Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Insurance....
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="Electrician Mike" data-source="post: 1487011" data-attributes="member: 17487"><p>Unfortunatly, I learned this lesson the hard way right at a year ago when my polebarn shop which was a seperate structure on the same property as my house burnt down, full of my toys. (Before anyone asks, not an electrical fire, grass had grown under the wall of the polebarn and into the old fridge that kept pop, water and gatorade. The fridge apparently leaked out the coolant causing the motor to overheat, which ignited the grass, then the vinyl backed insulation) </p><p>I had Farmers insurance at the time and had paid them for over 15 years with only one previous claim. While still arguing the amounts of this claim, they cancelled me cold. They claim it was not due to the pending claim but we all know better. They offered me a different/better policy that would cover me better, then sent out an inspector who ripped apart my 12 year old house and deemed it uninsurable??? They stated my roof was beyond repair,even though I had 2 different roofing comapnies look at it and they both said it was fine with no damage. They cited abnormal clutter on the property, duhhh, I just had a fire and was waiting on them to settle with me so I could clean it up. And on and on.</p><p>They did cover stuff like a couple of 4 wheelers, a sandrail, and all loose car parts and tools at a highly depreciated rate, but not without making me jump thru hoops for about 6 months.</p><p>Worst part was that it was nearly impossible to find new insurance while having this claim open. </p><p>I can honestly say that I thought I was prepared for anything, but after this one event I lost over $40k in non-covered and underinsured items.</p></blockquote><p></p>
[QUOTE="Electrician Mike, post: 1487011, member: 17487"] Unfortunatly, I learned this lesson the hard way right at a year ago when my polebarn shop which was a seperate structure on the same property as my house burnt down, full of my toys. (Before anyone asks, not an electrical fire, grass had grown under the wall of the polebarn and into the old fridge that kept pop, water and gatorade. The fridge apparently leaked out the coolant causing the motor to overheat, which ignited the grass, then the vinyl backed insulation) I had Farmers insurance at the time and had paid them for over 15 years with only one previous claim. While still arguing the amounts of this claim, they cancelled me cold. They claim it was not due to the pending claim but we all know better. They offered me a different/better policy that would cover me better, then sent out an inspector who ripped apart my 12 year old house and deemed it uninsurable??? They stated my roof was beyond repair,even though I had 2 different roofing comapnies look at it and they both said it was fine with no damage. They cited abnormal clutter on the property, duhhh, I just had a fire and was waiting on them to settle with me so I could clean it up. And on and on. They did cover stuff like a couple of 4 wheelers, a sandrail, and all loose car parts and tools at a highly depreciated rate, but not without making me jump thru hoops for about 6 months. Worst part was that it was nearly impossible to find new insurance while having this claim open. I can honestly say that I thought I was prepared for anything, but after this one event I lost over $40k in non-covered and underinsured items. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Insurance....
Search titles only
By:
Top
Bottom