunity to repair the damages. They may also offer those with older roofs an actual cash value option for the roof. You have to realy read your policies today. I've been selling for 14 years and in our area, it's been tough due to high wind damage. Some companies will also seperate out the deductibles, it used to be standard in this are (midwest) for a single all peril deductible. Today, they are also instituting a wind/hail deductible because that is the biggest risk here. Many no longer offer earthquake coverage, the big Illinois companies have pulled that. We've had tremors here in southeast Wisconsin and for that reason I insure with a company I don't write for. I can't emphasize it enough, you get your homeowner's renewal annually, you owe it to yourself to review it with your agent and have a clear understanding of it....See MoreInsurance premium whine. DH's company pays 65% of premium
Comments (8)Ruthie, that's our premium. But if you had 6 children or 1, the premium would be the same for either family. DH doesn't make that much more than the others. Especially when they give a way his accounts occsasionally because one of the salemaen isn't any good and isn't making much money, so they take accounts away from other salemen and give them to him. LOL The salesmen are employees. Plus, the salesmen not only sell, but have to make deliveries too. So DH has to have a 3/4 ton pick up. The company used to supply those 16 years ago, but no longer. They also make a demand that the trucks be no older than 10 years old. They don't give the whole amount of mileage that the government allows and it doesn't pay for repairs, deisel, payments and insurance for the truck, which is higher because it is business. They don't think to include all of those costs. There isn't enough difference between the mileage allowed and mileage paid to claim on taxes. I'm just whining. I know we have it good, I AM glad to have insurance, I wouldn't be here if we didn't. I just felt like whining! lol We all have our moments! lol...See More
floral_uk z.8/9 SW UK
3 years agolast modified: 3 years agoRose Pekelnicky thanked floral_uk z.8/9 SW UKRose Pekelnicky
3 years ago
raee_gw zone 5b-6a Ohio
3 years agolast modified: 3 years agoRose Pekelnicky thanked raee_gw zone 5b-6a Ohioci_lantro
3 years ago
Olychick
3 years agolindaohnowga
3 years ago
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