home insurance beware | Selling

dobo5250 · 2024-02-16T16:57:49.053000Z

do not ever mention to your home insurance agent that you do any ebay sales.mention so you don't completey lie that you occationly sell items on ebay but don't mention ita a part time or full time business in the course of a insurance review manditory very five years by law i was told i let it slip that i sell on ebay as a partime occasion even though my inventory is at locker location and covered by seperate insurance and i have a post office box for return items so nothing is at my house -- well after the review and items of house updated -- e.g new roof installed ,breaker box upgraded 100 to 200 amps ,triple sump pumps added protection agaist floods , alarms updated etc etc i was expecting a slight increase of say 10%-12% what i got was a 33 % increase due to no small part of me telling the agent i was selling on ebay so now my insurance goes from $1014 yearly to $1339 for standard coverage and deductable which is 1000 dollarswhen i was told after picking myself off the ground the reason the high increase was the ebay selling i protested and was told that i could find another insurance company - that won't happen - so i guess i was told in a years time i can reavalueate the policy - which at that time i will tell them what i have to to bring the rate down ----- lesson learned ---- hope others learn from my costly mistake

Home
News & Updates
- Announcements
Discussion Boards
- - About the Community
  - Community Feedback
eBay Help

Discussions