Homeowners insurance on an island

codeman671 · 08-28-2008, 03:49 PM

We have recently switched to Hanover Insurance (Portsmouth Atlantic Insurance Agency) and found that they were cheaper than anyone else around with better coverage. They were considerably better than my renewal rate through Farm Family.

If anyone needs a quote, tell Jon that Jason sent you. He likes to track his referrals.

603-431-4020

Mr. Moyer · 08-28-2008, 06:04 PM

eyenotall777,

I have to say it was probably the most frustrating experience of my life and I just wanted to move on from the experience. The cost to take this individual to court in a civil case would have rivaled the actual lose and dragged the experience for another couple of years. He had done it twice before and was sued both times. Dragged the cases out for 2 or more years and cost each of the other victims even more money and time. The mistake I made was including the Alton PD in on the collection of the items. First they acted like Barney Fife for 3 months, then screwed my case up the the county prosecutor due to their poor questioning. Once they were involved I couldn't do a thing on my own, for fear of being arrested or sued myself. Next time, if it ever happens again, on any of my properties, I'll go into the perps house swinging a big stick and asking questions later. Live and learn. It seems sometimes that the laws are only around to protect the guilty.

SAMIAM · 08-29-2008, 08:22 AM

I feel for you,Mr Moyer,but that's exactly how insurance companies operate.They brag about their service and promise rapid and fair claims ......some ads show homeowners receiving a check before the police even leave the scene. Yuh ! Right! The reality is that they employ professional adjustors who's job is to debunk,deny and delay.....any tactics at all to get you to settle for less....or just give up.
Had a few claims in business,one was pretty large,the result of a sprinkler system going off accidentally.One Beacon was the company.....we'd paid them over 12k annually for many years and they did EVERYTHING to try and deny and then diminish the claim.They offered less than half of what local contractors quoted us.I didn't mind because we have a lawyer and got it settled.But what about the average Joe who wrecks his car,has no transportation and they drag it out so long he becomes desperate and settles for next to nothing.Happens all the time and that is the reason that I have such disrespect for insurance companies.....they are predators and bottom feeders because they take advantage of people when they are the most vulnerable.
Guess I am starting to rant.....sorry. Oh,this is not directed at the local independant agencies,they mean well and give good service.It is their masters in Chicago and New York that I'm speaking of.

Webbsatwinni · 09-17-2008, 12:44 PM

The link that Blue Thunder posted started when were buying our property last year and we ended up with Allstate. Fast forward a year and we are at renewal time and received a call stating that the premium was going up by over 50% annually.

The reason, it is a class 10 property (it was last year as well) and it has been tough year for insurance companies as a whole.

Now the search starts again for us.

codeman671 · 09-17-2008, 01:00 PM

Quote:

Originally Posted by Webbsatwinni

The link that Blue Thunder posted started when were buying our property last year and we ended up with Allstate. Fast forward a year and we are at renewal time and received a call stating that the premium was going up by over 50% annually.

The reason, it is a class 10 property (it was last year as well) and it has been tough year for insurance companies as a whole.

Now the search starts again for us.

George, check my post above about Portsmouth Atlantic. This is who we switched to. Tell him I sent you.

Webbsatwinni · 09-18-2008, 07:00 AM

Codeman,

I did and sent that post to my wife to call today, thanks!

09-17-2008, 12:44 PM	#4
Webbsatwinni Senior Member Join Date: Sep 2007 Location: Lebanon Ct and Rattlesnake Island Since 2007 Posts: 610 Thanks: 180 Thanked 137 Times in 72 Posts	And now the increase The link that Blue Thunder posted started when were buying our property last year and we ended up with Allstate. Fast forward a year and we are at renewal time and received a call stating that the premium was going up by over 50% annually. The reason, it is a class 10 property (it was last year as well) and it has been tough year for insurance companies as a whole. Now the search starts again for us.

08-28-2008, 03:49 PM	#1
codeman671 Senior Member Join Date: Jan 2005 Posts: 3,503 Thanks: 221 Thanked 816 Times in 489 Posts	We have recently switched to Hanover Insurance (Portsmouth Atlantic Insurance Agency) and found that they were cheaper than anyone else around with better coverage. They were considerably better than my renewal rate through Farm Family. If anyone needs a quote, tell Jon that Jason sent you. He likes to track his referrals. 603-431-4020

08-28-2008, 06:04 PM	#2
Mr. Moyer Member Join Date: Apr 2007 Posts: 49 Thanks: 1 Thanked 0 Times in 0 Posts	eyenotall777, I have to say it was probably the most frustrating experience of my life and I just wanted to move on from the experience. The cost to take this individual to court in a civil case would have rivaled the actual lose and dragged the experience for another couple of years. He had done it twice before and was sued both times. Dragged the cases out for 2 or more years and cost each of the other victims even more money and time. The mistake I made was including the Alton PD in on the collection of the items. First they acted like Barney Fife for 3 months, then screwed my case up the the county prosecutor due to their poor questioning. Once they were involved I couldn't do a thing on my own, for fear of being arrested or sued myself. Next time, if it ever happens again, on any of my properties, I'll go into the perps house swinging a big stick and asking questions later. Live and learn. It seems sometimes that the laws are only around to protect the guilty.

08-29-2008, 08:22 AM	#3
SAMIAM Senior Member Join Date: Apr 2004 Location: Moultonborough Posts: 2,905 Thanks: 337 Thanked 1,680 Times in 589 Posts	I feel for you,Mr Moyer,but that's exactly how insurance companies operate.They brag about their service and promise rapid and fair claims ......some ads show homeowners receiving a check before the police even leave the scene. Yuh ! Right! The reality is that they employ professional adjustors who's job is to debunk,deny and delay.....any tactics at all to get you to settle for less....or just give up. Had a few claims in business,one was pretty large,the result of a sprinkler system going off accidentally.One Beacon was the company.....we'd paid them over 12k annually for many years and they did EVERYTHING to try and deny and then diminish the claim.They offered less than half of what local contractors quoted us.I didn't mind because we have a lawyer and got it settled.But what about the average Joe who wrecks his car,has no transportation and they drag it out so long he becomes desperate and settles for next to nothing.Happens all the time and that is the reason that I have such disrespect for insurance companies.....they are predators and bottom feeders because they take advantage of people when they are the most vulnerable. Guess I am starting to rant.....sorry. Oh,this is not directed at the local independant agencies,they mean well and give good service.It is their masters in Chicago and New York that I'm speaking of.

09-18-2008, 07:00 AM	#6
Webbsatwinni Senior Member Join Date: Sep 2007 Location: Lebanon Ct and Rattlesnake Island Since 2007 Posts: 610 Thanks: 180 Thanked 137 Times in 72 Posts	Codeman, I did and sent that post to my wife to call today, thanks!