 I want to work from home? can anyone help? |
| i want to work from home doing answering phones or something for some health insurance companies can anyone help? please i don't want anything that i am going to have to pay anything because ... |
|
 Life insurance if I may be terminally ill? |
| here's my dilemma - I found out last week that I have a couple of nodules in my left lung. It's too early to determine if there's any serious illness (cancer) to be concerned with. I ... |
|
 My doctor is defrauding insurance company? |
| I went to see two different gynecologists in same county but different cities within 1 month for EXACT SAME check-up/test(1st trimester pregnancy). Instead of charging the insurance the same or ... |
|
 Can u help me to explain about the life insurance,,,i always think life insurance is not good....? |
| i have a prob. i am married to an american..my prob my husband want me to get a life insurance when i have work in usa..but i insist bec, i am afraid to get.a life insurance bec i always heard in the ... |
|
 In a car accident that not your fault..? |
ina car accident thats not your fault....does the situation affect your insurance
Additional Details
i was side swiped....idiot broke my side mirror....i have a police report but i dont ... |
|
 Hospital Bills/ Insurence Question? |
| My girlfriend broke her neck and she is 20 and a college student on her moms insurence she is getting hospial bills and got a letter from a collection agency today about paying and so on. and she was ... |
|
| Can a State Farm Agent release info about my insurance payments to someone who is not on the account? |
| My boyfriend has his car insurance through State Farm and his State Farm agent called his mother about his car insurance and told her that he's behind on it. Can he do that? He's 25 years ... |
|
 Have you always payed your house insurance without another quote? |
| I had been with one company for 15 years for my house insurance. Decided to have other quotes this year as I always do with my car insurance.Got the same cover for £100.00 cheaper per annum with ... |
|
 How do i get cheap insurance for a BMW? Im 21? |
I have 1 year no claims.
Additional Details
Its a 1 series coupe 120... |
|
 Will any life insurance company insure my 75 year old grandfather.? |
| i jsut found out that my grandfather does not have any life insurance to help the family take care of his funeral and other expenses he will leave. I am the wise one in the family and would like to ... |
|
 My house burned and i have no insurance. what do i do? |
| I have a rental house. my renters left their dryer on when they left and when they came back a fire had started...which did not burn the house down....but did a lot of damage....lots of smoke......... |
|
| If I change car insurance companies to get a lower rate, does that look negative on my record? |
| I could save about $40.00 monthly if I switch companies. I'm just wondering if that will look bad on my credit or if it will have any adverse effects on anything that will be taken into ... |
|
 We were robbed in Rome on Tuesday, now insurance co' are trying to wriggle out of paying us. any advice? |
On the metro in Rome on the second day of our holiday we were robbed, my bag, purse, jewellery and a large amount of cash plus my husbands wallet and credit cards
The Insurance company are ... |
|
 Want to put dad in life insurance??? |
I want to get life insurance for my father. Will I be the beneficery for him-after he passes away? Also, is a medical check required for this?
Thanks in advance for all of the positive ... |
|
 Car insurance!? |
how long before the policy expires does your insurance company send you the delightful letter detailing how much your insurance will cost for the following year!!
im looking around for ... |
|
 How many people use the ER as their doctor because they can't afford a private doctor.? |
| What do you do when you earn too much to be on welfare and don't want to be on welfare and not enough to afford medical insurance?... |
|
 I just purchased a auto insurance policy a few days ago. Can I cancel and go with another company? |
| At last minute, I had to get auto insurance with Esurance which I hate. But I really had no other choice. Can I cancel with them and go with another company that will give me a better deal?... |
|
|  |
sunny | How long is a insurance company required to give before they cancel your insurance? |
My insurance called me yesterday and informed me that they would be cancelling my insurance because I have rented my house to a group of students. They gave me two weeks to find new insurance before they cut me off. I'm having trouble finding someone who will insure us. If they cut my insurance, my bank will cancel my mortgage, and I guess that means I'd lose the house. Is this insurance company allowed to drop me in this manner. When we got the insurance two months ago there was nobody living in the house, but it was rental insurance. We never lied or anything, we were completely honest through the whole process. |
 |
 
Thoughts Like Mine
 |
most insurance policies range from 30 to 90 days on a cancellation for non payment.
