 What to do when home owner insurance premium is raised after billed and paid, with no reason given by agent? |
| Received a bill for an additional $106, agent said the mortgage company failed to pay entire premium. But amount paid matched the amount of the renewal letter I had received. Person in office asked ... |
|
 Do I need to get tested for smoking to get health insurance? |
| Im not a smoker but I can have the occasional cigarette with ... |
|
 Do Different Car Insurance Companies Really Have Different Rates? |
| I keep seeing ads on TV which claim this or that car insurance company is cheapest. Are they really that different, or is this just marketing?... |
|
 Health insurance question? |
| i am 27 yrs old and i need to know what is a normal deductable on health insurance is mine is 2500 i dont go to the doctor that much is this to ... |
|
 Whole life policy only $6000 after paying for 50 years??? |
| My mom has been paying on a whole life policy for over 50 years. The benefit amount is now only $6000. I think she could have had more than $60,000 had she put this money in a bank instead. Is ... |
|
 Can I take my auto insurance to a lawsuit they did't explain that my husband was excluded on the auto ins.? |
| It's been hard to my husband and me because we tought we had coverage but my insurance told us that my husband was excluded and not included in my auto insurance. And I talk to the lady who sell ... |
|
 Beneficiary named in will killed my sister? |
| 2003 my sister was murdered in georgia she had a will in place 30% was to go to the killer from the estate he is in prison I am also a heir of the estate,I'm being told that he still gets 30% by ... |
|
 I have a car loan and my bank is charging me more money for not having insurance? |
| I have a car loan from my bank and did not purshase insurance on my car for two years later on i found out my loan was ad up $3800 more when I call my bank they say that they had purchase a insurance ... |
|
 Is it moral to contribute to mom's life insurance? |
| Mom is in her mid 50's. She asked me to contribute money to her Life insurance so she can increase the amount her family would get in case of her death. Is it moral to do so?... |
|
 Why insurance agent do not market term insurance? |
| I am working in an IT company & agent comes to our company for marketing ULIPs. By reading various articals on ULIPs, I now understand the charges & I wonder how these agents hide the charge ... |
|
 I am 26 yrs old, single with no children, taking out a mortgage. What insurance do I need? |
| I am taking out a mortgage on my own for a flat. I have a full time job that is temporary for 3 more years but likely to continue beyond that. Apart from buildings and contents insurance, which other ... |
|
 What is Paternity Insurance? |
| Heard david lee roth had it and i was ... |
|
 Life Insurance, any suggestion? |
I have a stable income now and i wanna to do a little investment to secure my life. i heard life insurance would be good for first step.
There are so many options out there, i have no idea ... |
|
 My fiance' recently passed away in a motorcycle accident,? |
| his motorcyle insurance cancelled a month before he passed he was at fault , and the other party insurance company sent me a letter stating that his estate must pay for the damages to other party, ... |
|
 What do you think about Insurance Agents? |
| And what do you think about your Insurance Agent, that is if you even know who he or she is?... |
|
 A question about an insurance settlement? |
| My wife was hit by another car about a year ago. She broke two fingers quite badly. She had 2 surgeries, temporary pins, and a year of physical therapy. Now the insurance company is ready to settle.<... |
|
 Take the Accident insurance money run? |
1998 Camaro z28 Convert .
I hit a pole in a parking lot at about 10 MPH or so,
Called my insur and they told me to take it to get an Est or to take it to thier reccomended shop.
1st ... |
|
 How i can an insurance agent ( advisor). what are qualification required for insurance agent ? |
| as i want to be an insurance agent and i required phone no , email id of the person who can appoint me as insurance agent ?... |
|
|  |
loulou | Our neighbours shed was set alight and set fire to our fence and shed/shed contents..? |
we are insured and our insurance said to claim and they will get money off neigbours insurance company..only prob is our premium will go up and we will have to pay 100 ecsess..they said this is how it works.our neigbour came round tonight and said her insurance said they will pay out! is my insurance company trying to con me?? someone help!! |
 |
 
MSAD
|
What your insurance company and your neighbors company are telling you is both right. Neither is trying to con you.
You can file with your company - and they will subrogate against your neighbors policy or you can file with your neighbors liability policy.
