Home Insurance Rates?
If under Erie insurance I file a claim for my roof due to storm impair and the claim is denied and not paid; I understand that a claim carve would be posted against me but why would it cause my insurance rates to double when no money exchanged hands. Did Erie enter the claim incorrectly into the Claim/Loss database? Is this a adjectives tactic of Erie or other insurance companies? Am I not allowed to ask questions, get hold of help in finding out if we are tatty without paying through the nose? Also, how long does this claim smudge stand against my rates?
Answers:
This is one of a few things that irritate me in the industry: getting penalized for asking a request for information (and not putting the claim in).
This is another reason to deal near a broker. A good broker will answer your question in need penalty
I love Erie.
Once you record that claim, even though it's not paid it will still knock out the "no loss" discount. Erie puts in a substantial no loss discount.
This is a standard practice surrounded by the homeonwers insurance industry. You should probably run the claim past your agent, for a "hypothetical" situation and some advice, earlier actually filing the claim.
If your agent refuse to answer the question, it's time to switch to another agent.
You don't "get lend a hand finding out if you have damage or not" by file an insurance claim. You'd have to hire a roofer to go pocket a look at that roof, not file a claim just to own the adjuster see if you have a claim or not. Sheesh.
Depending on which state you are actually within, that claim will likely stop hurting you after three policy years - assuming you don't file any more claims within the meanwhile.
You can easily check your quotes in internet, for example here - homeinsurance.awardspace.us
Related Questions:
Answers:
This is one of a few things that irritate me in the industry: getting penalized for asking a request for information (and not putting the claim in).
This is another reason to deal near a broker. A good broker will answer your question in need penalty
I love Erie.
Once you record that claim, even though it's not paid it will still knock out the "no loss" discount. Erie puts in a substantial no loss discount.
This is a standard practice surrounded by the homeonwers insurance industry. You should probably run the claim past your agent, for a "hypothetical" situation and some advice, earlier actually filing the claim.
If your agent refuse to answer the question, it's time to switch to another agent.
You don't "get lend a hand finding out if you have damage or not" by file an insurance claim. You'd have to hire a roofer to go pocket a look at that roof, not file a claim just to own the adjuster see if you have a claim or not. Sheesh.
Depending on which state you are actually within, that claim will likely stop hurting you after three policy years - assuming you don't file any more claims within the meanwhile.
You can easily check your quotes in internet, for example here - homeinsurance.awardspace.us
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