You need to stop and read your policy carefully. If this is a home owners policy there is likely an exclusion for using the house as a business.
When you bought the insurance you were probably purchased it through an agent. He didnt care what you told him. all he wanted to do was sale the policy. It's the underwriter that now wants to cancel it.
Bottom line. I think that you have two options.
1. Purchase a commercial property insurance policy. (expensive but doable.)
2. Search around and find another homeowners insurance policy and buy 1M dollars worth of umbrella coverage.
I'd spend my time looking for option two. The minute you ask about an umbrella, agents will be knocking your door down. |
|
2insure4less
|
Every company has a diferent policy. Look inside your insurance contract to see the exact period. |
|
darcilynn83
|
It depends what type of policy you got in the beginning..did you have a vacant renters policy? or a DP-3 policy? did you tell them no one was living in the home? normally it is 30 days notice. Your mortgage company can put "force place coverage insurance" on your home before you lose it if you cannot find another company. If any of the underwriting reasons have changed they can cancel the policy. I just had a policy cancel that I was working on because they failed to let us know they owned a German Shephard. Insurance companies have stupid reasons, but they have their own reasoning behind it. I would still say you have a 30 day notice though. Call your current agent and see if there is another policy that can be written.
I live in FL, not sure if all this applies to you. |
|
kako
|
Yes, it was probably in the fine print. You can find insurance, it will just be more expensive. Later you can find another insurer that is cheaper. |
|
blb
|
The amount of time that you get is going to depend on the state you are in. Every state has a different rule about this. In most states, if there is a material change in risk they can cancel. Since this was written on a homeowners policy, you need to contact the agent and ask them to rewrite it to a dwelling fire policy. A homeowners policy is for an owner occupied house and a dwelling fire policy is for a tenant occupied house. The coverage under a dwelling fire is not as good as a homeowners policy. Your agent should be able to help you with all of this. |
|
John
 |
Yes, the insurance company can cancel your policy by the underwriting reason. Homeowners policy is for owner living dwelling coverage. Usually the insurance company gives 30 days notice for any cancellation
Since the house is now occupied by the tenant, you have to get the Dwelling & Fire insurance instead of Homeowner Policy.
If you still need your dwelling & fire w/ liability or not, check the following site:
http://www.insureme.com/landing.aspx?Refby=614136&Type=home
Once you submit your info, several agents from your local area will contact you with their best quotes for your attention.
If you don't have a dwelling & fire insurance for your house, the mortgage company will force their policy. I've seen that the forced premium was five times higher than a normal dwelling premium you may find thru the local agent.
Good Luck! |
|
Loollea
 |
most insurance companies give 30 day notices of cancellation and they are required to give legal, written notice where do you live now? your agent that writes your homeowner policy should be able to write you a dwelling fire policy without problem |
|
mbrcatz
|
That varies, depending on what state you are in. Yes, renting your home out means it's not an "owner occupied" dwelling any more, so isn't eligible for a homeowners policy. Yes, renting to a group of students is the absolutely highest risk group you can rent to, MOST insurance companies won't insure you. You're going to have to go to a high risk carrier - maybe Lloyds of London. It's going to be a WAY LOT more than it is right now. Your current agent should put this out on the market, and get a couple quotes for you.
Anyway, the insurance company has to issue a cancellation notice to you, for material change of risk. They might say a different reason, but they DO have to give a reason. I've never seen a notice time of less than 30 days, but it might be out there. I'd imagine there's no way it can be less than 10, but could be as long as six months.
They can also cancel with 10 days notice, because you insured it as a rental, but at the time it was vacant. Check the application - I'm sure one of the questions on it was about occupancy!! |
|
taketwo
 |
they can cancel it immediately |
|
kravitz44
|
I would check your policy to see if your insurance company should be void or not.
Off hand, however, I see no problem. You can, however, expect to pay a premium on your insurance policy to the norm because it can be interpreted as being rented for commercial use. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 40 minutes(s) ago
| | | |
10 | 54 minutes(s) ago
| | | |
10 | 3 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 3 day(s) ago
| | | |
9 | 6 day(s) ago
| | | |
9 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
