| Don't pay. Simple. Just don't pay them.. Until your insurance company fesses up with some Checks. Everybody gets bupp-kiss. That includes the mortgage company.. which, unless you are well into your payments doesn't want to take a loss of a burnt down property, so they'll work with you. However, like all insurance companies, they don't like paying out on these claims which are going to be around 1,000,000+ we're not just talking about the home.. but included or surcharged coverages such as the AT&T equipment. So, first things first. Have them send you a bill for the insurance company. Then, maybe if the money trickles down.. they could get paid. Unpaid debits in disasters such are very favorable conditions when filing for bankruptcy.
The insurance industry had to clean up it's act post Katrina, especially for COVERED losses such as FIRE unless the home-owner was responsible for the fire. They have to expedite claims under new rules. Keep in mind, many of these home owners will probably either get subsequent cancellations and/or HUGE increases in their policies and be put in HIGH RISK POOLS for insurance purposes. |
