Posted By |
Message |
skew
LIF Adult
Member since 5/05 6794 total posts
Name:
|
Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
i also have umbrella and auto with them. SO, since they decided to drop my home owner's insurance, i am canceling all policies.
now i have to deal with finding a new company. going to be a painstaking task as many companies aren't even writing new HOI policies.
Message edited 3/24/2008 8:33:15 PM.
|
Posted 3/24/08 8:32 PM |
|
|
Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
Shorty
.
Member since 5/05 30390 total posts
Name: really
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
ahh! I hear that all day long!
I work for State Farm and we've been getting TONS of Travelers and Allstate customers.
|
Posted 3/24/08 9:16 PM |
|
|
Goobster
:)
Member since 5/07 27557 total posts
Name: :)
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
But why are they dropping you? Do you have flood insurance too?
I don't blame you, I would cancel it all too.
|
Posted 3/25/08 8:14 AM |
|
|
brandy11
LIF Infant
Member since 5/07 164 total posts
Name:
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
I am hearing this from alot of people that their HOI is being canceled. I called my INS and asked why mine took a $205 increase no claims while the most increase I ever had was $80. My INS said they are expecting a hurricane to hit Long Island. They must have a crystal Ball. I replied if we don't will I be reimbursed. Then the Agent said blame the Politics. IMO We have to help pay for Katrina.
|
Posted 3/25/08 8:35 AM |
|
|
LisaW
Time for me to FLY!
Member since 5/05 13199 total posts
Name: Did I ever tell you that I hate people?
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
Great, we have Travelers
|
Posted 3/25/08 8:42 AM |
|
|
LadyH
April Baby Girl is Here!
Member since 12/07 1077 total posts
Name:
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
Posted by brandy11
My INS said they are expecting a hurricane to hit Long Island.
Yes, that is what they told us. We have until June to find new HOI.
Message edited 3/25/2008 9:47:51 AM.
|
Posted 3/25/08 9:47 AM |
|
|
Chrisnamy
Summer is coming soon
Member since 1/07 3991 total posts
Name: Amy
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
They cancelled out policy last year! We had to find new insurance.
|
Posted 3/25/08 10:11 AM |
|
|
ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name: That Led To The Wrong Tendencies
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
Posted by brandy11
I am hearing this from alot of people that their HOI is being canceled. I called my INS and asked why mine took a $205 increase no claims while the most increase I ever had was $80. My INS said they are expecting a hurricane to hit Long Island. They must have a crystal Ball. I replied if we don't will I be reimbursed. Then the Agent said blame the Politics. IMO We have to help pay for Katrina.
I got hit with a $200 increase from Liberty Mutual but I didn't complain because I knew when I signed with them in 2005 I was given a SWEET deal.
They were literally HALF of what I was quoted from State Farm.
|
Posted 3/25/08 10:50 AM |
|
|
MrsRivera
2 under 2...whew!!
Member since 2/07 9876 total posts
Name: Beth
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
That's terrible!!!!!!
We have Traveler's as well...we just received our renewal notice yesterday. BUT, we now live in NC, where I guess we are less "hurricane-prone".
|
Posted 3/25/08 11:54 AM |
|
|
skew
LIF Adult
Member since 5/05 6794 total posts
Name:
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
called my agent and she said they will to renew but at a rate increase. she will let know the increase in a couple of days and shop around as well.
|
Posted 3/25/08 1:01 PM |
|
|
Faithx2
All good things in 2016!!
Member since 8/05 20181 total posts
Name:
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
I got the call 3 weeks ago that my Allstate dual auto/home policy was dropping the home. I am cancelling both as well. So annoying!!
|
Posted 3/25/08 2:06 PM |
|
|
Blazesyth
*yawn*
Member since 5/05 8129 total posts
Name:
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
Posted by BlessedMommy
I got the call 3 weeks ago that my Allstate dual auto/home policy was dropping the home. I am cancelling both as well. So annoying!!
I just got this call today from our Allstate office. I asked how many people it's affecting and she said at their office alone they are not renewing about 10 policies a month.
|
Posted 4/2/08 12:45 PM |
|
|
KLSbear
LIF Adult
Member since 1/06 1908 total posts
Name: Karen
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
Posted by skew
called my agent and she said they will to renew but at a rate increase. she will let know the increase in a couple of days and shop around as well.
That's essentially what happened to us too. Our agent told me that because of the rate increase they have to cancel one policy and issue another. We ended up changing our deductible as well. Since making small claims makes you undesirable anyway, it didn't make sense to have a low deductible. We also added flood insurance to our list of insurances - not that we're too concerned being about 2 miles from the water, but the flood zones are being re-drawn and if you have flood insurance now your zone is grandfathered in. If we get re-drawn to a riskier zone we'd get stuck purchasing at a higher rate and it could be required if we're in a risky zone.
|
Posted 4/2/08 7:52 PM |
|
|
mrsmck
Be a big girl!
Member since 5/05 4898 total posts
Name: Donna
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
We have them and haven't gotten anything in the mail yet.
|
Posted 4/2/08 10:07 PM |
|
|
BRod-Cheng
I'm going to be a big brother!
Member since 6/07 1860 total posts
Name: Betty
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
We also had to switch insurance carriers because Travelers was no longer issuing home insurance. We went to State Farm.
|
Posted 4/2/08 10:49 PM |
|
|
Mommy2Boys
My Boys!!!!
Member since 6/06 14437 total posts
Name: C
|
Re: Anyone else receive a letter from Travelers in re: to non-renewal of HOI?
Alot of insurance policies are being dropped b/c they think we are going to get a hurricane like Katrina and they couldnt rebuild their homes or fulfill all their claims, so they feel they definetely wont be able to fulfill everyone's on LI...they would go broke doing it due to the cost of houses here.
|
Posted 4/2/08 11:21 PM |
|
|