High Risk Home Owners Insurance

Indianapolis, Indiana
Insurance
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High Risk Home Owners Insurance

Joshua Minatel
Member since 2022 · 9 posts · 4 votes

So, unfortunately I had a house fire in April of 2025. Now, my insurance says they won't pick me up for 2026. Large claim and no other companies so far are will to take me on their insurance.  The state ran insurance does not meet my property value so that won't work for the mortgage company. Ideas on this?

Thanks in advance. 

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  • Owen RosenBusiness Member
    Professional · Clinton Township, MI · Member since 2015 · 676 posts · 259 votes
    8mo

    One claim does not usually make you uninsurable...is the property repaired?

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  • Joshua Minatel
    OP
    Member since 2022 · 9 posts · 4 votes
    8mo

    The property is still being repaired, but won't be fully repaired until after insurance drops me. The claim was over 300k. 

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  • Isabella Parra
    Member since 2025 · 5 posts · 1 vote
    8mo

    Hi, I'm an insurance agent. I would reach out to a brokerage that has more options than just the big ones that you're familiar with and see if any excess and surplus insurance companies will take you. They have a bigger appetite for risk than most other companies- however I saw your note about it not being repaired until after your insurance drops you. A gap in coverage will be another difficult thing to overcome for insurance and you can't get insurance while having an open claim with your current insurance company. Not great news but its good to know ahead of time as you deal with this issue.

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  • Tony Wilcox
    Insurance Agent · Member since 2020 · 177 posts · 76 votes
    8mo

    Josh, being in the Indy area I know there would be some options available. Without any knowledge to the exact claim and situation at worse there should be a surplus lines option available. 

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  • John T.Pro Member
    Investor · East coast · Member since 2017 · 56 posts · 16 votes
    6mo

    Hi @TonyWilcox , do you think for cases like that it is better to hire a Public Adjuster? IF so, can you recommend some in the Indianapolis area? 

    Thank you.

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    • Owen RosenBusiness Member
      Professional · Clinton Township, MI · Member since 2015 · 676 posts · 259 votes
      6mo
      Quote from @John T.:

      Hi @TonyWilcox , do you think for cases like that it is better to hire a Public Adjuster? IF so, can you recommend some in the Indianapolis area? 

      Thank you.

       The original poster is having an issue finding an insurance policy not looking for help with a claim.  Not the purview of a public adjuster.

      @Joshua Minatel were you able to find a new policy?

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      WebsiteView Page
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