In Need of Rental Home Owners Insurance

In Need of Rental Home Owners Insurance

South Windsor, CT · Member since 2017 · 1 post · 0 votes

Current HO policy trying to force me to install 2nd egress from 3rd floor attic apartment.  While I understand it's necessary I would be the only 3fam with an exterior stair case in entire town.  Have had property 5 years now and curious why this year it's an issue?  Have had several policies in past never mentioned it's an issue.  Before spend thousands wanted to hear BP thoughts of possible solutions.

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  • Manhattan, KS · Member since 2017 · 34 posts · 23 votes
    8y

    I would shop if I were you. Underwriters vary within a company and for sure are different between companies. 

    I would be proactive about it, you need to shop before they non-renew you... that way you can honestly answered "NO" to the question, "have you ever been canceled or non-renewed for any reason" 

    If you answered yes, you would then have to disclose the issue from the old carrier and then the new carrier would probably want you to add the stairs just to be safe. 

    Hope this helps. I have 5 years of being an agency owner as expirience. 

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