My mother passed away here in Indiana in March of this year. (God bless her soul, she was a special-needs teacher her whole life and touched so many lives, mine especially) she had no insurance. We paid her medical bills from her heroic fight against breast cancer, but cannot pay off her mortgage. The house is worth 100k, and a second mortgage is currently on the home. My sister and I have let my brother move into the home as he lost his job, and did not have a place his children could come and stay with him (wife left him). He has been making the 0 per month mortgage payment since March, and paying the utilities.

I have a grave concern, in that he reported to me the mortgage-holder came to the house and left a message for him to call them (he was named the executor of my Mother’s estate). In her will she gave everything to us equally… however, we were not on the title/ deed to the house, or on the second mortgage. The mortgage did not have an assumption provision, I know that, but it may have had a "due on death clause"… I cannot get a straight answer from my brother on that.

1. Can the bank foreclose on the property if the payments are made, as well as all taxes and insurance?
2. If something were to happen to the house, like a tornado destroyed it, would the insurance company be able to deny the claim because the policy holder is dead? (this worries me even if they cannot foreclose)
3. My brother told me that the estate was closed in July. In Indiana, I thought all of the debts had to be paid before that could happen. Could he be telling the truth? How could the court have missed the second mortgage on the house?

Thank you so much in advance and God bless you.

Technorati Tags: 100k, assumption, bank foreclose, breast cancer, debts, executor, grave concern, heroic fight, insurance company, medical bills, mortgage holder, mortgage payment, second mortgage, special needs, straight answer, telling the truth, title deed, tornado, whole life, worries

A new reinforcing system for building frames increases wind-resistances of the buildings from 85mph to 120 mph, and costs around the same to build the property owners building with. The property owner is aware of the new reinforcing method, but the Building Contractors all refuse to grant the property owner’s requests, and constructs the buildings with 85mph resistant frames, which get knocked down by a tornado/hurricane before the Building Contractor’s warrantee expired.

How would the "act of god" clauses in the Building Contractor’s warranties and the building owner’s insurance company’s policies work in this realistic scenario?
ANNA, pay close attention to what I am stating here:

The better building frames are not a change in materials, it is a change in the assembling methods.
Sue; GREAT ANSWER, you bring up an important point.

The term "experimental" does not apply to the Building Codes specifically, because they are not a testing faction of the Industry. They The Codes are a Guide to what is consensusly considered as a MINIMUM way to design and assemble a building or structure, WITH all currently known and tested products that go into the ASSEMBLAGE of the building or structure, AND how those products interact with each of the other products.

The Building Code Publishers gather the various information about the wide range of products that go into the assemblage of a building/structure, including DESIGN SYSTEMS, of which each and every one of ARE experimental, as long as any assembled building/structure fails within a 100 year lifespan, for any reason. The 100 years comes from the Technical Boards of Registrations and Registrar of Contractors, not the Building Codes.

Structural Strap-Netting/Continuous Reinforcing does fall within the Codes.
As for inclusions of this new method of reinforcing buildings and structures, there really isn’t any, except for condensing all the provisions of the Codes that these new systems meet and exceed, into a singular, easier to follow, Provisions/ Prescriptive (topic-direct) Written subchapter.

I am running into all kinds of roadblocks in getting the Publishers of the Building Codes to develop these changes to the Codes, even though all the products of Structural Strap-Nets and the systems that Structural Strap-Nets accessorize, have already been tested and are currently in the Codes.

What I have done basically, is rearrange these included products into a better working and resulting SYSTEM, that dramatically improves the building/structure’s frames in resisting winds/seismic activity, etc; and added the always desired resiliences of flexure, elasticity, and tension-resisting FRAME PROTECTIONS, that are not included in braced-frame-only systems.

Tests are included with purchases.

Technorati Tags: 100 years, act of god, assemblage, building contractor, building contractors, clauses, faction, important point, inclusions, insurance company, lifespan, property owner, property owners, realistic scenario, registrar of contractors, registrations, resistances, tornado, warrantee, warranties

Hi, I have a claim due to damage due to my property during a Tornado. Is it true you can make money the following way:
- Get a quote/estimate from the insurance company from their contractor
- then choose to hire another company for HALF the price for example.
- Insurance company or mortgage company will check damage was fixed properly, but NOT receipts (IS THIS TRUE?)
- if damage was fixed properly they will pay you original estimate amount say 00.

In summary you only paid 00. Hence you made 00 less 0 deductible = 00!

