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My homeowner's insurance paid when I had a full semester's worth of books stolen from my truck while I was at work. They didn't pay for the damage to the vehicle from the break-in, but they did pay for the contents.
My mother's dog ate her wedding rings and her homeowner's insurance paid for it. They didn't ask for the dog to be turned over to them.
They cover all these nonsense things for rich people like spoiled wine but they don't cover important things for real people. Then of course there is the deductable. Every time you turn around they either raise your rate, rasie your deductable or both. Probably to pay for someones wine or marijuana or the big fat salary and bonus of the executives of the company.
It's what they don't cover that counts to me. If the would cover things that made sense instead of things that don't make sense we would all be better off. A few years ago when the tree in my yard fell on my pickup I found out that not only was I not covered to get my pickup fixed but the tree itself wasn't covered either. I could collect to have the tree removed but wait that meet the deductable.
I have been trying to get our insurance company to repair our kitchen floor after the dishwasher leaked and ruined the floor. I don't know what I have been paying for (about 15 yrs ago an agent came out and gave us what he thought was the best coverage and I have never had any reason to doubt it until now). LONG story short, the company wants to remove my cabinets and countertops but not REPLACE them and they don't want to fix the floor underneath where the dishwasher leaked. Basically they want to rip up the vinyl and replace that not taking into consideration the damage the subfloor has substatined. I'm not asking they pay for a new kitchen and I understand they won't cover the dishwasher replacement, but don't you think they should fix the floor where the problem originiated? I'm very confused and frustrated.
Hmm, I wonder if there's a "recovery fee"?
As a contractor, I have completed many insurance claims, over 2,000. Many times people purchase the cheapest policy and don't read the declarations and exclusion pages. I know, they are lengthy. But when you get three quotes and the third quote is way cheaper than the other two, something is wrong.
Most insurance adjusters will give the insured the benefit of the doubt. Some homeowners feel a sense of entitlement and consider insurance premiums as a savings account rather than protection. Some homeowners try to get contractors to inflate the loss so the deductible can get covered. That is illegal for both parties. It is a tricky business. However, if you believe you have been treated unfairly there are options such as hiring a Public Adjuster (who gets a percentage of the funds), hiring an attorney, or filing a complaint with the Insurance Commissioners office. Most states also permit Mediation and Arbitration to avoid costly litigation.
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Redrawn lines between full- and part-timers at Sodexo decide who is eligible for coverage.
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