Unfair Insurance Policy Denial

[bnwbaron]

What is the name of your state (only U.S. law)? Ca and TN

Hello,

I recently received a cancellation from State Farm on a rental policy in the state of Tennessee. I realize can't force a company to insure me, but I am frustrated for the reasons they are cancelling me.

A couple years ago a renter moved out of a Utah house of mine, left an unattended leak in the basement and a $5,000 claim resulted.

This year, at a Tennessee house, my new GE dishwasher sprung a leak while the renters were at work and once again a claim resulted. This one for approx. $3,000.

Though neither is technically my "fault" the Utah claim being on my record I understand, the other from Tennessee really irritates me. GE accepted responsibility for the faulty part and immediately paid me back for the deductible. My insurance company is seeking reimbursement for the claim. The adjuster acknowledged it was beyond my control. They canceled me anyway.

Now, a month after insuring me on the TN property, State Farm has cancelled me based in part on the Tennessee claim which is clearly GE's fault.

What the heck am I supposed to do here? Is anyone going to insure me? Can I appeal this insurance company rap sheet? Who even maintains it?

Thanks, BrianWhat is the name of your state (only U.S. law)?

 

[moburkes]

What is the name of your state (only U.S. law)? Ca and TN

Hello,

I recently received a cancellation from State Farm on a rental policy in the state of Tennessee. I realize can't force a company to insure me, but I am frustrated for the reasons they are cancelling me.

A couple years ago a renter moved out of a Utah house of mine, left an unattended leak in the basement and a $5,000 claim resulted.

This year, at a Tennessee house, my new GE dishwasher sprung a leak while the renters were at work and once again a claim resulted. This one for approx. $3,000.

Though neither is technically my "fault" the Utah claim being on my record I understand, the other from Tennessee really irritates me. GE accepted responsibility for the faulty part and immediately paid me back for the deductible. My insurance company is seeking reimbursement for the claim. The adjuster acknowledged it was beyond my control. They canceled me anyway.

Now, a month after insuring me on the TN property, State Farm has cancelled me based in part on the Tennessee claim which is clearly GE's fault.

What the heck am I supposed to do here? Is anyone going to insure me? Can I appeal this insurance company rap sheet? Who even maintains it?

Thanks, BrianWhat is the name of your state (only U.S. law)?

You had a bad agent, not a bad insurance company. If your agent had reviewed the underwriting guidelines PRIOR to binding your policy, he wouldn't have written it in the first place. State Farm is cancelling because their underwriting guidelines state that they will not accept 2 or more water losses. Now, I don't work for State Farm, so I don't have access to their guidelines, but your agent does. No insurance company likes water claims. They tend to "grow" into other claims (think mold).

Contact Foremost. Foremost.com. They will insure both properties.

 

[tammy8]

Sorry for your bad luck. Water, fire, theif and liablity are claims that rarely qualify you for a new policy of any type. And I don't work for State Farm but another of the big 3, and just last week I lost a customer because they had a water claim that paid out less than $1000.

Like MB said, call foremost. They will insure pretty much anything.

 

[You Are Guilty]

What the heck am I supposed to do here? Is anyone going to insure me? Can I appeal this insurance company rap sheet? Who even maintains it?

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