Attn: Insurance Clients Past & Present

摘要

In the past, if you had placed your home insurance with us through AIG there are some changes to be aware of. AIG sold all their home insurance business to Homesite Insurance Company. Since that time we have had no authority to service any of these Homeowners Policies. Prior to that however, there was another change that has impacted several of our members. Before AIG sold off their homeowners book of business to Homesite Insurance Company they instituted a 1-2% wind hail deductible in several areas of Minnesota. Since then, we have had several calls from past members informing us of their dissatisfaction with the deductible change. Many of our members were unaware of the change in their wind and hail deductible until they submitted a claim. This change has impacted many them. If your home is insured for $200,000, a 1-2% Wind/Hail deductible means you would be responsible for the first $2,000-$4,000 worth of damage. This can be quite a shock come claim time.