How do you get your previous mortgage company to endorse your insurance check for a claim on home for which was sold as is?
1 Ask them verbally to do so , if you havent already AND
__________ FOLLOW THE REQUEST UP WITH A LETTER STATING THAT YOU
REQUIRE THAT IT BE SIGNED AND RETURNED WITHIN 10 BUSINESS DAYS. IF
THEY WONT SIGN IT ASK THAT THEIR REASON BE STATED IN WRITING , ON A
COMPANY LETTERHEAD BY AN OFFICER OF THE INSURANCE AND SIGNED.
-----IMPORTANT SENT THE YOUR LETTER TO THE INS CO CERTIFIED AND
ANOTHER COPY FIRST CLASS, WITH VERIFICATION OF DELIVERY. REASON
BEING THAT THECERTIFIED LETTER MUST BE SIGNED FOR - USUALLY THEY
WILL BUT IF THEY DONT AND THE CERTIFIED LETTER IS RETURNED BUT THE
FIRST CLASS LETTER ISNT YOU HAVE PROOF THAT THE FIRST CLASS LETTER
WAS RECEIVED. THE POST OFFICE WILL DOCUMENT FOR YOU THAT THE FIRST
CLASS LETTER WAS DELIVERED , YOU MUST KEEP THE VERIFICATION CARD
THE PO GIVES YOU AND FOLLOW UP ON IT BY CALLING THE NUMBER ON THE
CARD , THIS WILL TELL WHEN IT WAS DELIVERED AND THE POST OFFICE
EMPLOYEE WHO DELIVERED IT WITH THE TIME ETC. 2 MOST TIMES THIS WILL
KICK THEM IN THE PANTS WHEN THEY GET A CERTIFIED LETTER WITH THE
REQUEST BECAUSE UNLESS THERE WAS AN OUTSANDING LIEN ON THE PROPERTY
THAT HASNT BEEN CLEARED TEHY HAVE NO LEGAL RIGHT TO IMPEDE YOU FROM
COLLECTING ON A LEGITIMATE CLAIM. 3 DID THEY DISPUTE THE CLAIM ? IF
SO WHAT IS THE BASIS 4 IF THEYDID NOT I WOULD EXPLAIN TO THEM
VERBALLY AND IN WRITING THAT THEY ARE COMMITING FRAUD BY COLLECTING
PREMIUMS , AND FAILING TO PAY OUT NON DISPUTED CLAIMS, I SUGGEST
THAT YOU DISCUSS IT WITH SOMEONE AT A HIGHER LEVEL THAN THE CLAIMS
PERSON , BECAUSE THEY ARE JUST MOUTHPIECES ESSENTIALLY WITHOUT ANY
MEASURABLE AUTHORITY. ASK TO SPEAK TO THE CLAIMS DEPT SUPERVISOR OR
ASK FOR THE CORPORATE COMPLIANCE OFFICER - THAT WILL USUALLY DO THE
TRICK. WHEN YOU ASK FOR THEM THEY KNOW THAT THEY PROBABLY WONT BS
YOU. 5 THE ISSUE OF THE HOUSE BEING SOLD AS IS SHOULD HAVE NOTHING
TO DO WITH A CLAIM. HOWEVER IF THE CLAIM IS COVERING A LIABILITY
CLAIM VS. A PROPERTY DAMAGE CLAIM THEY MAY BE WAITING TO SIGN OFF
IF THERE IS A PENDING SUIT AGAINST THE COMPANY OR IF THEY FEEL THEY
CAN FOR SOME UNEXPLAINED REASON TO YOU THAT THEY MAY BE ABLE TO
WEASEL OUT OF PAYING THE CLAIM 6 IF YOU DONT HAVE ANY LUCK WITH
THOSE AREAS - ASK YOUR AGENT WHAT THE HOLDUP IS - AGAIN IN WRITING-
REQUESTING A WRITTEN RESPONSE- A GOOD AGENT CAN OFTEN CLEAR UP THIS
TYPE OF PROBLEM - THEY DONT WANT TO LOOSE BUSINESS - ESPECIALLY IF
YOU HAVE BEEN A LONG TIME CLILENT AND YOU HAVE FRIENDS/RELATIVES
WITH THE SAME AGENT - THE THREAT OF LOOSING THAT BUSINESS AND
GETTING BAD MOUTHED IN THE COMMMUNITY HELPS MOVE THE POINT 7 CHECK
WITH YOUR STATE INSURANCE DEPT AND FILE A COMPLAINT AGAINST THE
COMPANY. GOOG LUCK