Homeowner's Insurance Question

[Purple Cat]

I switched homeowner's insurance and about 7 months after the change to a very good company discovered that I had sustained hail damage during a storm that occurred during the period that I still had coverage with my original insurer.  The incident happened while I had coverage with Company A.  Many months after I changed to Company B, I discovered that I had sustained damage that occurred while coverage was with Company A.  I filed a claim with Company A, and Company A paid the claim.  (The area had been declared a disaster area due to this storm.) 

 

I am looking at changing my policy with Company B to a cheaper policy.  (They are reputable but the rates I am paying have skyrocketed during the last two years.)  Company B is asking me to complete a new application to get this cheaper policy.  The application asks about claims during the past 5 years.  Won't Company B already know about the claim with Company A?   Don't they check everything when they get ready to renew your policy?  Is there a chance I will be denied because I had filed a claim with Company A for damage I learned of after purchasing the Company B policy?

 

Thank you!

[Lara in Colo]

If you don't disclose EVERYTHING, they can deny anything in the future if they find out--- it will negate your policy.  Tell it all, even if you think they already know it all.

[carriede]

I don't know any about insurance... I don't know why Company A would ever report anything to Company B. I agree with the PP. you can get in big trouble if you don't tell, regardless of their own intel.

[Purple Cat]

Thank you!  I just called them and explained what occurred.