Is this correct they will pay WITHOUT asking to see receipt in this case!? one reason why I can see them do that is to keep you happy while they were planning to pay the same amount anyway to their contractor. still, wanted to confirm this interesting opportunity to make money really exists(?)
THANKS.

Technorati Tags: insurance, insurance company, money, mortgage company, receipt, receipts, tornado

Hi, I have a claim due to damage due to free falling on my property during a Tornado. Is it true you can make money the following way:
- Get a quote/estimate from the insurance company from their contractor
- then choose to hire another company for HALF the price for example.
- Insurance company or mortgage company will check damage was fixed properly, but NOT receipts (is this true!?)
- if damage was fixed properly they will pay you original estimate amount say 00.

In summary you only paid 00. Hence you made 00 less 0 deductible = 00!

is this correct they will pay WITHOUT asking to see receipt in this case!? one reason why I can see them do that is to keep you happy whil ethey were planning to pay the same amount anyway to their contractor. still, wanted to confrim this interesting opportunity to make money really exists(?)
THANKS.

Technorati Tags: insurance, insurance company, money, mortgage company, receipt, receipts, tornado

We had a terrible storm here last night. Most of you might have seen it on Good Morning America. Kearney Nebraska got the worst with tornado’s, we live 15 miles away and got the hail. Our Suburban hood, roof, and left side is dent stricken. I got ripped off once by my insurance company when it came to hail damage. I actually had to point out some of the dents to the appraiser. How is hail damage appraised? What do some of you think this might be worth if the hood, roof, and lightly on the right side is covered in dents?
I just don’t want to be taken again is all. I pay my insurance faithfully and have been with the same company for 16 years. I’ve paid my share to not be taken again.
I was to shy before to speak up but not this time but I need information to help back myself up. Any idea’s?
Thanks Everyone for reading and please pray for the people 15 miles from us who have lost homes and over 11,000 people are out of power right now. God Bless…

Technorati Tags: dents, god, good morning america, hail damage, insurance, insurance company, kearney nebraska, terrible storm, tornado

How is hail damaged appraise/estimated?
We had a terrible storm here last night. Most of you might have seen it on Good Morning America. Kearney Nebraska got the worst with tornado’s, we live 15 miles away and got the hail. Our Suburban hood, roof, and left side is dent stricken. I got ripped off once by my insurance company when it came to hail damage. I actually had to point out some of the dents to the appraiser. How is hail damage appraised? What do some of you think this might be worth if the hood, roof, and lightly on the right side is covered in dents?
I just don’t want to be taken again is all. I pay my insurance faithfully and have been with the same company for 16 years. I’ve paid my share to not be taken again.
I was to shy before to speak up but not this time but I need information to help back myself up. Any idea’s?
Thanks Everyone for reading and please pray for the people 15 miles from us who have lost homes and over 11,000 people are out of power right now. God Bless

Technorati Tags: dents, god, good morning america, hail damage, insurance, insurance company, kearney nebraska, terrible storm, tornado

Hi, will the insurance company agree to pay me say ,000 instead of paying the contractor directly, and allow me to hire someone else? How does it work technically? I get ,000, then if I am able to find contractor I like for less say ,000, I get to keep the rest!? (pls assume example of ,000 is based on a quote insurance company got from a contractor) THANKS.

Technorati Tags: insurance, insurance company, quote insurance

Hi, the insurance company gave me contact information of a contractor they work with in order to fix roof damage I have.
What are the next steps? The contractor will send me the estimate or will the contractor send it to the insurance company? or to both of us? will I have to pay the deductible to the contractor dircetly or to the insurance company and they will pay him? Should/Can I try to negotiate the deductible with the contractor? – is it common? THANKS.
Thank You mbrCatz!!!

Technorati Tags: insurance, insurance company, roof damage

Hi, the insurance company gave me contact information of a contractor they work with in order to fix roof damage I have.
What are the next steps? The contractor will send me the estimate or will the contractor send it to the insurance company? or to both of us? will I have to pay the deductible to the contractor dircetly or to the insurance company and they will pay him? Should/Can I try to negotiate the deductible with the contractor? – is it common? THANKS.

Technorati Tags: insurance, insurance company, roof damage

I recently filed a very large claim with my insurance company due to a tree falling on my home during a tornado. The town was declared a disaster area. I’m wondering whether my insurance will go up due to this claim. I’ve never filed a homeowners claim before and have been with the same insurance company for over 20 years.

