OT: house insurance----please read

Right now. I am paying $980/year on a 2500sqft house and I have had no claims, The Company is Frankenmuth mutual in Frankenmuth Mi. I got other quotes State Farm $1385/year and I got another quote for $1,050 from another company but I dont remember who it was now. I dont have any equipment on a rider on my homeowners insurance. That price includes a wood stove in my living room.

I have no mortgage and am SELF-INSURED. Private property. If a person is not summoned to my property, I am not responsible for the well-being of the person. No solicitation in our neighborhood with a permit. All service personnel that may be required to fix things, or, supply services to my property must posess their own liability insurance.

This is generally the rule at any industrial, or municipal property. Even the US Park Service.
Being self-insured, means that we are always at risk of being sued. Therefore, we have our own legal staff. For me it is called "LEGAL AID".

We are always in a position to RE-BUILD, regardless of how much we were to collect by any insurance payment.

John,PA

Most folks lie about their dogs, if they know they are dangerous, or get their home before getting the dog and never think to mention to insurance agent, etc. You can also exclude dog bites from being covered on a liability policy.

The thing that insurance companies can"t account for are mutts that come from bad blood...they can be as bad or worse than any purebred attack dog.

How come if someone comes on MY place, without MY approval/permission, and hurts THEMSELVES am I responsible?

We have an inground pool, gates, etc. But insurace agent said it is still possible to be sued (and lose) because they got hurt on my property. Isn't there a law protecting ME from trespassers?

Makes ya wanna tell all visitors that come over: "If you get hurt, you'll be dead. That way there's no one to speak against me!"

Just curious.

Thanx,
Matt

This is exactly why it pays to have a good solid liability policy....you are not in control, even when you think you are.

My father in law (state trooper) told me that if anyone (burglar or whatever) comes on your property....if you have to shoot them, make sure they come to rest inside the house. Otherwise, this demonstrates that they were not an immenent threat, and you can be charged with manslaughter.

>We have an inground pool, gates, etc. But >insurace agent said it is still possible to be >sued (and lose) because they got hurt on my >property. Isn't there a law protecting ME from >trespassers?

Yep.

First, anyone can be sued for anything.

Then it's up to the lawyers :)

The laws over negligence & trespass and all mainly come from court cases.

I was trying to find a nice, concise summary...probably doesn't exist. But I found this and I kind of like the way it sums it up:

"Under Illinois law, a landowner owes a duty of reasonable care to trespassers if repeated trespassing establishes acquiescence. However, the mere failure to take burdensome and expensive precautions to keep trespassers out is not equivalent to acquiescence."

Jim

I had State Auto before that and had a horrible time with a claim for ice damage on my roof. Came close to brtinging in the State Attorney Gereral"s office to get the A$$H@le adjuster to be reasonable.

My guess is that you are being penalized because of the wood stove in the living room. My advice would be to shop an independant agent and get someone who wants your business and will help you get the best buy.

I HATE insurance companies. I tell them that I think that Al Capone started that business, today thay have just refined the marketing approach.