Thursday, July 24, 2008
James Island Wind Insurance
Many homeowners on James Island are being surprised by notices from their insurance company that they now need to buy a "windstorm" policy. Their company is no longer providing coverage for wind damage. Why? Because most of James Island is now eligible for the "Wind Pool" offered by the SC Wind Association. Sounds great! Not really. By now being eligible, this gives your insurance company an opportunity to exclude wind coverage and pass along this exposure to the Wind Pool. Worst of all is that the cost of buying the new wind policy is expensive. Apparently James Island has nobody fighting for what's best for James Island. This gave the Governor an opportunity to "sell out" James Island to appease insurance companies doing business on our coast. Sorry, James Island.
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1 comment:
love your post! I am going through a hell of an auto insurance claim battle with amerian family from 4/22/07 and my life has been flipped turned upside down because of the multimillionaire tactics the employees have to abide by. i didn't want to rip anyone off as "sue-happy" people are these days, I just wanted my life back. Now I am facing some very scary things.
Its sad.
If anyone knows a kick-a** lawyer in WI let me know.
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