Navigating New Insurance Terrain: What to Do When Your Provider Pulls Out and You Own a Restricted Dog Breed
After 35 years with Pekin Insurance, I’ve been informed that my home and auto insurance policies won’t be renewed. The company is exiting Iowa, potentially due to the significant weather event that struck our city in 2020. While I wasn’t entirely caught off guard, it’s still disheartening to see them leave.
As I embark on the search for a new insurer, I’ve stumbled upon another hurdle: my adorable Pit Terrier. Though she’s harmless and lovable—perhaps too liberal with her affection—a number of insurance companies view her as a liability and refuse coverage because of her breed.
From my experience with Pekin during the Derecho, I’ve learned the true measure of an insurer only becomes apparent during major claims. Pekin was exemplary, which makes their departure even more disappointing.
Now, the question is: where do I go from here? I’m in need of an insurance company that doesn’t blacklist certain dog breeds, excels in claims handling, and ideally offers customizable coverage like low deductibles for mobile electronics.
While cost is a consideration, I’m not hunting for the cheapest option—my focus is on securing the best. It’s crucial to find a provider that meets my quality expectations and doesn’t penalize me for having a furry companion. If you’ve been in a similar situation or have recommendations on companies to consider, I’d love to hear your insights!
It sounds like you’re in a challenging situation, but there are definitely pathways available to find the right insurance coverage that meets your needs and provides peace of mind. Here’s a comprehensive approach to navigating your current insurance dilemma:
Research Insurance Companies with Flexible Pet Policies: Given the situation with your dog, prioritize companies known for more lenient pet policies. Companies like State Farm, USAA, and Nationwide are typically recognized for not discriminating against specific dog breeds. It would be wise to reach out to their agents directly to confirm current policies and any recent changes.
Read Reviews and Ratings for Claims Processing: Since you’ve had a positive experience with claims in the past, it’s crucial to examine how insurance companies handle their claim processes. Websites like J.D. Power and Consumer Reports provide annual ratings of insurance companies based on customer feedback. Look for companies that consistently receive high marks for claims satisfaction and customer service.
Consult with an Independent Insurance Agent: An independent agent can be a valuable ally. They represent multiple insurance carriers, allowing them to provide you with a range of options tailored to your specific requirements. They can also help you navigate any policy add-ons or specific clauses that might be beneficial, such as those for mobile electronics.
Look for Policy Customization: Since you’re interested in coverage that includes scheduling items or accommodating mobile electronics, inquire about endorsements or riders that can be added to a standard policy. These additions should cater to your specific interests in protecting valuable items or electronics with a lower deductible.
Consider Specialty Insurers: There are specialty insurers that cater to homeowners with high-value assets or specific needs. Companies like Chubb or Amica might offer more personalized service and policy options to suit your requirements, though they may come at a higher cost.
Understand Your Risk Profile: Be prepared to discuss any losses or claims you’ve had in the past, such as those resulting from the Derecho, as they can impact your insurance coverage and premium. Highlight the measures you’ve taken to mitigate risks in your home to present a strong case for your insurability.
Utilize Online Tools for Comparison: Leverage online insurance comparison tools that allow you to submit your requirements and get quotes from multiple carriers. While they might not paint the full picture, they can give you a starting point to understand market rates and options available.
Taking these steps will guide you towards securing the quality coverage you’re seeking. Remember, the goal is