There’s an old adage He Who Has the Gold Makes the Rules aka ‘ The Other Golden Rule’. Nothing could be further from the truth in this scenario so the best answer here is ‘It depends’.
Regardless of payment to a claimant; whether or not you file or don’t ultimately file the claim; or whether it is denied or accepted; a call to your insurance company will most likely end up on your report. If you’ve experienced a property loss (flood, fire, etc.) it doesn’t necessarily mean you should file an insurance claim. Here are a couple of things to think about before you file an insurance claim:
NC insurance customers irked by policy linking their Auto Policies to their Homeowners Insurance Policies. This year, two of the most popular underwriters of homeowners insurance policies in North Carolina – Allstate and N.C. Farm Bureau – have adopted underwriting guidelines that link homeowners policies with auto policies across the state. Read more:
The Escrow Department will likely be the same department that will cash and hold your insurance claims check. Don’t be surprised if your bank/lender actually place a hold on the check for up to five business days due to the protential for fraud given the number of mass losses that have occurred recently.
Title insurance is quite possible one of the least understood types of insurance. The simple truth is because when you purchase your dream home you aren’t actually buying a lovely 3 bedroom Ranch or Victorian style home on a cul-de-sac in a quiet Raleigh neighborhood.
Contents What Private Mortgage Insurance and why do I have it?Years ago when your grand parents bought a home they saved each extra penny they could until they had enough for a down payment that was equal to at least 20% of the price of their dream home. What Private Mortgage Insurance and why do I have it? Years ago when…
You’ve settled your claim with your home owners insurance agent and you have an insurance settlement check but it’s made out to you and your mortgage company; How do you cash it to pay for the repairs
Raleigh, NC – Headlines have done little to make real for most of us what devastation, loss of life and economic livelihoods have occurred because of these disasters. It is hard for me to recall a time in my adult life that so many natural disasters have occurred in such a compressed period of time. To me it seems…
Scam artists are nothing new, but there are plenty of reasons to predict there will even more of them due to tough economic times. While they tend to prey on the elderly, anyone who is not cautious and informed is a potential victim. Your best defense is a skeptical mind and knowing what to look out for when you hear that offer that’s “too good to refuse.” Here are some of the most popular, and costly, home improvement scams.