Can you file a claim against two homeowners insurance companies at the same time?

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My homeowners from Farmers was about to expire , so I went ahead and bought All State. Right after I had bought All State, but my Farmers homeowners hadn’t expired yet (So at the time, I technically had 2 homeowners from 2 different companies), my home was damaged from a hail storm. I’m wondering if it’s allowed if I filed a claim for the same loss from both companies at this point.

  1. Reply
    June 26, 2011 at 10:22 am

    That’s not nearly enough information. Why are you filing 2 claims? Are they for the same loss? Is one for damage and one for liability?

    EDIT – you do know it’s illegal to have duplicate coverage, right? and filing a claim for what you said under both policies is considered fraud, right? I’d be calling my agent right now to get this fixed asap.

  2. Reply
    A Hunch
    June 26, 2011 at 10:30 am

    Why would you start a new policy before the old policy expired? Does All State know there was another policy in place? It might be against the policy to have another insurance in place.

    To answer your question, yes you can CLAIM on two policies but you can’t collect more than the cost so the damage.

  3. Reply
    Dion J
    June 26, 2011 at 10:33 am

    If you have two policies that apply, you MUST notify both companies. Each will pay a portion of the loss.

  4. Reply
    June 26, 2011 at 11:02 am

    You cannot receive more money from insurance companies than you would have received if you had insurance with only one. If you made a mistake and filed a claim with the wrong company, then, after that company denies the claim because you filed it with the wrong company, you can file it with the right company. You cannot get double the money by having both companies pay you for the same loss.

  5. Reply
    June 26, 2011 at 11:38 am

    Yes, absolutely you can.

    But you don’t get double payment – they “share” the loss.

    It’s NOT illegal to have two different policies. It just doesn’t make sense to do that, because you don’t get any extra COVERAGE. You pay twice, and still only collect once – and meanwhile, the two companies fight over how to divide the bill, and how to agree on the amount due.

  6. Reply
    R Glenn Matsen
    June 26, 2011 at 12:09 pm

    You can but it will be “prorate”, meaning each carrier will share in the loss up to the limit of coverage that you have. You might have an issue with each carrier taking their own deductible before they pay you. You can’t make a “profit” on the claim.

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