Why Underwriter's Deserve To Rot In Hell

[insurance1822]

^I know guidelines inside & out. This is in reference to property inspection results & nitpicking situations. How do you ask an insured to sign a statement saying a pool won't be replaced by his tenant is absurd. Of course you can't control another human being so what if the tenant replaces it 5 years later & a claim comes through? Underwriters response "we'll use that to deny the claim"

absurd.

 

[Placementkid]

I get that UWs have to protect the company the best they can, which is why they roll out stupid crap like this. At the end of the day, that little signed letter will get tossed out in court and the carrier may end up having to pay anyways.

Just remind him that the other carriers are in the business of paying claims, not finding ways to deny them. Nobody wants to place business with a carrier who goes out of their way to deny claims.

 

[GXR2]

Landlord needs to get some balls an send a certified letter to the tenant stating - Due to property insurance regulations and liability risks no pools allowed on property and if in violation will result in termination of lease and 30 day notice to vacate. Send copy of such letter to underwriter as the letter of proof - if it occurs again the source of the non-compliance will be evicted. Your client should not sign anything as it puts the risk on him. It's harsh but your client needs to understand the potential risks he faces if a kid gets injured or worse dies. At least if the tenant is non-compliant behind his back they can't claim your client approved the pool. If your client or his property management company isn't visiting his properties on a regular basis he has no business being a landlord.