Technorati Tags: disaster area, insurance, insurance company, tornado

It’s a long story, but to sum it up our case involves us (home owners),a nationally known Insurance Company, and the contractors our insurance company urged us to use after our home sustained damage from a tornado over 3 years ago.
It feels as if our lawyer has sold us out, because of all the postponements and continuances. Now I would try to ask him these question myself, but from past experiences, it will take months and numerous calls from me for him to respond. What can i do?

Technorati Tags: 3 years, experiences, insurance, insurance company, lawyer, postponements, tornado

This is one of those hypothetical questions that my over-inquisitive mind thought of after we were issued a tornado watch this evening. Our house is tiny, and we really want a bigger house. But the problem is that my husband bought this house two weeks before we met, he had never bought a house before, and his family didn’t help or give him any advice, so he got taken. He overpaid by at least K. Oh, and they suckered him into a "no appraisal" loan and he didn’t know any better.

So I was thinking "what would happen if the house was hit by a tornado (or otherwise destroyed)?" Would the insurance company pay off the mortgage company and give us the small amount by which our insurance exceeds our mortgage? At which point we could just get a construction loan and build the house we want here on this land.

Or would the insurance company issue us a check with which to rebuild, and we would just keep paying the same mortgage?

Hmmmmmmmm

Technorati Tags: company issue, construction loan, hypothetical questions, inquisitive mind, insurance, insurance company, mortgage company, quot, tornado

Hi, we recently had a small tornado the insurance adjuster listed the damage as "wind damage", anyway a huge tree fell through our home breaking floor beams, cracking the foundation. The fireplace was totally destroyedSufficeice it to say that one half of the house was ruined the kitchen and dinning room were left unharmed. The insurance adjuster said there was 94,000 dollars in damage. We had 3 different contractors give us estimatranginging from 166,000- 180,000. The adjuster did not list in his adjustment the damage to the floor joists or cracked foundation. I failed to mention that our policy limit is 134,000. How do we get the insurance company to give us a total loss on this home. We have been at this for nearly 2 months and the adjusthasn’tsnt been back out to talk to the contractor yet? As a matter of fact he stood us up and did not reschedule. He is a catastrophe adjuster and has gone back Louisiananna. We are in Arkansas. Any advise would be greatly appreciated. Thanks in advance. Dana
Thank you for the answer, however I don’t think you understand my situation. I realize a home is not like a car, however we have a 134,000 with coverage A, then 56,000 for overage. We have 97,000 in personal property. Having said that we received 85,000 for what the adjuster thought was damaged however he did not go under the house to see the damage to the floor joists and told us he showed pictures to a structural engineer and he said there was no structural damage. haha what a joke you can see the house pushed off the foundation a bit and cracks in the foundation blocks. The check we received was enough to pay off our mortgage. We bought a foreclosed house and fixed it up ourselves. Our contractor said it will cost more to fix this mess than to build a new one so this is the cross road we are at. FYI it is a 2000 sq.ft house. We are’nt under insured we are in Arkansas…… We can can build a new brick home with 2089 sq ft for 168,900 here. thanks again.

Technorati Tags: brick, catastrophe adjuster, cracked foundation, cracks, cross road, dana, fireplace, floor beams, floor joists, foundation blocks, insurance adjuster, insurance company, joke, matter of fact, personal property, sq ft, structural engineer, thanks in advance, tornado, wind damage

Yeah, yeah….I know. The city is basically still destroyed and they have not made any significant advancements in rebuilding it.

But many hurricanes, tornadoes, floods and other natural disasters have hit our homeland and within the year we heard nothing more about it.

Did the people affected by Hurricane Andrew years ago receive debit cards from FEMA? What about the flood victims in the midwest? Why isn’t their wall-to-wall coverage of their plight like it was for Hurricane Katrina?

And two more questions: People wonder why New Orleans is taking so long to be rebuilt?

a. This city is BELOW sea level. It fills up like a bowl when it is flooded. What insurance company wants to insure that?

b. The crime in that city is ridiculous. Who wants to move back to a place murder is high and the police force is crippled?
weapon sidewalk– you should talk….you are one of the dumbest people on here.

