No health insurance and have a preexisting condition. Can I start work? or is there any insurance available? no ความคิดเห็น

I live in GA. We just got an insurance and told them about this condition. It's very small surgery for my daughter. but now they are denying it. Is there any other insurance I can take? or if I get insurance through work would that help?

Some group policies at work do not care about preexisting conditions.

Some do. It is usually the private ones, not work connected that

up the rates. Probably something to do with---- if you can work, then

you probably are not too sick, or disabled, so you can be insured.

If it is a dependent child, would you need to take insurance for you

as well as the child, and what is the waiting period.

Work insurance takes a while to go into effect. You may have a rider

or whatever it is called, that will exclude treatment, or make you wait

so long to have insurance, or treatment for the preexisting condition.

I don't know for sure, you could find out some how who the employer

or potential employer uses and check it out on line or by calling the company.

It depends on the insurance. I got insurance through work and they had "no preexisiting condidtions". Most of them do, though and it is spelled out when you sign up. You will have to read the policy before to know for sure.

Will an insurance company insure our home if there is a unpermitted cottage? no ความคิดเห็น

I'm in the process of buying a foreclosure home (Saratoga,CA, can't transfer the insurance since it has already lapsed) that has a detached unpermitted cottage (2 bedrooms, kitchen, bathroom and living room total of 900 sq ft), the main home also has a unpermitted converted garage that is used as a in law quarter (separate entrance and full bathroom), it also has a unpermitted sun room too. I really love the home and tried looking for home insurance but it looks like no one will insure me. Is there anyway I can get insured for this property without having to lie about these unpermitted additions to the insurance company? Any advice would be appreciated and any suggestions which insurance company would insure me for a reasonable price. Thank you in advance.

I think you should go to the local building department (city or county) and apply for as built permits for these unpermitted structures. Although costly, it's better than Code Enforcement coming by, realizing that those additions/properties are unpermitted and going to court, seeking an injunction to have you (1) obtain as-built permits or (2) having them torn down.

It is more expensive to have Code Enforcement come in and seek relief from the courts (assuming you don't comply and apply for as built permits) because you may have to pay their attorneys' fees when they win.

I believe you apply for as built permits from the Building Department in the city. Make sure you're in the incorporated portion of the city, otherwise you'll have to go to the County Building Department.

Also, if the bank didn't know that these additions were unpermitted, you wouldn't have an recourse. Most foreclosures are sold as is and requires buyer's diligence. A title insurance policy may or may not disclose unpermitted additions (depends on the wording of the policy). As I recall, a title insurance policy only guarantees that you have marketable title to the property.

first did you know that the the property had unpermitted additions when YOU STARTED THE PROSESS OF buying it

IF NOT YOU NEED TO SEE A LAWYER.

if you are buying a property with problems never pay anything for the unpermitted part. Many time you can even bargin down the value of the property. because of problems.

also check with the building department as to what it will take to bring to property in to legal status. in some areas it many be easy as paying the building fees. and in others you may have to tear down unpermitted buildings.

PS GET EVERY THING FROM THE BUILDING DEPARTMENT IN WRITING.

If the bank did not disclose the defect when they put it up for foreclosure sale. i hope you got title insurance.

if that is the case see a lawyer

How does the insurance company find out about moving violations? no ความคิดเห็น

My understanding is that when you get a moving violation (e.g, a speeding ticket), the police or the courts or whoever will notify your insurance company. When your insurance company finds out and finds out about the points that are now on your license, they raise your insurance premium. However, a friend tells me that he's received several speeding tickets, that his insurance company has never found out (meaning no one is notifying his insurance company), and that his premium has therefore never gone up. How is that possible?

hes got to be lying or had lawyer take his tickets to court and won!

tickets are sent to the states motor vechicle division, thats how they find out about your tickets!

