- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Anyone get a check from Louisiana Insurance Guaranty Assoc (for United Prop Ins mess) ?
Posted on 7/20/23 at 12:46 pm
Posted on 7/20/23 at 12:46 pm
Nice surprise in the mail eh.
9
Posted on 7/20/23 at 12:58 pm to The Mick
What you talkin bout Willis ?
Posted on 7/20/23 at 1:01 pm to Jaydeaux
This is a refund of any unearned premium you paid. For example if you had 3 months left on the policy when they went under you will get some of that money back.
Posted on 7/20/23 at 1:12 pm to The Mick
That’s one benefit out of many that our insurance regulations and laws require to protect consumers that so many here like to bitch about.
Posted on 7/20/23 at 1:34 pm to The Mick
Yes, got ours this week. Still waiting for money from an open claim that I submitted additional items on that they forgot to pay out on the claim. Sent that in about a week or 2 before they entered insolvency.
Posted on 7/20/23 at 2:01 pm to The Mick
quote:Put it in your escrow or you'll get a not so nice surpise
Nice surprise in the mail eh.
Posted on 7/21/23 at 5:53 am to The Mick
Bump
Posted on 7/24/23 at 7:20 pm to The Mick
I got the same thing. Does this mean I don’t have insurance now? Do I need to find another insurance provider?
Posted on 7/24/23 at 7:22 pm to Bout_Dat_Lyfe
If you had UPC, it means you haven’t had insurance for a few months.
Posted on 7/24/23 at 7:28 pm to cajuns td
Does the mortgage company replace the coverage with a functional company? I’m just trying to know if I need to find a new insurer or not
Posted on 7/24/23 at 7:32 pm to Bout_Dat_Lyfe
quote:
Does the mortgage company replace the coverage with a functional company?
They will if you have a lapse/don’t find other coverage.
They’ll also overcharge the shite out of you for inferior coverage. Lender-provided insurance isn’t a safety net for the homeowner, it’s the mortgage company’s last resort to make sure they don’t lose their collateral.
TBH I’m surprised they haven’t hit you with lender-provided coverage yet, if you had UPC.
ETA: Then again, if you missed the UPC notices then I suppose there’s a decent chance you missed the lender-provided coverage notices too..
This post was edited on 7/24/23 at 7:36 pm
Posted on 7/24/23 at 7:33 pm to Bout_Dat_Lyfe
quote:
Does this mean I don’t have insurance now?
Dude...
Posted on 7/24/23 at 7:33 pm to The Mick
Liga for the win.
Probably should get other insurance bud.
quote:
Nice surprise in the mail eh.
Probably should get other insurance bud.
Posted on 7/24/23 at 7:34 pm to lostinbr
Yeah, surprised this is the first you’re hearing of it. Start shopping before your mortgage company forces coverage
Posted on 7/24/23 at 7:40 pm to cajuns td
I had heard about it but assumed I’d receive some letter in the mail notifying me if it affected my insurance. Who do y’all recommend for homeowners insurance?
Posted on 7/24/23 at 7:45 pm to Bout_Dat_Lyfe
quote:
Does the mortgage company replace the coverage with a functional company? I’m just trying to know if I need to find a new insurer or not
The mortgage company will "force place" property coverage on the dwelling only to protect the outstanding balance on your loan. That is not to cover you or your stuff if something happens. It is the mortgage company's policy, not yours. But you will still pay for it.
Posted on 7/24/23 at 8:59 pm to The Mick
Yes. Unexpected $1000.
Posted on 7/24/23 at 9:04 pm to Bout_Dat_Lyfe
quote:
Who do y’all recommend for homeowners insurance?
Whoever you can get to write a policy.
….seriously.
Posted on 7/24/23 at 10:20 pm to The Mick
Still waiting in Texas for mine. Don’t even want to talk about dealing with Florida Dept of Finance over an open claim with UPC.
Posted on 7/26/23 at 12:30 pm to Nome tiger
Got ours today.
Nice to belatedly get our money back from these weasels.
Nice to belatedly get our money back from these weasels.
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News