Drones May Determine Whether You Get To Keep Your Property Insurance Policy

Newsradio WJNO

Drones are used for so many things now, and that includes checking to see if your home meets policy requirements. But not everyone is happy about that.

Amy Bach with consumer advocacy group “United Policyholders” says a lot of people are losing their insurance this way.

“It’s one thing to use those photos and say we want you to fix this or we’re going to charge you more, but it’s another thing to say bye-bye!”

She says that is happening way too often and is calling on state lawmakers to put some more power in the consumer’s hands and ask for a longer grace period to fix issues if your insurance company decides to drop your coverage.

But Mark Friedlander with the Insurance Information Institute tells CBS 12 News that the drones are imperative to keep costs down.

“Less claims equals better pricing for everybody. So that’s really the goal here. The goal isn’t to cancel people’s policies or to have a gotcha.”

He says insurers are required by law to give homeowners 48 hours notice before an inspection and tell you why they’re not renewing your policy.


The information presented in this publication is for general informational purposes and is not a substitute for legal advice. If you have a specific legal issue or problem, United Policyholders recommends that you consult with an attorney. Guidance on hiring professional help can be found in the “Find Help” section of www.uphelp.org. United Policyholders does not sell insurance or certify, endorse or warrant any of the insurance products, vendors, or professionals identified on our website.

Source: https://uphelp.org/drones-may-determine-whether-you-get-to-keep-your-property-insurance-policy/
Date: October 14, 2024