Thursday, January 11, 2007

Quote of Auto Home Insurance

You may have seen the preliminary findings of Government research last week (to be announced Nov/Dec) showing that 30 percent of house sales fall through AFTER professional fees have been incurred . We have a client who believes that solicitors/estate agents are certain to start losing business if they don't automatically offer Home Buyers Insurance to their clients
If you have a question about coverage, contact your agent first, not the insurance company. We have seen instances where a client calls a company directly with just a simple question, and then a claim gets turned in, and there really was no claim, no damage, and it was a lot of work to get it cleared up, said Ludwig. We tell people to call us first, because when you think about it, theyve been paying premiums all these years, and they are looking for their, quote-unquote, payoff for a claim, and theyre a little disappointed at times when we tell them to really think about it. Because most people carry that $1,000 deductible, and if theyve got a claim for $1,100, were telling them not to turn it in. (Its an excuse for the company to drop their coverage). Thats why were seeing a large increase in $2,500 deductibles.

Tags:
Home Buyers Insurance

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