My parents homeowners went up just over $1,000 HIGHER. My parents called and insurance questioned about "we see you have a dog" Umm no, we have no dogs… No outside animals. Then asked about a "building" that was far out behind there house which is MY house not a building… And in which they said thats a risk and they would have to report it and will most likely be dropped after investigation…. Keep in mind my house is 600 feet away and is 1300sqft. And I have MY OWN homeowners insurance…. How is that a risk? My house has been here for almost 4 years. The neighbor who has tractors, cows, etc live 100 feet away, but I'm a risk?
Was this just a excuse to just drop them as they no longer wanted to serve them? In the 12+ years with there current insurance no claim has ever been made.
Is this something that maybe my parents should deed / "sell" to me a porition of the property? (I know this is prob another tropic than this sub) I don't rent from them.
Parents Homeowners Insurance dropped because MY house is a risk….
byu/HuntersPad inInsurance
Posted by HuntersPad
22 Comments
You have two separate houses on the same plot of land?
Do you own the land on which your house is built? If no, then they own the house possibly…
Is your house on their property or do you have your own piece of property? If it is on their property then that is why your risk is being associated with them. They basically are insuring two dwellings if it’s on the same property.
> *”sell” to me a portion of the property?*
You need to be more clear with what your “house” is. It sounds like your “house’ is a separate building **on your parent’s property**. Is that the case, or am I misinterpreting that?.
Are you on the same plot of land?
Do you have a separate address?
Like the other commenter, I’m thinking it’s because its on the same plot of land. Therefore it’s still considered a liability for your parents. If your dog bites the FedEx driver, and he sues your parents, then their homeowners insurance policy is having to defend them and likely paying a claim. If you had your own deeded land, then I don’t see how they could stand behind that cancellation.
Same property? Or different property?
Everyone has asked this, but is your home on the same land or does it have its own property, address, deeded differently, etc????
My dad has a house in California. It went up over $1300 because of other people’s fires nowhere near Dad‘s house. I’m talking Northern California as opposed to Southern California. They just are raising rates no matter what. Never had a claim never had a problem $1300 more I looked around and it was still the best rate. My poor dad is 91.
Yeah this is a problem if your parents own the property your house is on. My advice is to get that section subdivided out and in your name. I’m surprised this hasn’t caused you other issues before now.
If your house is on their property, then it has to be included in their policy.
Check your state but you’re still on their plot of land so that is most likely why.
Honestly, your best bet would be to sit down with a licensed agent to sort out how you guys need to be correctly insured.
Are you dealing with an agency or a call center?
It sounds like you are dealing with multiple adjacent parcels with perhaps multiple structures and there may be some confusion on the insurance company underwriting side as to who and what piece is covered by what policy.
This kind of situation requires some thought and a conversation to get some clarity.
I mean if dogs weren’t mauling people to death so often insurance companies wouldn’t be so concerned. What’s the breed of dogs???
It looks like the issue is two buildings on the same lot and the second dwelling wasn’t disclosed to the insurance company. Homeowners doesn’t just cover the home, it covers the property, especially for liability issues. Insurance companies don’t like to find stuff out by accident which is probably why they’re looking to drop the policy.
They probably had to underwrite it again since there is a new building. They determined it added more risk, and they upped your premium. That sucks but it’s fairly standard.
OP – in the US, the term ownership means the land and the buildings.
You effectively have a lease or an easement, term specific to your (US)state. This is more common in Britain where the building owner has like a 99 year lease but the ground is titled separately. One place to look is at the real estate taxes. How many tax identification numbers are there snd is the property taxed as a single plot with multiple buildings.
It is surprising the insurance company underwriters didn’t flag this before, but now they have and they may not be wrong.
You need to talk to an insurance broker, not the carrier to get better information, and you really need to talk to a local real estate attorney.
No different that a mobile home park insurance- the owners insurance covers the entire property- because they are liable for any injuries or damages on the property.
So, couple things – first off – the separate addresses is a positive, but some carriers are more on the plot of land. SAFECO is like this, at least with auto. I have a lady who bought an old resort and was renting one of the cabins; even though the cabin has its own address, SAFECO wanted an Exclusion on her auto.
You only have about 2 options that I can easily think of – the first is a specific building exclusion. Not all carriers allow that, but some do. The issue that you are likely having is that they are trying to add your home as a Other Structures to your parents policy, so that’s why theirs is likely increasing.
The other is to split you off a plot in your name. You can make it a beneficiary deed so if something happens, it auto reverts to your parents.
It’s sepArate. Others have typed it out correctly you multiple times.
You don’t own the land, just a mobile home on the land. This makes you technically a tenant of your parents. So yes, the dog would need to be disclosed on both policies, or they need to subdivide the plot and sell you the clear portion your home is on.