Kegconnection Complete Starter Kit and More Giveaway!


Home Brew Forums > Home Brewing Community > General Chit Chat > Lead Paint Test

Reply
 
LinkBack Thread Tools
Old 01-03-2011, 09:20 PM   #41
JohnTheBrewist
Feedback Score: 0 reviews
Recipes 
 
Join Date: Nov 2010
Location: SoCal
Posts: 620
Liked 8 Times on 7 Posts
Likes Given: 6

Default

I think you can be comfortable that there is no fraud in not reporting it to your insurance company. The EPA guidelines dont require it. However, if they specifically told you that you must report any such findings (read your policy's small print), and you didn't, then they may likely withhold payment of a claim (especially if the claim was related to the lead.)

I also can't see any justification behind raising the rate just because you found lead in a house where lead is likely to have been. If your worried at all about it, call an insurance company and ask them how this new law affects the rates.

__________________
JohnTheBrewist is offline
 
Reply With Quote Quick reply to this message
Old 01-04-2011, 01:46 AM   #42
dataz722
HBT_SUPPORTER.png
Feedback Score: 0 reviews
 
dataz722's Avatar
Recipes 
 
Join Date: Oct 2007
Location: Middletown, De
Posts: 35,794
Liked 2991 Times on 2945 Posts
Likes Given: 28

Default

Quote:
Originally Posted by MenkeMoose View Post
I think you can be comfortable that there is no fraud in not reporting it to your insurance company. The EPA guidelines dont require it. However, if they specifically told you that you must report any such findings (read your policy's small print), and you didn't, then they may likely withhold payment of a claim (especially if the claim was related to the lead.)

I also can't see any justification behind raising the rate just because you found lead in a house where lead is likely to have been. If your worried at all about it, call an insurance company and ask them how this new law affects the rates.
Not really sure what the EPA has to do with insurance company and laws but I can tell you that it does matter. And there is no need to call some random insurance company. I can tell you that just about every insurance company will either raise your rates or cancel/not accept someone with lead paint. That is true at least for the 6 states that I am licensed to sell insurance in.
__________________
Quote:
Originally Posted by Yuri_Rage View Post
Sorry, I am sworn as a mod to disagree with the above statement. But as a rational person, I do agree.
Quote:
Originally Posted by Randar View Post
I was wrong
dataz722 is offline
 
Reply With Quote Quick reply to this message
Old 01-04-2011, 03:18 AM   #43
JohnTheBrewist
Feedback Score: 0 reviews
Recipes 
 
Join Date: Nov 2010
Location: SoCal
Posts: 620
Liked 8 Times on 7 Posts
Likes Given: 6

Default

I mention the EPA because this EPA law was just promulgated last year. Otherwise, you wouldn't have been required to do the testing to begin with.

So my questions are "Wouldn't one already be paying a higher rate for a 1935 home unless you could prove the lead had been abated?" And "If that's the case, why would they care if you had a test that shows there is still lead?"

__________________
JohnTheBrewist is offline
 
Reply With Quote Quick reply to this message
Old 01-04-2011, 12:43 PM   #44
509inc
Feedback Score: 0 reviews
Recipes 
 
Join Date: Jan 2010
Location: OKC
Posts: 1,245
Liked 51 Times on 46 Posts
Likes Given: 222

Default

Quote:
Originally Posted by dataz722 View Post
I can tell you that just about every insurance company will either raise your rates or cancel/not accept someone with lead paint. That is true at least for the 6 states that I am licensed to sell insurance in.
Are you serious? What six states is that?

Menke has some damn good questions as well.
__________________
509inc is offline
 
Reply With Quote Quick reply to this message
Old 01-04-2011, 01:52 PM   #45
dataz722
HBT_SUPPORTER.png
Feedback Score: 0 reviews
 
dataz722's Avatar
Recipes 
 
Join Date: Oct 2007
Location: Middletown, De
Posts: 35,794
Liked 2991 Times on 2945 Posts
Likes Given: 28

Default

Quote:
Originally Posted by MenkeMoose View Post
So my questions are "Wouldn't one already be paying a higher rate for a 1935 home unless you could prove the lead had been abated?" And "If that's the case, why would they care if you had a test that shows there is still lead?"
As far as a higher rate already, that really is a case by case basis, sometimes yes sometimes no. It depends on mayn different things like the company, the area, the condition of the home, and updates done to the home.

The reason insurance companies care about lead paint is that it is a liability exposure for them and also could increase the repair costs if there was a physical damage claim.

Quote:
Originally Posted by 509inc View Post
Are you serious? What six states is that?

Menke has some damn good questions as well.
VA, DC, MD, DE, PA, and NJ.
__________________
Quote:
Originally Posted by Yuri_Rage View Post
Sorry, I am sworn as a mod to disagree with the above statement. But as a rational person, I do agree.
Quote:
Originally Posted by Randar View Post
I was wrong
dataz722 is offline
 
Reply With Quote Quick reply to this message
Reply


Quick Reply
Message:
Options
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
New Lead Change... and now it's a boat-race! olllllo General Chit Chat 1 12-17-2007 04:45 AM
Lead Singer of Boston Dies! johnsma22 General Chit Chat 9 03-13-2007 06:55 PM
dog may have ingested a little paint todd_k General Chit Chat 15 01-13-2007 05:21 PM
New Stone lead brewer Dude General Chit Chat 5 05-21-2006 06:45 AM
Paint shop pro help? Dude General Chit Chat 6 04-06-2006 05:18 AM