Technorati Tags: debit cards, fema, flood victims, floods, hurricane andrew, hurricane katrina, insurance, insurance company, many hurricanes, midwest, natural disasters, new orleans, plight, police force, sea level, sidewalk, tornadoes, wall to wall

House will prob. be declared a total loss…what does that mean? If declared that term will the dwelling coverage of the insurance be paid out to the max as well as the contents? There also is a loss of use amount on my insurance policy, will that be paid out to me in full/I have to pay first and then get reimbursed. Not much can be done since the electric can’t even be turned on till next month and many homes have a do not occupy sign posted…IT won’t be a quick fix. CAn an upcoming purchase of a rv/5th wheel travel trailer be placed under a loss of use claim since living in a 1 room hotel is just difficult w/ a family? Will the insurance company make offers on total loss in terms of what will be paid out or is it an auto max payment of what the dwelling covers? Or does it go beyond the dwelling coverage if the fair market value is used since repairing it into what it used to be exceeds the dwelling coverage amount? thank you

Technorati Tags: 5th wheel travel trailer, auto max, dwelling coverage, insurance, insurance company, insurance policy, room hotel, rv 5th wheel, wheel, wheel travel trailer

Hey everyone, I am having some trouble with my homework so I figured I could post it on here to see if anyone could give me a little help.

1. An insurance company sells a ,000 tornado insurance policy to a resident of Lawrence, Kansas, for 00. The U.S. Weather Bureau estimates that the probability of a tornado hitting Lawrence equals 0.005.

a. What is the insurance company’s expected profit/loss on the insurance policy?
b. What is the minimum premium the company can charge policyholders and not lose money?

If someone could either give me the equations to help me solve these or even just an answer with a brief explanation, it would be greatly appreciated.

Thanks in advance!

Technorati Tags: estimates, hey everyone, homework, insurance, insurance company, insurance policy, lawrence kansas, money, policyholders, probability, profit loss, thanks in advance, tornado, weather bureau

…….does the insurance company still consider these "Acts of God"?
How would the "church-goers" view the reason behind the "Act of God" destruction?

Technorati Tags: act of god, acts of god, church goers, insurance, insurance company

If you had any partial or complete damage to your home or property as a result of the recent tornadoes or other storms…

1. Did your insurance company respond in a timely manner?
2. What do you pay for renters/homeowners premiums yearly?
3. Did you get the settlement you deserved from your insurance company, considering what you pay them?
4. What is your company, and do you recommend them?

Just sympathetic and curious.
Thanks.
I don’t work for an ins. company, I am just curious. I live in a somewhat tornado and hurricane-free state, and just wondered what some of you are dealing with.

Technorati Tags: Hurricane, ins, insurance, insurance company, premiums, recent tornadoes, storms, timely manner, tornado

Recently a tornado made two large oak trees fall on both of my family’s vehicles. My husband’s vehicle was totaled. However, my brand new 2006 Nissan Armads sustained 00.00 in damages. It must have a whole new roof and the majority of side panels replaced. The insurance company refuses to total the vehicle since the value of the vehicle is still high. My problem is: Who wants a car whose top has been cut off and replaced with after-market crash parts? This is a safety issue in my eyes. If we settle, how much is my wrecked vehicle worth. I know that I have lost a lot of value in it due to the type of damage alone. Any tips or advice is welcomed.

Technorati Tags: damages, insurance, insurance company, market crash, nissan, oak trees, safety issue, tornado, vehicle worth, wrecked vehicle

Who has a actual inventory of their belongings if a tornado, fire theft, etc were to happen. How long would it take you to get it all together for the insurance company? What would you be willing to pay for someone to come in and inventory your belongings, give you a copy and keep a secure copy in case of future need. Of course the person would be bonded and insured. Any other thoughts are welcome.

Technorati Tags: belongings, fire theft, insurance, insurance company, secure copy, tornado

My car was broken into and this resulted in a broken window. I filed a report with police and then filed a claim with my auto insurance. I spent all day literally (8:00am-5:00pm) dealing with my insurance company. They kept telling me that they couldnt find anyone who could get me in to get my window fixed. I finally found a auto glass shop that could repair my window and was on the list of shops with my insurance company. Then, my insurance company said that the local shop would not "match their price".We were having tornado warnings in my area that night so I wanted to get the window fixed that day. They told me the best they could do was to suggeest using a trashbag and tape and cover it up the best I could. I found out today from this auto glass company that my insurance lied to me just because they didnt want to pay the claim. Can I sue my insurance company for giving me false information?

