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Insurance Question

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Pumpkin1
LIF Adult

Member since 12/05

3715 total posts

Name:

Insurance Question

Looking for some advice, since I don't want to "cut off my nose despite my face."

I made a change to my car insurance and I am not happy with the premium increase. Now, I have my 2 cars and home insurance through this insurance company.

I got a quote from different insurance company, which was better. Now, I am considering changing the insurance for that car and maybe even my other car.

Now, if I drop my car insurance but keep my home owner's insurance, I am risking have my homeowner's insurance dropped? I know the plight many are having getting homeowner's insurance on LI and I don't want to save a few bucks now on car insurance and get dropped/slammed for homeowners because of it.

Any advice?

Posted 8/18/09 9:43 AM
 
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Smileyd17
kids

Member since 5/05

20997 total posts

Name:
Mommy

Re: Insurance Question

Why would your homeowners be dropped?
Because you are removing your cars?
or due to being in a coastal area?

The rate will increase since you are removing your cars and loose a multi line
discount.

Posted 8/18/09 9:59 AM
 

Pumpkin1
LIF Adult

Member since 12/05

3715 total posts

Name:

Re: Insurance Question

I recall hearing or reading somewhere that companies will only insure if they are providing all of your insurance. If that is the case, I was nervous about canceling the car insurance. I just wanted to know if anyone had experience with this or if anyone canceled car insurance without it affecting their homeowners.

Posted 8/18/09 12:17 PM
 

ali120206
2 Boys

Member since 7/06

17792 total posts

Name:

Re: Insurance Question

What company is your insurance currently with?

Posted 8/18/09 12:31 PM
 

Pumpkin1
LIF Adult

Member since 12/05

3715 total posts

Name:

Re: Insurance Question

State Farm.

Posted 8/18/09 12:47 PM
 

Smileyd17
kids

Member since 5/05

20997 total posts

Name:
Mommy

Re: Insurance Question

Posted by Pumpkin1

State Farm.



The company will not cancel your home if you pull cars away.


Posted 8/18/09 12:48 PM
 
 

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