-Wisconsin-
I am the beneficiary of a small estate, not Personal Representative nor Executor. I have paid for home & car insurance on behalf of the estate.
In the beginning, I explained to the Insurance company that the estate is in probate, but I would receive titles. I have paid in for 9 mos. (receiving reimbursement from the estate.) In a recent conversation with the Ins. co., I stated that I still have not received titles to home/car. The Insurance company stated that they would no longer insure it, not understanding that I did not hold title (comparing this to me insuring a neigbour's home).
I asked the Ins. Co. that if something had happened, would they have held up their part of the "contract". They stated they would have since it was their mistake for not covering all their bases and asking questions that would have cleared this up in the beginning. Because of this statement, I did not ask for reimbursement.
I have been told by friends that this is B.S. from the Ins. Co. and that the estate should be reimbursed. Any thoughts?
Thank you for your time & advice,
"Xena"
I am the beneficiary of a small estate, not Personal Representative nor Executor. I have paid for home & car insurance on behalf of the estate.
In the beginning, I explained to the Insurance company that the estate is in probate, but I would receive titles. I have paid in for 9 mos. (receiving reimbursement from the estate.) In a recent conversation with the Ins. co., I stated that I still have not received titles to home/car. The Insurance company stated that they would no longer insure it, not understanding that I did not hold title (comparing this to me insuring a neigbour's home).
I asked the Ins. Co. that if something had happened, would they have held up their part of the "contract". They stated they would have since it was their mistake for not covering all their bases and asking questions that would have cleared this up in the beginning. Because of this statement, I did not ask for reimbursement.
I have been told by friends that this is B.S. from the Ins. Co. and that the estate should be reimbursed. Any thoughts?
Thank you for your time & advice,
"Xena"
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