TC GL :-)

Check your CLUE report once/ year for free @ choicetrust.com. Ask your agent what's coming up on the DMV report. There are mistakes all the time so you'll want to correct these. Whatever you do, don't trust the lizard! www.savethelizardcampaign.com http://answers.yahoo.com/question/accuse_write?qid=20070903115038AA7BhlT&kid=EblmP0DdLmIxrEzO9Qx4&s=comm&date=2008-10-12+08%3A33%3A49&.crumb=

Great question!

Insurance companies use two reports: the CLUE and the MVR. Most companies, mine included, only rerun those reports on existing policyholders at the annual renewals. This is why in some cases, you won't have a violation show up until a year or so later! No, the police don't actually contact the insurance companies and tell us anything, so don't worry about that. We have to do the looking ourselves.. insurance companies actually have to pay the DMV for that information, so they aren't exactly going to be calling us up and giving it to us for free. ;)

Yes, it is possible to have violations without them raising the premium. It's not something you want to bank on. If for some reason the insurance company doesn't rerun your reports at that annual renewal, they won't find out about them. I have, at times, come across long-term customers of my company that went four years or so without running their driving history, so I definitely know that it can happen! Only downside is that when they pick up on their err, they do have the right to go through and charge you for them at that point.

If you go to traffic school, the violation is not reported to the insurance company.

Your friend probably went to traffic school.

Nobody notifies your insurance company, whoever told you that is full of sh*t... When your policy comes up for renewal, the insurance company is supposed to run your MVR (motor veh record) thru the DMV, and that is how they find out. They have a program, where they run your DL#, and it tells of any violations within the last six months, or so... So if they find one, they usally raise it about I dk 5-10percent usally 10-25 bucks, depending on severity of ticket... This will stay on your rates for at 3 years...

dmv records anyone...

when i got 2 speeding tickets within the same month, my insurance did not increase until a year later! for some reason that was the only time my bill was more, it went down after that

i dont know why they waited so long and how long it should increase your insurance, but it suppose to happen to anyone with a moving violation

The courts nor the police notify your insurance company. Insurance companies ask the DMV for copies of driving histories. Some companies pull motor vehicle records every renewal (6 months or a year). Some companies pull it every 2 or 3 years. Sometimes they only pull records when there is a young driver or claims on the policy. It all depends on the company. Some companies are not filed with the state to charge for tickets, some are. It all depends. Sometimes if there are too many speeding tickets, the company will just nonrenew the policy. Meaning, they will stop insuring the person on the renewal date.

What types of insurance does an event planner need? no ความคิดเห็น

I am interested in starting my own business from home as an event planner (no employees, just me). However, I am unsure about the insurance aspect of things.

I will possibly be organising events for a large company and they have told me that I am required to take out Public & Products Liability insurance and Personal Accident cover before I can start working on any of their events. Will the Personal Accident insurance cover my hospital bills if I injure myself? If not, what insurance does?

Could you please advise what type of insurance is required for a home-based event planner.

If there are any event planners out there could you please let me know what insurance you have??

Thanks!

Call an insurance agent. They will know what insurance you need and how much it will cost. The insurance is to cover the people and items at the events you coordinate, not you personally.

First, call an Insurance Agent is not your immediately concern. YOU must completely go over the Contract you are entering with the Sponsor before signing. You will need a Comprehensive Gen'l Liab.Policy, covers Bodily and Property Dam, incl. Product Liab., remember, a personal policy covers you. http://answers.yahoo.com/question/accuse_write?qid=20070926052029AA7rBcx&kid=GoZZDWX8VzVXvjAdOoX5&s=comm&date=2008-10-19+07%3A33%3A53&.crumb=

What is the type of insurance that covers bodily injury and property damage to others? no ความคิดเห็น

1: What is the type of insurance that covers bodily injury and property damage to others?

liability

uninsured motorist

comprehensive

collision

2: What is the type of insurance that covers you when you are injured by a hit and run driver?

liability

uninsured motorist

comprehensive

collision

3: Insurance is based on the concept of ________ and __________

profit and loss

risk and loss

risk and return

profit and cars

4: Which type of insurance is usually required if you finance your car purchase?

