The latest Cavalcade of Risk is posted with my new article about wacky insurance claims submitted in 2011 included.
View it here.
Where Insurance is an Art
The latest Cavalcade of Risk is posted with my new article about wacky insurance claims submitted in 2011 included.
View it here.
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, excessive cliams activity is a valid and allowable reason for cancellation.There is a possibility that he can find a non-standard company that might offer the coverage. It won’t be easy and it wont be as cheap as what he is used to paying for homeowners insurance.The worst case scenario would be that he would have to apply for the FAIR plan in his state. The FAIR plans offer basic property insurance to persons who have an insurable interest in real or tangible personal property and who have been unable to secure such insurance from the voluntary insurance market. The coverage offered is much more basic and is more expensive than what is available in the voluntary market. The state does not fund the FAIR plan it is, instead, funded by all the insurance companies that operate in your state.