Hi Just called Geico for a rate quote and they told me that since we are not living in the house within 30days from purchasing it, they consider us to be a 'risk' and our home to be 'vacant'.
Anyone else come across this issue?
We are buying the end of May and will be doing work on the house every single day from now until we get married in September. What is the big deal???? Should I just have lied to these people? I never knew this would be an issue.
DjPiLL
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Re: Homeowners Ins Question
Yeah you should have told them you are occupying the house.
Geico pissed me off. I just got my co-op insurance renewal and my policy went up like 10-20%. Both Vanessa and myself have our auto insurance with them and they don't offer any discounts for having both Home and Auto.
Might be time to switch companies. Maybe State Farm.
Kelly9904
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Re: Homeowners Ins Question
We didnt move in for a month afterwards, and honestly werent even there that much in teh month because we were getting married and then on our HM, we didnt tell the ins agency though!
Sasha96
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Re: Homeowners Ins Question
When I got rate quotes on our home now (this was 3 years ago) they gave such high rates. I think they did the homeowners through Travelers Ins. at the time (dont' know about now). I would try others and not say that the home won't be occupied! You never know if you'll stay the night sometimes!
D&C
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Re: Homeowners Ins Question
Yep I think I now know a good lesson
lie lie and then lie some more
who knew
TracyInQueens
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Re: Homeowners Ins Question
GEICO quoted me $1700 for homeowners. I did make a mistake and say that the house had fuseboxes instead of circuit breakers.
We ended up with Met Life paying $560 a year. We got a good quote from State Farm too, about $200 more than Met Life.
cjb88
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Re: Homeowners Ins Question
My Aunt does Insurance... she is awesome, all her clients seem to love her... give her a call if you want... she definately works some 'magic' out for you... DCAP Insurance in Smithtown... ask for Stacy... Hope that helps!