Medical Payment Insurance

Towing Insurance

Rental Insurance

Collision and Comprehensive Insurance

5: Which of the following is not a way that a teenager can save money on insurance?

Getting on his or her parents' policy

Getting good grades

Driving penalties

Driver experience

6: Accidents that must be reported are ?

those that caused minor damage or harm

those that have been fatal

all accidents.

I didn't study for this test (haha)

1-Liability

2-Uninsured motorist if you were a pedestrian

Collision if it's a hit&run in your car

3-Risk & Loss

4-Comp & Collision

5-Driving penalties

6-All of them

go here http://gsx1.com/InsuranceComparison.html fill the form, see for yourself. It's free. http://answers.yahoo.com/question/accuse_write?qid=20080513091517AAeRRVw&kid=GcVoDEnZKFQs1XKt3GDc&s=comm&date=2008-06-23+14%3A59%3A12&.crumb=

1: liability 2: uninsured motorist 3: risk & loss 4: coll & comp 5: driving penalties 6: all accidents (according to the NYSDMV)

How long is a insurance company required to give before they cancel your insurance? no ความคิดเห็น

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.

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.

I am an underwriter, and we have to send legal notice which is 30-60 days to replace coverage. Your lender will not cancel your mortgage, they will force place insurance on you which the rates are alot higher. http://answers.yahoo.com/question/accuse_write?qid=20060926164243AA5hWco&kid=RsMrXDW6AjjofDT72HbR2XAo_nV.w.C0iO7XqFtASvSJ2htIxsRP&s=comm&date=2009-01-15+16%3A09%3A07&.crumb=

Every company has a diferent policy. Look inside your insurance contract to see the exact period.

they can cancel it immediately

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.

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!

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.

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.

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.

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

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!!

Insurance??????? no ความคิดเห็น

just wondering. my mom has a trailblazer and my dad has a lumina. they already have full coverage. my question is do they have to add my the insurance or since i have my drivers lisence i can start driving. my mom said that im already insured because it already has full coverage is that true or does she have to add me or what???

I have seen many people on here say that you are automatically covered when your parents have full coverage, including insurance agents. This is not true of all companies. Call your insurance carrier and ask. It is a lot easier than finding out after an accident that you are not covered.

You shoul visit to know all about insurance

www.hotinsuranceworld.blogsp... http://answers.yahoo.com/question/accuse_write?qid=20070925070428AAeYSdR&kid=EMR6Jzq9JUV0PiHsAJ1S&s=comm&date=2008-08-02+07%3A36%3A55&.crumb=

all drivers in the household have to be separately insured. She needs to call the ins company and tell them you'll be driving the cars.

Take a look at the policy, most policy's will state, no drivers under a certain age, if theirs does, they will have to add you, and pay a premium for you.

That's right

No, they have to add you to their policy. If they dont and let you drive their car regularly then it is considered insurance fraud

Auto insurance means that a policy is written on a car - not the person. You can be added as a driver to the cars, but you would be covered as a family member either way. Check with your local agent since a few states (TX, NY, etc) have different rules, but even then you would still be covered unless you took it without permission AND they reported it stolen AND pressed charges.

What kind of insurance do insurance companies need to buy for their own company? no ความคิดเห็น

I want to start an insurance company, but I need to know what kind of insurance I need to purchase for my own company. I have done research and can't find this. (Please do not tell me how to start one, or anything else besides what insurance I need, if any.)

Do you want to start an insurance company or an insurance agency? There is a difference. I'm guessing you want to start an agency because if you had the millions of dollars needed to start an insurance company you'd have the knowledge already or at least the money to hire someone who knew.

For an agency you'll need E & O insurance. Also, depending on your situation you'll need a business general liability and property coverage. You'll need business auto or at least a business classification on your auto insurance if you have vehicles. If you hire someone you'll need workman's comp and possibly health insurance, disability, etc. for the employees.

