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    Home insurance needs pictures before closing?! Insurance

    March 03, 2022

    Home insurance needs pictures before closing?! Insurance

    Home insurance needs pictures before closing?!

    Posted: 03 Mar 2022 07:30 AM PST

    So my partner and I are far along in the home buying process, everything has been going very smooth. Then after we got insurance with Travelers added to our mortgage quote, they messaged us saying they need pictures of the house.

    Our real estate agents red flag went up and she told us to not give them pictures yet because there might be an old claim on the house that the previous owner didn't fix completely, therefore making the insurance companies not able to insure the home.

    If that happens we will not get our home loan so we are both very nervous! The funny thing is, our loan provider said we don't have to do anything else for insurance

    Is this normal or should we expect some complications? Does anyone know of insurance companies that won't need pictures? If they don't get pictures soon, will that keep us from closing?

    If anybody has more information about these situations , anything will help

    submitted by /u/Ok-Hand-400
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    mental health insurance coverage?

    Posted: 03 Mar 2022 07:50 AM PST

    this is probably a silly question, but on psychology today (website) when seeing the listed insurance policies accepted, if a psychiatrist lists a specific insurance (for example, apple health, or bcbs, or aetna) does this mean they will run the visit through your insurance, and then does it depend on if your insurance plan has mental health coverage? or are the plans listed because theyve already made contact and can assure there is some sort of mental health coverage with those insurances (and then copays varying based on plans, etc)

    thanks in advance anyone with a simple answer for me. been awake far too long and feel insane, lol

    submitted by /u/lnterplay
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    Need to drive parents car, but I’m excluded on their policy (Ohio)

    Posted: 03 Mar 2022 07:13 AM PST

    But:

    1. I moved out in 2020
    2. I have my own full coverage insurance

    Basically I'm selling my car private sale, but don't have a car to drive while my new one is being delivered. Best option is to borrow my parents car

    In 2016 I got into a minor accident with a raccoon and got one speeding ticket. To prevent my parents insurance from going up, I got my own insurance policy with Erie

    When my parents tried to remove me from their nationwide, I was asked to sign a form saying I would not drive their cars and become an excluded driver.

    Since then, I've moved away and own a house, and have full coverage insurance through State Farm.

    Am I allowed to drive their cars? Is "excluded driver" still a thing even if I'm not a member of their household?

    Will I be driving uninsured, even if I have my own insurance?

    Will my insurance pick up the slack if anything happens?

    submitted by /u/tylerwatt12
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    Differences b/w Mortgagee and Loss Payee on Home Insurance

    Posted: 03 Mar 2022 07:05 AM PST

    So I've been in insurance for a 6-7 years (mainly commercial side) and I've been trying to gain a deeper understanding on areas where I'm weak (personal lines).
    One of these areas is the difference between a mortgagee and loss payee.
    I spent hours in researching and every single answer comes up different.
    In commercial insurance it's simple, loss payee = BPP, mortgage = building.
    In home insurance, I get confused.
    A loss payee is simply a company that is entitled to a payment along with the named insured in case of a claim. But what I don't understand is when a mortgage company wants to be listed as a mortgagee (with a mortgagee clause) and a loss payee. To my understanding, having a mortgagee clause listed on the home policy already grants almost the same provisions as a loss payee so why do mortgage companies request both? Isn't there overlap/redundancy?

    submitted by /u/eatcabbage
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    Question about claims trainee career?

    Posted: 03 Mar 2022 06:57 AM PST

    So I had a interview with an insurance company for a different position that I was not selected for. I then, thanked them for the interview via email and asked if they would pass my resume on to another hiring manager. They did ended up doing that however it is for a different position, claims trainee. Surprisingly I checked my email and they got back to me with a different position, claims trainee. What is the typical pay for this position? They want to know my salary expectation, but after looking on the internet I can't find that exact number.

    submitted by /u/ClerkSelect
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