However, how each company handles the claim will be somewhat different and it may work out more in your favor to file with your company. (ie. you get paid more) Here's why:
If you have a standard homeowners policy with replacement cost coverage - your policy will pay the replacement cost of the contents of the shed and possibly of the shed (depends if it forms a part of the reality or not). Usually fences are actual cash value (replacement cost - depreciation). Again - this is very general and your policy may be different. Your insurance company will settle with you per your policy - your deductible. Then they will try to get paid back by your neighbors policy. Once they are paid - they forward your deductible to you.
If you file against your neighbors policy- they only owe you the actual cash value (remember: replacement cost - depreciation). The neighbors liability coverage does not owe you the replacement cost (cost of new like/kind/quality). But you don't have a deductible.
You may want to sit down with your agent and speak to him or her. Your agent may be able to help you decide which policy to pursue. |
|
aires69uk OFFICIAL
 |
Your insurance company is not conning or scamming you. They have given you correct advice in that this is the way to make the claim and you are correct in that you will have to pay the excess. However this does not follow as A leads to B that your renewal premium will increase. The claim has to be made in this way because while your neighbour is technically at fault here, your neighbour's policy covers her contents and belongings - not yours (just in the same way as your policy does not cover your neighbours contents and belongings). Your insurance company will pay out on the claim for which you will have to pay the excess and then your insurers will claim that money back from your neighbours insurers. This may all seem unfair but it is the correct way that this would be done. |
|
D L
|
Hi, your claim technically is against your neighbour. It is up to them to either pay you compensation or let their insurance company deal with it. Either way your no claim bonus etc should not be affected. also you may have wot is called legal expenses cover which should advise / see you through the minefield of insurance claims..... DAVE |
|
linda
|
No, this is a common insurance company policy. |
|
Knownow't
|
Interesting question....I would say if you claim from your neighbours insurance you would not need to pay an excess as your own insurance company are not having to pay out....so you are not making a claim and your premium should not go up.....check with the neighbours insurance company and tell THEM that you with to claim on their insurance. |
|
Sprocket
 |
I agree with one of the other people who wrote here.
If it was me, if its the fault of the neighbors, their insurance should cover everything. That's not your liability. Actually, I would really talk to a lawyer to get some advice. That way you are covering all your bases. Many times, a lawyer will give you free advice. Even so, it would save you money in the long run no matter what. |
|
a new me UK
|
Normally on a buildings/home contents policy it is items within your domain or your ownership that are covered. Therefore your neighbour is able to claim from their insurers for their shed and the joint fencing - I do not believe they would be able to claim for your shed or your belongings in your shed. However, they have a moral obligation to recompense you.
Your insurance covers your building/home contents and all items you own or items within your domain and therefore your insurance should be paying out your claim. You appear to have an extremely high excess, you should also check whether you have your premiums covered in which case your premium would not go up.
I would make the claim then change Insurance Companies. (Surely your losses are more than 100 pounds anyway). |
|
JOJO
 |
your premiums will only go up until they reclaim off your neighbours insurance and you should get your excess back,but if your neighbours insurance are paying you direct then your insurance needn't get involved.hope this is clear for you. |
|
Red_F
|
Your insurance company is scamming you. They should NOT raise your rates if it was someone else's fault and they are paying.
Most companies will have you go through them and they will collect but will not raise your rates. I'd call your agent and tell them you will be looking for another agency that won't try and rip you off. |
|
Ching
 |
phone the police because u shouldnt be conned your insurance is to help pay the damage
http://uk.answers.yahoo.com/question/index;_ylt=Ar0pJ_A8yK5i9J644pgEb8YgBgx.;_ylv=3?qid=20071023070731AAM4DzG |
|
harry
|
tell your insurance you are not makeing a claim with them so it should not go up or have any change
if they say the same thing just go another as i did
and when they write to you as an OLD customer write them a nasty letter and tell them why you moved |
|
Anne
|
I need to claim off my Insurance company for a leak from my roof. My Buildings Insurance policy document states £50 comp excess, however my Insurance company havent even looked at the damage yet but are stating they want a min of £500 up front from me, can they do this? |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 25 minutes(s) ago
| | | |
11 | 49 minutes(s) ago
| | | |
10 | 1 hour(s) ago
| | | |
11 | 3 hour(s) ago
| | | |
11 | 5 hour(s) ago
| | | |
11 | 6 hour(s) ago
| | | |
11 | 10 hour(s) ago
| | | |
12 | 2 day(s) ago
| | | |
11 | 2 week(s) ago
| | | |
11 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