Like Zarnev says, there's a difference between an agency and a company.

And I think it's pretty safe to say, if you don't know enough about insurance to be able to recommend coverages for YOURSELF, you surely aren't able to go into the business yet.

Types.

Property. Liability. Directors & Officers. Errors & Ommissions. Workers Comp. Commercial Auto. Commercial Umbrella.

If you're referring to REINSURANCE, that's done via treaty, not by "buying a policy".

In addition to what others have already said, it may also depend in part on your locality. If you're in the U.S., I recommend checking with your state to be sure you're meeting any state-specific requirements.

No health insurance and have a preexisting condition. Can I start work? or is there any insurance available? no ความคิดเห็น

I live in GA. We just got an insurance and told them about this condition. It's very small surgery for my daughter. but now they are denying it. Is there any other insurance I can take? or if I get insurance through work would that help?

Some group policies at work do not care about preexisting conditions.

Some do. It is usually the private ones, not work connected that

up the rates. Probably something to do with---- if you can work, then

you probably are not too sick, or disabled, so you can be insured.

If it is a dependent child, would you need to take insurance for you

as well as the child, and what is the waiting period.

Work insurance takes a while to go into effect. You may have a rider

or whatever it is called, that will exclude treatment, or make you wait

so long to have insurance, or treatment for the preexisting condition.

I don't know for sure, you could find out some how who the employer

or potential employer uses and check it out on line or by calling the company.

It depends on the insurance. I got insurance through work and they had "no preexisiting condidtions". Most of them do, though and it is spelled out when you sign up. You will have to read the policy before to know for sure.

Will an insurance company insure our home if there is a unpermitted cottage? no ความคิดเห็น

I'm in the process of buying a foreclosure home (Saratoga,CA, can't transfer the insurance since it has already lapsed) that has a detached unpermitted cottage (2 bedrooms, kitchen, bathroom and living room total of 900 sq ft), the main home also has a unpermitted converted garage that is used as a in law quarter (separate entrance and full bathroom), it also has a unpermitted sun room too. I really love the home and tried looking for home insurance but it looks like no one will insure me. Is there anyway I can get insured for this property without having to lie about these unpermitted additions to the insurance company? Any advice would be appreciated and any suggestions which insurance company would insure me for a reasonable price. Thank you in advance.

I think you should go to the local building department (city or county) and apply for as built permits for these unpermitted structures. Although costly, it's better than Code Enforcement coming by, realizing that those additions/properties are unpermitted and going to court, seeking an injunction to have you (1) obtain as-built permits or (2) having them torn down.

It is more expensive to have Code Enforcement come in and seek relief from the courts (assuming you don't comply and apply for as built permits) because you may have to pay their attorneys' fees when they win.

I believe you apply for as built permits from the Building Department in the city. Make sure you're in the incorporated portion of the city, otherwise you'll have to go to the County Building Department.

Also, if the bank didn't know that these additions were unpermitted, you wouldn't have an recourse. Most foreclosures are sold as is and requires buyer's diligence. A title insurance policy may or may not disclose unpermitted additions (depends on the wording of the policy). As I recall, a title insurance policy only guarantees that you have marketable title to the property.

first did you know that the the property had unpermitted additions when YOU STARTED THE PROSESS OF buying it

IF NOT YOU NEED TO SEE A LAWYER.

if you are buying a property with problems never pay anything for the unpermitted part. Many time you can even bargin down the value of the property. because of problems.

also check with the building department as to what it will take to bring to property in to legal status. in some areas it many be easy as paying the building fees. and in others you may have to tear down unpermitted buildings.

PS GET EVERY THING FROM THE BUILDING DEPARTMENT IN WRITING.

