Comments on: Policy Forms

By: admin

admin — Thu, 26 Aug 2010 07:00:36 +0000

Mark,
Your passion and comments are appreciated, but try not to get too upset about the “free” advice given by the generous contributors here. It’s not like the contributors are handling entire claims “pro bono” like some lawyers do.

On a different note, do you, or any reader here, have any idea as to why the “Rate Your Adjuster” page in this blog has not taken off, considering most visitors are already “unhappy campers”?

By: Mark

Mark — Thu, 26 Aug 2010 05:53:20 +0000

To Admin:

FYI

Re: All the Expert IAs and Contractors who Really do NOT know Very Much

I took the Program In General Insurance back in 2006. Regarding ISO policies; Loss of Use According to the IIA was increased to 30% of Cov A.

Furthermore, every single insurance policy is different. Just because in the State Farm form 7955 (covers food in a refrigerator as personal property for the same causes of loss in a Special Form policy as well as covering food for an Off Premises Power Failure does NOT mean every insurance company will do so!] But these contractors run around telling their roof salesman during a hurricane that they can get an extra $500 for food spoilage. Which is another one of those stupid facts that an ARROGANT IDIOT will spout off.

Policy Form 7955 is what __Claim Service sells to its prospective IAs who want to get State Farm certified to handle HO 3 claims.

Anyway… I am planning to become a Certified Paralegal so that I can work for a Plaintiff’s Attorney when I do not feel like chasing hail storms some place in the USA as a roofing salesman.

By: Mark

Mark — Thu, 26 Aug 2010 05:31:23 +0000

As an insurance agent, independent adjuster and roofing salesman who has spent thousands of dollars for my insurance knowledge and experience my question to you is why give these people FREE help? I know it is a nice thing to do but after looking at some of the excellent material that you have studied and pay a lot of money for it is unfair to yourself to help these people for free. But if it makes you happy then keep on doing it. Though I might have an AIC designation I gotta admit IRMI and Rough Notes have got the best books.

By: admin

admin — Sun, 01 Aug 2010 07:52:08 +0000

Lynn,
Just keep it simple and non demanding. Write “Attached are 3 estimates for your consideration from contractors of our choosing.”

You should copy paste some of your UClaim comments to the UClaim.com Feedback page.

By: Lynn

Lynn — Mon, 26 Jul 2010 13:54:30 +0000

Good Morning!
My home suffered a major fire in December ‘09. Our Homeowners Insurance is RCV on Dwelling and Content and we also have ALE. We purchased the UClaim.com eBook Homeowners Loss Deluxe and it has been a huge help – I don’t no what I would have done without it. We have collected the policy limits on the contents coverage and I fully credit UClaim for that along with some sweat and many tears on my part. My husband and I want to rebuild our home. My insurance adjuster has sent us a repair estimate for our dwelling along with a check for about 80% of the policy limit. The adjuster has determined that the four walls and slab should stay. The house was built (CBS) in 1959 and since over 50% of the home was destroyed we will have to bring it up to code (South Florida). We have received 3 estimates from 3 different contractors to make the ‘repairs’ according to the estimate. All 3 estimates are higher than the 80% payout by the insurance. We would like to realize the fully policy limits on the dwelling. Our plan is to send the 3 estimates to the insurance adjuster but I am a little stuck on what my letter should say and how to word it.
Thank you for any advice you may be able to offer.
Sincerely Lynn.
PS We have not hired a public adjuster.

By: Gabriel Ellis

Gabriel Ellis — Wed, 12 May 2010 01:32:22 +0000

After the Typhoon Katrina incident, we always make sure that our home is always insured that is why we always get premium home insurance. ~,:

By: admin

admin — Thu, 08 Apr 2010 01:35:51 +0000

Carmine,

Doesn’t the endorsement tell you?

By: Carmine

Carmine — Mon, 05 Apr 2010 14:45:26 +0000

What is the limit of coverage I can get with the HO 04 77 04 91 Ordinance or Law endorsement. I also have the HO 00 03 04 91 policy.

By: admin

admin — Mon, 05 Apr 2010 04:53:36 +0000

Bob,

Unless you can show the mold was from a “sudden and accidental” loss, it does not look like you will get coverage. And even if you do find a way, most policies now days have a small mold policy limit, for example $5,000.00. See if your policy has a clause that covers “hidden damage”.

By: Bob

Bob — Wed, 31 Mar 2010 18:11:54 +0000

I bought a place 1 1/2 years ago. I now find there is extensive mold in the attic (underside of roof plywood) due to moisture build-up, due to poor ventilation. I am being told I need to replace the roof completely. Home insurance policy says it covers water damage but not mold. Is this my only approach?