Will a different insurance company inform my current insurer about any issues with my house?
My current insurance provider hasn’t inspected my roof, so they keep claiming it’s not in good condition, despite the fact that there are no missing shingles. We’re paying around $500 a month for two older Hondas and our aging home.
We ended up choosing this insurance company because others declined coverage due to the house being built in 1956 and later remodeled. I’m just wondering, if we get a roof inspection and the new company discovers any issues, will they notify my current insurer and risk us losing our coverage? This is in Texas.
It’s understandable to have concerns about how potential repairs or inspections could impact your insurance coverage, especially with an older home. In general, other insurance companies typically do not report issues to your current insurer—insurance companies operate independently. However, if you decide to get an inspection or estimate for your roof and it uncovers significant damage, it’s important to consider how you handle that information.
If you inform your current insurance company about the findings, it could potentially affect your policy, especially if they see it as a pre-existing condition that needs to be addressed. On the other hand, if you choose to keep the information private and then file a claim later on an unknown issue, it could lead to complications or even denial of coverage due to lack of transparency.
In Texas, you may want to consult with a knowledgeable insurance broker or a legal professional who specializes in insurance issues to better understand your responsibilities and options. They can offer advice tailored to your specific situation and help you navigate how to best address your roof concern without risking your current coverage.