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Updated 7 months ago on . Most recent reply

User Stats

22
Posts
3
Votes
Robert Niessen
  • Furlong, PA
3
Votes |
22
Posts

Insurance remedies asked after coverage started

Robert Niessen
  • Furlong, PA
Posted

Hi BP community,

Has anyone had this happen to them? I recently switched insurance carriers for two of my rental properties and about two months after coverage started, I received a letter for each property with a list of items to be remediated within 40 days or coverage would be revoked. The list of items will probably cost me $15k and take more than 40 days to arrange given that I have a full time W2. If the company isn’t willing to insure as is, it should be stated upfront!

Welcome everyone’s thoughts

Thanks,

Rob

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