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Insurance companies can't keep you from getting home insurance due to a felony unless its related to insurance fraud. They do ask the question because losses occurring under certain circumstances could be investigated in a much closer manner. (ie. arson or theft)
PA Agent K
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∙ 12y ago
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Can you get insurance at the scene for a accident?
Trying to get insurance to cover an accident that has already happened is Insurance Fraud, which is a Felony.
Do you have to insure your home for more than the mortgage balance?
To the insurance company, your mortgage balance has no impact on how much insurance coverage you need for your home. Homeowners insurance is based on the replacement/reconstruction cost of your home.
Can a felony affect you getting a home loan?
no because that has nothing to do with you having money
How does direct line home insurance work?
Home insurance, also commonly called hazard insurance or homeowner's insurance (often abbreviated in the real estate industry as HOI), is the type of property insurance that covers private homes.
What are the benefits of purchasing home mortgage insurance?
A home mortgage insurance allows a person to buy a home without meeting the 20% down payment. it also allows for more flexibility by affordable premiums. Home mortgage insurance can be transferred from one home to another.
What makes home insurance fraud a felony?
The law makes it a felony. Any kind of fraud is against the law if it intends to make a gain to which you are not entitled.
Can you get life insurance with a felony?
Yes. You can still obtain life insurance with a felony on your record.
Can you get a life insurance license in Michigan if you have a felony?
I was told by Bankers life and Casualty insurance company that if you have a Felony, Michigan will not issue a license to sell life insurance to you.
Can you get a license to sell insurance with a felony in KY?
can I get licened to sell insurance in ky with a felony conviction in oh 19 years ago
Can you get car insurance with a felony?
Yes, but it depends on the nature of that felony. In most cases you can still buy auto insurance if you have a felony record. However, if your felony record involves a motor vehicle such as Vehicular Homicide where you have a record of using a vehicle as a weapon, then it is not likely any insurance company would be willing to insure you.
Can you get homeowners insurance if convicted of a felony?
Yes
Can you get a life insurance license if you have a felony?
In VA...NO
Can you get an insurance license in Texas with a felony?
There are different types of insurance licenses and criteria vary by type. In some instances those with a felony cannot obtain a license and in other cases felony charges are not an issue.
Can you get homeowners insurance with a felony arson conviction?
Most homeowners insurers will deny coverage to such a person for a stated number of years. The duration of time will vary with the insurer.
Can you get insurance at the scene for a accident?
Trying to get insurance to cover an accident that has already happened is Insurance Fraud, which is a Felony.
Does a felony disqualify you from getting an insurance license?
It generally depends on how long ago you were convicted of the felony and what the felony was for. Any felony involving theft of money and/or fraud will most definitely disqualify you.
Can you get a licence to sell auto insurance in California with a felony?
I have seen some that have, a felony will not necessarily disqualify you from being licensed.
