John,
All Insurance Companies have a 90 day underwriting period to review and make changes to the policy according to FL State Law. If there was an error on the policy which resulted in a premium change it means that your agent most likely quoted you wrong. I’m an insurance broker myself and I hear this all the time; insurance agents/brokers who make mistakes will blame the carrier to cover up their own tracks.
I received a quote from Edison Insurance and purchased a policy from them pending an inspection of my home. I was told that several roof shingles needed to be replaced or the policy would be cancelled. Huh? No problem. I hired a local roofing company to make any repairs they deemed necessary. $700 later I am informed by Edison that unless I replace the ENTIRE roof, they are going to cancel my policy. It seems to me that they are in the business of CANCELLING insurance policies because any communication with them includes a threat of policy cancellation, even when you follow their instructions. The local roofing company stood by their services and issued me a letter stating that my roof would last at least three more years, but Edison Insurance cancelled my policy because I refused to throw away a $700 repair by replacing a roof after they originally said it only needed a repair. I’m probably better off. I’m sure the next letter would have stated that unless I have my entire house rebuilt my policy would be cancelled.
Edison just racked up our rates AFTER we signed the contract, claiming that they made a “mistake”… Not sure I believe them on that one.
Would never have changed if their quoted amount had been anywhere close to what they’re telling us we have to pay now.
I would never advise anyone to sign with Edison.
John,
All Insurance Companies have a 90 day underwriting period to review and make changes to the policy according to FL State Law. If there was an error on the policy which resulted in a premium change it means that your agent most likely quoted you wrong. I’m an insurance broker myself and I hear this all the time; insurance agents/brokers who make mistakes will blame the carrier to cover up their own tracks.
How convenient,
Still wouldn’t advise anyone to go with Edison. Rest assured that they will NOT be a consideration next time we shop for insurance.
I received a quote from Edison Insurance and purchased a policy from them pending an inspection of my home. I was told that several roof shingles needed to be replaced or the policy would be cancelled. Huh? No problem. I hired a local roofing company to make any repairs they deemed necessary. $700 later I am informed by Edison that unless I replace the ENTIRE roof, they are going to cancel my policy. It seems to me that they are in the business of CANCELLING insurance policies because any communication with them includes a threat of policy cancellation, even when you follow their instructions. The local roofing company stood by their services and issued me a letter stating that my roof would last at least three more years, but Edison Insurance cancelled my policy because I refused to throw away a $700 repair by replacing a roof after they originally said it only needed a repair. I’m probably better off. I’m sure the next letter would have stated that unless I have my entire house rebuilt my policy would be cancelled.