What do the people do when there are no decent homeowners insurance companies available?

  • by Jeancommunicates
  • Sep 19,2017
  • 8 answers

What do the people do when there are no decent homeowners insurance companies available?


LIKE OR DISLIKE:

  

Insurance Answers (8)

mbrcatz 2 months ago

They step back, look at how they define "decent", and consider whether they might have unrealistic expectations. And if they're reasonable, they'll re-define their expectations.
Because, hey, if you've got ONE set of expectations, and 20 insurance companies all have another set . . . it's you're ideas that are wrong.

Help others find the most helpful reviews
Was this review helpful to you?  

Casey Y 2 months ago

Your idea of decent and mine likely vary.
Are you worried about rate, coverage, claim handling, solvency? What, exactly, do you mean by decent?
Generally, if the standard companies wont write you (for whatever reason...usually claims), you end up in either the state plan or with a policy through Lloyds of London.

Help others find the most helpful reviews
Was this review helpful to you?  

StephenWeinstein 2 months ago

They buy insurance from a company that is not decent.

Help others find the most helpful reviews
Was this review helpful to you?  

Judy 2 months ago

Take the best you can find

Help others find the most helpful reviews
Was this review helpful to you?  

R P 2 months ago

They go with the most affordable policy that fits their needs.

Help others find the most helpful reviews
Was this review helpful to you?  

Steve D 2 months ago

Depends on your definition of decent. There are plenty of homeowner's insurance companies that have reasonable rates with good coverage. And, of course, if you have (or are planning on getting) a mortgage, you cannot go without insurance (try it and wait until you see the bill you get from your mortgage company). Basically, you need to identify 3 - 5 companies and call around to price premiums.

Help others find the most helpful reviews
Was this review helpful to you?  

regerugged 2 months ago

Hire an indecent one.

Help others find the most helpful reviews
Was this review helpful to you?  

Stoo 2 months ago

They buy what they can, since most people with mortgages have no choice.

Help others find the most helpful reviews
Was this review helpful to you?  

Post a Answer

Your comment was successfully posted!

Or use your account on Blog

Error message here!

Hide Error message here!

Forgot your password?

Or register your new account on Blog

Error message here!

Error message here!

Hide Error message here!

Lost your password? Please enter your email address. You will receive a link to create a new password.

Error message here!

Back to log-in

Close