U.S. property insurance

Spring 2014 CSANews Issue 90  |   Posted date : May 12, 2014.Back to list

Bird talk - Le Jaseur
Dear Bird Talk,
Just wondering if CSA or others have done any investigation of U.S. property insurance? We were given an initial quote for a new home in Arizona, only to have that quote revised upwards by 50% as soon as they found out that we were Canadian. The second company which we approached quoted us double! Does anyone know of an honest U.S. insurance company that does not discriminate on the basis of nationality?
D. McCaig,

Response :
Ed.: This is a tough issue for both buyers and the insurance companies. You are not being discriminated against because you are Canadian, but because you leave your southern home vacant for six, seven or eight months every year. Actually, a 50% surcharge in your situation is very fair if you are being issued a full homeowner’s policy with all of the “bells and whistles.” The first company that you contacted was probably the right one.

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