Homeowners insurance?
If your insurance policy according to company lapse and you reinstated and paid then untried policy was sent and you did not tell rep that you agree to policy what happen you do or do not have insurance and you paid a min recompense for reinstatement?
Answers:
OK, if they sent you a new policy, it was NOT reinstated - it be rewritten.
It can't be rewritten OR reinstated, without a signature from you - which IS agreeing to the policy.
You have no coverage, unless the coverage be BOUND and the money was GOOD. If they issued you a policy, you have coverage until it's cancelled, unless the check bounced. Source(s): agent, 21+ years
A homeowners insurance policy is a contract. As next to any contract, both parties must agree to its terms. If you reinstated an existing contract to which you have previously agreed, then it would remain in force and your home would be covered. If, however, a different policy was issued, then you hold a new contract to which you have not agreed. Until you sign the agreement, it is not valid, and your home is not covered.
Your agent should sort this out for you. If he or she cannot or will not, you should find a contemporary agent. The easiest way to do so is to talk to an insurance broker. A broker works next to several companies and can find the best rates and coverage for you. To find a broker in your area, log on to a website resembling http://www.homeownerswiz.com and fill out a form requesting a free quote. Your information will be sent to a broker in your nouns who will contact you. Source(s): http://ezinearticles.com/?Would-Your-Hom…
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Answers:
OK, if they sent you a new policy, it was NOT reinstated - it be rewritten.
It can't be rewritten OR reinstated, without a signature from you - which IS agreeing to the policy.
You have no coverage, unless the coverage be BOUND and the money was GOOD. If they issued you a policy, you have coverage until it's cancelled, unless the check bounced. Source(s): agent, 21+ years
A homeowners insurance policy is a contract. As next to any contract, both parties must agree to its terms. If you reinstated an existing contract to which you have previously agreed, then it would remain in force and your home would be covered. If, however, a different policy was issued, then you hold a new contract to which you have not agreed. Until you sign the agreement, it is not valid, and your home is not covered.
Your agent should sort this out for you. If he or she cannot or will not, you should find a contemporary agent. The easiest way to do so is to talk to an insurance broker. A broker works next to several companies and can find the best rates and coverage for you. To find a broker in your area, log on to a website resembling http://www.homeownerswiz.com and fill out a form requesting a free quote. Your information will be sent to a broker in your nouns who will contact you. Source(s): http://ezinearticles.com/?Would-Your-Hom…
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