Have you just had a visit from your home insurer for a routine inspection of your home and feel disappointed? You’re not alone. People are usually less than enthusiastic about receiving this kind of unannounced visit. However, the inspection is beneficial and is carried out solely in your best interests.
First of all, we understand that you may feel irritated when an inspector comes to your home to inspect it. However, it is important for you to know that when your insurance company visits and assesses your home, it is to protect you from unpleasant surprises in the event of a claim. By assessing your home, the insurer is 100% aware of the risk it is insuring. Contrary to what you may believe, this is a very good thing for you!
Why is it so important to follow the recommendations?
Your insurer may require you to make recommendations because they consider the situation too risky for them to pay out in the event of a claim. In such a situation, the best advice AMR Multi-Risk Insurance can give you is to make these recommendations to prevent your home insurer from canceling your home insurance policy. If your insurer only gives you 30 days to implement the recommendations and you don’t have enough time to do so, we strongly suggest that you contact your insurer or, better yet, your broker to set up a schedule.
Be aware that an insurance broker may be able to better defend your case with the insurer and negotiate an extension in your favor. In addition, avoid procrastinating and ignoring recommendations, as this could cause you more insurance problems than you think. You run a high risk of having your home insurance policy canceled by your insurer, and you will inevitably have to find a new insurer, but this time one that specializes in substandard insurance. Such insurers are not easy to find.
What’s more, there’s a good chance that this new insurer will still require you to follow the recommendations, which will mean that your home insurance premium will definitely be higher than with a regular insurer. Please, never lie to your insurance company. Don’t tell them you’ve made the recommended repairs if you haven’t, because they could refuse to pay your claim, citing increased risk, and cancel your insurance policy for misrepresentation. You know what they say: the truth always comes out in the end!
How can I get reinsurance following a contract cancellation?
Has your home insurer just canceled your insurance policy because you haven’t followed their recommendations? Contact an independent insurance broker specializing in substandard insurance to help you find a new insurer! In the meantime, we can give you some advice.
To find a new insurer quickly and at the best price, you must follow these recommendations, as you will need to prove to your future insurer that the termination of your contract with your previous home insurer was simply a mistake. You will also need to be patient, as unfortunately, building a relationship with a new insurer does not happen overnight.
So, be patient and act like a good citizen by making your recommendations, and then everything should go smoothly!