Technorati Tags: auto glass company, auto glass shop, auto insurance, false information, insurance, insurance company, local shop, tornado warnings, trashbag

I am a resident in Suffolk Va. and a tornado hit my home. I have used an online insurance company (rhymes with bomesite.com) and now they are not helping me at all. My question is they want to just patch the roof and siding and call it a day. The problem is that the siding is no longer manufactured and the shingles cannot be matched. My homeowners clause says that all my shingles and siding have to be the same type and color. I had replacement value cost and they are saying that the color doesnt matter as long as it’s replaced. Can they do this and make me pay to do all the work or are they obligated to fix all since it cannot be "replaced?
Thanks
Ken

Technorati Tags: insurance, insurance company, replacement value, shingles, siding, tornado

We made 2 claims in 2008, one was for a tornado that tore our roof off, and other house in our area were affected also. That was the Massive tornado in the news in Febuary 2008 in Memphis Tn. Then in August 2008 we had to make a claim because our car got broken into and the navigation and computer bag with laptop (in the back boot of car) got stolen. Mind you other cars were broken into on our street also. And their stuff were stolen also. Police came and did the whole report thing and said to claimmon insurance because our window was smashed in and car was vadilized. 3 other homes down the street were hit to. So we get a letter from our insurance company stating that as of April 25th we will no longer have insurance with them. Because of the theft claim of 0. So now we have been trying to get insurance with other companies and they have been telling us that we cannot get insurance. I just found out that the owners before us (who lived in this house) made a claim for a new roof in 2005. Could that be another reason to why the insurance companies will not insure us? In any case if we cannot get insurance then we are just going to move out and rent another house. Because we cannot get insurance, so let the mortgage company and inusrance company sort it out. Next question: why are the insurance companies doing this to us? We did not ask the tornado to rip off our roof, and we did not ask for the car to be broken into on our drive way? Well has any one ever heard of this rubbish before?
We have had this insurance company for years, even when we had renters insurance. We not ever, EVER made a claim before this. All I have to say is "Your in good hands" is complete false advertising.
When we made the tornado clame in 2008, we had to submit 3 quotes for a new roof. We did, the insurance company reviewed the qoutes, and agreed to pay for a brand new roof. We chose from one of thr roofing companies submitted. A new roof costed ,000. The roof was put on, and it was a 2 dimentional architectual roof. But within 4 months it was leaking in 20 areas into our house. Not little leaks, but drip and enough water to peel the wall off leaks. So the Company that has been roofing for 20 years, botched our house, worse then it was before. The company came back 3 times to attempt to rectify the problem, but to no avail. Now we are still leaking, we informed the inurance company that the roof is still leaking badly. But the reply was: not our problem, we did what we could. And after informing the insurance company of the roof still leaking, that is then when we got the cancellation letter. So here is the thing, when we bought our house, it passed inspection. We had a tornado“““`
A tornado tear off our roof, In saying that over 100 shingles were ripped off. And it cause damage to the ceiling and walls. Now we had it fixed, by one of the 3 companies we submitted. And the roof is leaking worse then before. Our house was not like this before the tornado, so why should WE pay for a house that is BROKEN? It was not like this in 2007 when we first bought it? Now, second point the mortgage company had to approve the house inspection before we agreed to buy the house. So now, after the roof replacement, the house does not pass a house inspection. (we had one done) We did what we were meant to do, had a new roof put on by a Roofing company, that went out of business after all this. The insurance company won’t renews us, we cannot get a company to insure us. So though, we used one of the 3 quotes sumbitted, the insurance is not helping. Guess what WE will not pay another penny to the mortgage, we will move out and let the Insurance sort out the situation.
Fact, is fact. We did not cause this. The INSURANCE COMPANY take money off people, and they take the RISK. That is what they are in business for. So Yes, let them try to back us into a corner. We will move out and rent a house that does not leak every where before we pay 3-4 time the insurance coverage.

Technorati Tags: archit, cars, clame, company sort, false advertising, febuary, good hands, insurance, insurance companies, insurance company, laptop, memphis tn, mortgage company, qoutes, quotes, renters insurance, roofing companies, rubbish, thr, tornado

an "Act of God"!?!?
ESPECIALLY the Insurance Company!!

Technorati Tags: act of god, insurance, insurance company

We own a small construction company. Several weeks ago we were called to clean up an elderly woman’s house that had been destroyed by a tornado. She was hospitalized, so her son contacted us. We completed the job, which required quite a bit of hauling and bulldozing work. We sent the bill to her. (Her insurance had been filed) After the woman got the bill, she has told us she is not paying and that she did not hire us in the first place! The bill is 00. The job has already been done. Do we have any legal standing to sue or are we going to lose this money????? The son did hire us to do the work for his mother–she was in the hospital after the tornado hit. I have spoke to her insurance company and they’ve told me she has more money coming from her claims and that it will be paid directly to her. How can we get paid for what we’ve done??

Technorati Tags: elderly woman, insurance, insurance company, job, money, small construction company, tornado