12-16-2024, 07:59 PM
Hi all! Good discussion... it's always helpful to stay current with who will provide coverage and under what conditions.
When we purchased our new home in the Bar-K this summer, we started our insurance search with Country Financial, who had insured our house on Bramer since 2006 without incident. They told us they weren't writing new policies in this zone, but also weren't canceling existing policies (yet). Of the major providers we subsequently contacted, only Allstate would write a policy in the Bar-K (albeit at extortionate rates with strict polices about mitigation). We were forced to consider providers in the "excess and surplus" policy market, which consists of companies we've never heard of (including Kraft Lake, Evanston, and other fictional-sounding names) willing to operate in areas considered too high risk by the big names. Eventually, we chose a policy underwritten by Evanston Insurance and facilitated by a local independent insurance broker. Hopefully we never have to put them to the test with a major claim.
Based on this experience, I recommend working with a local insurance broker with many underwriting possibilities rather than focusing on the marquee names with big advertising budgets. They don't want to be here.
When we purchased our new home in the Bar-K this summer, we started our insurance search with Country Financial, who had insured our house on Bramer since 2006 without incident. They told us they weren't writing new policies in this zone, but also weren't canceling existing policies (yet). Of the major providers we subsequently contacted, only Allstate would write a policy in the Bar-K (albeit at extortionate rates with strict polices about mitigation). We were forced to consider providers in the "excess and surplus" policy market, which consists of companies we've never heard of (including Kraft Lake, Evanston, and other fictional-sounding names) willing to operate in areas considered too high risk by the big names. Eventually, we chose a policy underwritten by Evanston Insurance and facilitated by a local independent insurance broker. Hopefully we never have to put them to the test with a major claim.
Based on this experience, I recommend working with a local insurance broker with many underwriting possibilities rather than focusing on the marquee names with big advertising budgets. They don't want to be here.