Posted by Ron (MD) on November 26, 2000 at 19:15:32:
Hector,
Judging by your astute questions and comments, you appear to be quite the expert on property/casualty insurers.
Zurich is by a significant margin the biggest insurer of contractors and homebuilders in the U.S.
Ron Guy
Insurance Co.'s keep dropping me. HELP!!! - Posted by Lora
Posted by Lora on November 26, 2000 at 17:00:37:
I just bought a house over the summer which needs A LOT of repairs. I want to eventually use it as a rental property. My first insurance company dropped me a month ago because of petty things they complained about that had actually been repaired before I was dropped. They still dropped me because no one is living in the house.
The second company signed me up immediately a month ago, I was so relieved. My first policy hasn’t even been cancled yet and I get a notice in the mail that my 2nd policy will be cancelled a month later. They say my house is still old.
UGH!
I don’t know what to do. I guess I should just get dwelling insurance. Does anyone have suggestions of websites I can go to who can help me find a company that will insure older homes? Or where I can get decent dwelling insurance?
I’m so frustrated!!!
Thanks!
Re: Insurance Co.'s keep dropping me. HELP!!! - Posted by TC
Posted by TC on November 27, 2000 at 10:19:04:
Laura,Definatly check into Zurich.Ben enlighten me to contact my agent to find that they will insure rehabs.
ARP of below 65k it will cost me $250 for the year.
I agree with Robert… - Posted by Carol
Posted by Carol on November 26, 2000 at 18:46:03:
about finding an agent … then let the agent worry about finding the proper company.
Carol
Zurich - Posted by Ron (MD)
Posted by Ron (MD) on November 26, 2000 at 18:14:35:
Lora,
Look for an independent agent that represents Zurich Insurance. I pay $275-$300 per year to insure fixer-uppers I’m working on. This is a builders’ risk policy written with rehabbers/remodelers in mind.
Ron Guy
Try these guys! - Posted by CArl
Posted by CArl on November 26, 2000 at 17:30:19:
Call 1-800 TITAN-UP They’ll insure anybody!
CArl
Don’t do them guys! - Posted by Hector
Posted by Hector on November 26, 2000 at 18:45:36:
Better off using the bigger names. Zurich? Are they new or what? Never heard of them!
Hector
Wait a Minute! - Posted by TC
Posted by TC on November 26, 2000 at 23:34:54:
Zurich is a very big name in the underwriting.But from my understanding they will not underwrite on rehabs.I beleive that falls under a vacancy policy.
I do stand to be corrected if anyone can tell me any different.
Hector WHERE have you been?? - Posted by Ben
Posted by Ben on November 26, 2000 at 20:59:35:
Zurich is VERY big and very well respected in the underwriting industry!! They’re HUGE!!
Ben