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Gotta love insurance company's. so glad he made it out alive.
Sounds like their risk assessment was spot-on.
"he couldn’t get insurance on the house because of the poor condition of the porches." Is that what caused the fire? If not, then the "risk assessment" was completely off.
Ask the insurance company why they denied coverage and they may have a different version that the home owner. Given what ultimately transpired, it seems that the insurance company's denial, or risk assessment, was a prudent business decision on their part.
I'm working on the information provided. You aren't. Different issue.
You're working on information provided by one, potentially biased source and then concluding that the actions of a second party, the one that has yet to be heard from, was "completely off". When you jump to conclusions, your chances of being accurate are greatly diminished.
Too bad the insurance company didn't tell him about Kansas Fair Plan
" FAIR Plan (Fair Access to Insurance Requirements) was created by the state of Kansas to insure property that insurance companies refuse to cover." That being said, it is more expensive than traditional insurance.
If the porches were bad ,that is a huge liability risk and I can understand why the insurance company would not want to insurance it. Just because it was sold for $60,000 doesn't mean it reflects the cost to rebuild it. And,the FAIR plan would be more expensive and actual cash value but, it least he would have some coverage.
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