Just got done firing off a letter to the MN Dept. of Commerce about their handling of domestic insurance
and of lack of proper communication to my household of the discontinuation of my home/auto insurance.
(They are one of many leaving the state of MN altogether and will no longer have Home/Auto coverage here.)
I have asked them, (my insurance co.), to never send me letters by way of the USPS because,
my home shares the exact same house number with two other homes just a very short distance away. (!)
I NEVER received an official notice in the post or even online! (which is irresponsible.)
So...I found out in the Twelfth Hour through my agency that,
my insurance were not renewing my policy leaving me 1 month to fix
a few problems before I could be insured by anyone new, without the $$ to do so!
I have been checking for every single loophole I can....And I did find a few.
According to county codes, I have now effectively made repairs and am open for becoming re-insured.
Fingers....Toes.....Arms....legs and eyes all crossed for better fortune ahead!
Bottom line-----There are several things happening with personal insurance companies leaving customers
to fend for themselves after dropping coverages and declaring bankruptcies.
Let's not get started on the cost of Principals and the ever increasing costs of having insurances.
To US occupants whom have personal insurance....Keep an eye on your documentation and
watch out for very increased payments ahead.
The insurance bankruptcies have only just begun according to my agent as their reinsurers start cutbacks.
If you think that you're not going to be affected by a disaster halfway across the nation....Think again.
Word.
UPDATE
I had been receiving notices of insurance default from my mortgager and threatened with legalities
surrounding the fact that I had no insurance, (no thanks to unitrin or the state of MN Commerce whom protected my insurance co.
by saying it's "not a requirement to directly inform Minnesotans of impending insurance changes by using means
other than JUST snail-Mail!).
I had to get legal back, this time.
I went online constantly to assure my mortgage that they were properly informed by fax of these changes
on the 12th day of April by my Insurance Agent whom had the evidence of receipt of said fax.
I stayed in touch with my new insurance whom claimed that they NEVER received the escrow payment
from my (inept) mortgager or their respective escrow dept. WHEN...They actually DID SEND the payment.
Meanwhile mortgager sent me a Howler through the USPS that I was again in default of having no insurance!
But.....THEY PAID THE INSURANCE THROUGH MY ESCROW ACCOUNT....I guess they forgot, Eh??
I finally called my agent directly and said I was hiring a lawyer to get communication across to them BOTH!
Bottom line is,
mortgager is going through changes at the moment and have to move everything to the new domain(s)
and this is involving thousands of accounts....So my information became lost in the shuffle.
Not my problem....They threatened ME.
They were charging me for default insurance
they provided themselves....When, It wasn't needed!
Their respective departments were not communicating with each other at all
and they were threatening me??
After laying all my evidence on the table, I threatened to sue.
Miraculously....The correct payment reached my new insurance and
the changeover occurred on the 9th day of May, 2024.
Otherwise, I would have been in direct violation of Ins. Default on the 10th.
My insurance agent, whom had my back this whole time,
called me direct to inform that I am now fully insured.
FFS!!! What the h*ll has happened to communication with these so-called professionals ??
If you want something done....
You have to do it yourself.
It's been months of pure hell and I am delighted that it's over!!!!!!!