If the bank did not disclose the defect when they put it up for foreclosure sale. i hope you got title insurance.

if that is the case see a lawyer

How does the insurance company find out about moving violations? no ความคิดเห็น

My understanding is that when you get a moving violation (e.g, a speeding ticket), the police or the courts or whoever will notify your insurance company. When your insurance company finds out and finds out about the points that are now on your license, they raise your insurance premium. However, a friend tells me that he's received several speeding tickets, that his insurance company has never found out (meaning no one is notifying his insurance company), and that his premium has therefore never gone up. How is that possible?

hes got to be lying or had lawyer take his tickets to court and won!

tickets are sent to the states motor vechicle division, thats how they find out about your tickets!

TC GL :-)

Check your CLUE report once/ year for free @ choicetrust.com. Ask your agent what's coming up on the DMV report. There are mistakes all the time so you'll want to correct these. Whatever you do, don't trust the lizard! www.savethelizardcampaign.com http://answers.yahoo.com/question/accuse_write?qid=20070903115038AA7BhlT&kid=EblmP0DdLmIxrEzO9Qx4&s=comm&date=2008-10-12+08%3A33%3A49&.crumb=

Great question!

Insurance companies use two reports: the CLUE and the MVR. Most companies, mine included, only rerun those reports on existing policyholders at the annual renewals. This is why in some cases, you won't have a violation show up until a year or so later! No, the police don't actually contact the insurance companies and tell us anything, so don't worry about that. We have to do the looking ourselves.. insurance companies actually have to pay the DMV for that information, so they aren't exactly going to be calling us up and giving it to us for free. ;)

Yes, it is possible to have violations without them raising the premium. It's not something you want to bank on. If for some reason the insurance company doesn't rerun your reports at that annual renewal, they won't find out about them. I have, at times, come across long-term customers of my company that went four years or so without running their driving history, so I definitely know that it can happen! Only downside is that when they pick up on their err, they do have the right to go through and charge you for them at that point.

If you go to traffic school, the violation is not reported to the insurance company.

Your friend probably went to traffic school.

Nobody notifies your insurance company, whoever told you that is full of sh*t... When your policy comes up for renewal, the insurance company is supposed to run your MVR (motor veh record) thru the DMV, and that is how they find out. They have a program, where they run your DL#, and it tells of any violations within the last six months, or so... So if they find one, they usally raise it about I dk 5-10percent usally 10-25 bucks, depending on severity of ticket... This will stay on your rates for at 3 years...

dmv records anyone...

when i got 2 speeding tickets within the same month, my insurance did not increase until a year later! for some reason that was the only time my bill was more, it went down after that

i dont know why they waited so long and how long it should increase your insurance, but it suppose to happen to anyone with a moving violation

The courts nor the police notify your insurance company. Insurance companies ask the DMV for copies of driving histories. Some companies pull motor vehicle records every renewal (6 months or a year). Some companies pull it every 2 or 3 years. Sometimes they only pull records when there is a young driver or claims on the policy. It all depends on the company. Some companies are not filed with the state to charge for tickets, some are. It all depends. Sometimes if there are too many speeding tickets, the company will just nonrenew the policy. Meaning, they will stop insuring the person on the renewal date.

What types of insurance does an event planner need? no ความคิดเห็น

I am interested in starting my own business from home as an event planner (no employees, just me). However, I am unsure about the insurance aspect of things.

I will possibly be organising events for a large company and they have told me that I am required to take out Public & Products Liability insurance and Personal Accident cover before I can start working on any of their events. Will the Personal Accident insurance cover my hospital bills if I injure myself? If not, what insurance does?

Could you please advise what type of insurance is required for a home-based event planner.

If there are any event planners out there could you please let me know what insurance you have??

Thanks!

Call an insurance agent. They will know what insurance you need and how much it will cost. The insurance is to cover the people and items at the events you coordinate, not you personally.

