| Message |
Author |
|
 Posted: Sat Jun 06, 2009 3:40 am Post subject: |
|
|
I think the insurer would decide not to renew the policy if the insured doesn't comply with the recommendations mentioned by the inspector, right?
Can they cancel the policy too at the middle of the term? |
|
kelvin
Senior member
Joined: 22 Nov 2005
Posts: 207
37.90 Dollars($)
|
|
| Posted: Sat Jun 06, 2009 12:18 pm Post subject: |
|
|
What a second here... | Quote: | | the insurance company orders an inspection on your home and recommendations are made for you to fix certain hazards and you don't fix them and there is a claim, the insurance company holds the right not to pay the claim |
Nope, I don't think so...there is no provision in the policy that allows for this..if that policy is enforce the claim will be paid, regardless of the letter the insured receives advising her fix this or that...the only possible way would be if a company had the insured sign a document, agreeing that since she failed to repair or fix the problems in question then she as the insured is agreeing to handle any claims that arrise from this...I'm making all that up, as I've never seen such a form, but that would be the ONLY way they could deny the claim, with a policy in force... | Quote: | | If the adjuster fails to identify a potential risk during an inspection and there is a claim in the future arising out of that particular unidentified hazard, then the claim would be paid, jsut as long as if it was normally covered under the policy. |
Adjusters do not do risk management inspections....if they are working a claim, and notice something, they can send in a u/w report, but they don't go out and do risk/safety inspections...and these inspections IN NO WAY affect the terms of the policy...The carrier has the option to non-renew for the insured not complying with their request to repair whatever it was...but if a claim arrises while that policy is in good standing that claim is paid, I don't care how many letters were sent to the insured telling them to fix this or that...
| Quote: | | I think the insurer would decide not to renew the policy if the insured doesn't comply with the recommendations mentioned by the inspector, right? |
That's EXACTLY what would happen..
| Quote: | | Can they cancel the policy too at the middle of the term? |
No, and yes, they would have to prove material mis-rep to do so...in this situation, it's doubtful UNLESS the hazard is so over the top, the carrier would have in no way insured the property had they known of it's exsistance, and the insured hid that hazard...For instance, if the application for insurance asked about a wood stove, and the insured said 'no, no wood stove'...and an inspector saw the wood stove, that's material mis-rep, (if that carrier doesn't insure homes with wood heat)...and they could cancel that policy...In this instance it sounds like maintence, or lack there of...and minor things like hand railings...not repairing those will get her non-renewed but not canceled mid policy. (that's actually kind of hard to do)
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
|
Lori
Moderator
Joined: 10 Sep 2007
Posts: 8173
Location: Missouri
287.90 Dollars($)
|
|
| Posted: Tue Jun 09, 2009 5:05 am Post subject: |
|
|
| Quote: | Adjusters do not do risk management inspections....if they are working a claim, and notice something, they can send in a u/w report, but they don't go out and do risk/safety inspections...and these inspections IN NO WAY affect the terms of the policy...The carrier has the option to non-renew for the insured not complying with their request to repair whatever it was...but if a claim arrises while that policy is in good standing that claim is paid, I don't care how many letters were sent to the insured telling them to fix this or that...
|
When I was an independent adjuster, most of the companies that I worked for were smaller out of state carriers that never looked at the properties they insured except for maybe the agent. Some would give specific directions to check certain items when at the property and not associated with the claim, which more or less was somewhat of a risk management inspection. I would agree that any findings would not affect the claim I was handling but I assume that they forwarded any findings to underwriting for a follow up inspection or letter to the insured. I know in one case where a church got non-renewed (during the claim) which made it so nice to deal with the insured.
_________________
Can I say I’m working if I stare blankly at my computer all day? |
|
Dasfuk
Senior member
Joined: 27 Feb 2008
Posts: 597
Location: Ohio
24.03 Dollars($)
|
|
| Posted: Tue Jun 09, 2009 6:02 am Post subject: |
|
|
Hi unitedinsurancegroupct,
| Quote: | | If the adjuster fails to identify a potential risk during an inspection and there is a claim in the future arising out of that particular unidentified hazard, then the claim would be paid, jsut as long as if it was normally covered under the policy. |
Would they meet the claim in full? Would it go through any investigation process?
Steven |
|
steven
Senior member
Joined: 02 Feb 2006
Posts: 1553
215.65 Dollars($)
|
|
| Posted: Tue Jun 09, 2009 11:18 am Post subject: |
|
|
| Quote: | | which made it so nice to deal with the insured. |
| Quote: | | Would they meet the claim in full? Would it go through any investigation process? |
Steven, read my response to this, this is not an accruate statement..
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
|
Lori
Moderator
Joined: 10 Sep 2007
Posts: 8173
Location: Missouri
287.90 Dollars($)
|
|
| Posted: Wed Jun 10, 2009 8:53 am Post subject: |
|
|
| Quote: | but if a claim arrises while that policy is in good standing that claim is paid, I don't care how many letters were sent to the insured telling them to fix this or that...
|
So, I get that the claim would be settled without further negotiations..
Steven |
|
steven
Senior member
Joined: 02 Feb 2006
Posts: 1553
215.65 Dollars($)
|
|
| Posted: Wed Jun 10, 2009 11:04 am Post subject: |
|
|
| Quote: | | So, I get that the claim would be settled without further negotiations.. |
yes, this would not enter into the claim resolution AT ALL
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
|
Lori
Moderator
Joined: 10 Sep 2007
Posts: 8173
Location: Missouri
287.90 Dollars($)
|
|
| Posted: Wed Jun 01, 2011 7:13 pm Post subject: LSPhhLCSBjc |
|
|
Demand repair.. WTF? 
_________________
Register Now to have your Insurance queries solved. |
|
www.ampminsure.org
Guest
|
|
| Posted: Fri Jun 03, 2011 3:20 pm Post subject: NxCnwXLFavDFtKo |
|
|
Demand repair.. Awesome
_________________
Register Now to have your Insurance queries solved. |
|
www.ampminsure.org
Guest
|
|
| Posted: Wed Aug 24, 2011 2:38 am Post subject: oBvfrkbYOCAsy |
|
|
I can already tell that's gonna be super hpelful.
_________________
Register Now to have your Insurance queries solved. |
|
Frenchy
Guest
|
|
Previous 1, 2
