by Iwaaant » Wed Sep 19, 2007 07:59 am
The home is in Cal. and the fire was caused by a product that has now been recalled. The company involved is taken resposibility. My problem seems to be with my own insurance. What is the best way to handle the carpet issue?
Posted: Sun Aug 03, 2008 03:26 pm Post Subject: house fire replacing same or like contents
When listing items of same or like quality for a claim, do you have to repurchase "that" quoted item to recover the depreciation/limit? Ex: Googled a sofa for $900, replaced it with one for $800, but insurance paid ACV of $200. Will they pay the other $600 to meet the $800 if a $900 sofa was not purchased?
How is jewelry, ex: diamond ring replaced? ACV? Also having a problem identifying a replacement cost for a piano that is no longer made. Any suggestions?
Posted: Mon Aug 04, 2008 10:48 am Post Subject:
Most standard policys have a limit on jewelery...it also depends how your policy reads some you have to purchase the item then they will issue a second payment for the balance.
Posted: Sun Jul 29, 2012 10:12 am Post Subject: nIXVraaWyFVIX
Unfortunately, there's nothing you can do. (Sure, you can try to file a ciamlpont w/your state's insurance commissioner, but you aren't going to win.)It doesn't matter if September's hospital bill was related to your sleep apnea or not. Your policy became null and void entirely the minute that your insurer discovered that you didn't disclose your medical history on your policy.BTW its not just September's bill that won't be covered. Its *any* service (doctor's visit, prescriptions, etc.) that you've had since the policy went into effect. The insurance company will retract payments from any medical providers or pharmacies and will let them know that your policy is void. So, if you've had any other services done, don't be surprised to start getting collections notices from providers. (Even if you thought the bills were taken care of already with your policy being made void, the insurer will take all of the money back on claims that had already been paid out for you.)Situations like this are exactly why I always emphasize to people to not leave *anything* off your health insurance applications you end up creating a big mess.Like I said, you can try filing a ciamlpont w/the state insurance department, but don't be optimistic about your chances. The insurance company has pretty substantial documentation for why they voided your policy.As far as your group benefits go group insurance policies are completely different from individual. Your medical history doesn't matter when signing up for a group policy. But when it comes to applying for an individual policy, your medical history is relevant. (Its the basis for getting approved or not for a policy, and also the basis for your premium level.) Omitting something from the application, whether it was intentional or not, is a *big* issue. As you're unfortunately learning now.
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