| Did you know that according to the
| |
| | notice. If your policy is being cancelled
|
| Indiana Department of Insurance (IDI),
| |
| | for a reason other than non payment,
|
| the insurance industry is one of
| |
| | you'll need the extra time to shop around
|
| Indiana's largest employers. That being
| |
| | for replacement coverage.
|
| said, that means there are many insurance
| |
| | If your policy does not cover flood
|
| options for homeowners in Indiana.
| |
| | damage, it must be stated prominently on
|
| Because the insurance industry is so
| |
| | the policy jacket or, you must be given
|
| large, there must be tough regulation to
| |
| | written notice that flood coverage may be
|
| ensure the protection of the consumer.
| |
| | available through the National Flood
|
| Here are some facts Indiana homeowners
| |
| | Insurance Program.
|
| should be aware of when securing
| |
| | In certain Indiana counties in
|
| homeowners insurance:
| |
| | southwestern Indiana along the Illinois
|
| If your homeowners policy is being
| |
| | Coal Basin, the insurance company must
|
| cancelled for non payment of premium, the
| |
| | inform you of the availability of mine
|
| notice of cancellation must be in writing
| |
| | subsidence coverage (coverage for homes
|
| and sent to you at least 10 days before
| |
| | built over mines that may collapse or
|
| policy cancellation.
| |
| | slowly settle) when they issue the
|
| If your insurance company does not want
| |
| | policy.
|
| to renew your policy, IDI requires the
| |
| | IDI also regulates how much an insurance
|
| notice be sent to you at least 20 days
| |
| | company can charge you for an inadvertent
|
| before policy expiration. As a consumer,
| |
| | bad check. Their charge may not exceed
|
| negotiate with your insurance company to
| |
| | $20 (this is in addition to the charge
|
| extend the 20 days to 30 or 60 day
| |
| | issued by the banking institution).
|