First, call an Insurance Agent is not your immediately concern. YOU must completely go over the Contract you are entering with the Sponsor before signing. You will need a Comprehensive Gen'l Liab.Policy, covers Bodily and Property Dam, incl. Product Liab., remember, a personal policy covers you. http://answers.yahoo.com/question/accuse_write?qid=20070926052029AA7rBcx&kid=GoZZDWX8VzVXvjAdOoX5&s=comm&date=2008-10-19+07%3A33%3A53&.crumb=

What is the type of insurance that covers bodily injury and property damage to others? no ความคิดเห็น

1: What is the type of insurance that covers bodily injury and property damage to others?

liability

uninsured motorist

comprehensive

collision

2: What is the type of insurance that covers you when you are injured by a hit and run driver?

liability

uninsured motorist

comprehensive

collision

3: Insurance is based on the concept of ________ and __________

profit and loss

risk and loss

risk and return

profit and cars

4: Which type of insurance is usually required if you finance your car purchase?

Medical Payment Insurance

Towing Insurance

Rental Insurance

Collision and Comprehensive Insurance

5: Which of the following is not a way that a teenager can save money on insurance?

Getting on his or her parents' policy

Getting good grades

Driving penalties

Driver experience

6: Accidents that must be reported are ?

those that caused minor damage or harm

those that have been fatal

all accidents.

I didn't study for this test (haha)

1-Liability

2-Uninsured motorist if you were a pedestrian

Collision if it's a hit&run in your car

3-Risk & Loss

4-Comp & Collision

5-Driving penalties

6-All of them

go here http://gsx1.com/InsuranceComparison.html fill the form, see for yourself. It's free. http://answers.yahoo.com/question/accuse_write?qid=20080513091517AAeRRVw&kid=GcVoDEnZKFQs1XKt3GDc&s=comm&date=2008-06-23+14%3A59%3A12&.crumb=

1: liability 2: uninsured motorist 3: risk & loss 4: coll & comp 5: driving penalties 6: all accidents (according to the NYSDMV)

How long is a insurance company required to give before they cancel your insurance? no ความคิดเห็น

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.

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.

I am an underwriter, and we have to send legal notice which is 30-60 days to replace coverage. Your lender will not cancel your mortgage, they will force place insurance on you which the rates are alot higher. http://answers.yahoo.com/question/accuse_write?qid=20060926164243AA5hWco&kid=RsMrXDW6AjjofDT72HbR2XAo_nV.w.C0iO7XqFtASvSJ2htIxsRP&s=comm&date=2009-01-15+16%3A09%3A07&.crumb=

Every company has a diferent policy. Look inside your insurance contract to see the exact period.

they can cancel it immediately

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.

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!

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.

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.

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.

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

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!!

Insurance??????? no ความคิดเห็น

just wondering. my mom has a trailblazer and my dad has a lumina. they already have full coverage. my question is do they have to add my the insurance or since i have my drivers lisence i can start driving. my mom said that im already insured because it already has full coverage is that true or does she have to add me or what???

I have seen many people on here say that you are automatically covered when your parents have full coverage, including insurance agents. This is not true of all companies. Call your insurance carrier and ask. It is a lot easier than finding out after an accident that you are not covered.

You shoul visit to know all about insurance

www.hotinsuranceworld.blogsp... http://answers.yahoo.com/question/accuse_write?qid=20070925070428AAeYSdR&kid=EMR6Jzq9JUV0PiHsAJ1S&s=comm&date=2008-08-02+07%3A36%3A55&.crumb=

all drivers in the household have to be separately insured. She needs to call the ins company and tell them you'll be driving the cars.

Take a look at the policy, most policy's will state, no drivers under a certain age, if theirs does, they will have to add you, and pay a premium for you.

That's right

No, they have to add you to their policy. If they dont and let you drive their car regularly then it is considered insurance fraud

Auto insurance means that a policy is written on a car - not the person. You can be added as a driver to the cars, but you would be covered as a family member either way. Check with your local agent since a few states (TX, NY, etc) have different rules, but even then you would still be covered unless you took it without permission AND they reported it stolen AND pressed charges.