allstate not renewing my home owners policy.....now what

[Banned_Princess]

You guys are going on for no reason.

No changing her last name would NOT confuse the companies, unless your social security number changed, and if you have proof the new last name is the new owner of a house, the information stands, and the surcharges stand, the blacklist stands.

The state probably provides limited coverage for a maximum price until you are eligible for the voluntary market again.

 

[Country Living]

Unless I'm missing something - and it has been a very long time since I worked in insurance - if her name is on the deed then the insurance company already knows about her.

The OP could pay off the mortgage, drop the insurance, and be happily self-insured. Well, "happily" until the first hail storm, fire, being sued for whatever reason, tornado, etc.

 

[moburkes]

Not quite, ecmst. The OP reports that the insurers "cancelled" the policy. The latest quote is not a raising of premiums (a regulated activity). They are simply quoting anew. It does appear that Allstate is viewing that as a "law of the jungle" activity, [they can do what they want because they are the 800-lb gorilla], so "willy nilly" is not that far off the mark.

Allstate is notorious for cancelling contracts of insurance after property claims. On the face of it, that seems to be a business decision to set up the format wherein the funds paid out in claims can be neatly recouped. "Legal?" Apparently their in-house counsel concludes so. But it does stand the concept of insurance on its head (spreading and sharing the risk, etc).

After this I do not propose to comment further. The OP is long gone. You fellows have a nice day, now.

No need to respond, but OP likely used the wrong word. People not in insurance tend to use the wrong word often. This policy was nonrenewed, not cancelled. Allstate would defeat their own purpose if they cancelled him for too many claims, then requoted the same policy. If 2 claims is too many to renew, it is most definitely too many for new business.