Refusal of home insurance renewal
We had house insurance with them for over 50 years. At renewal I informed Baloise the house will be demolished and asked to reduce the insured value. As I didn’t receive the request to pay I checked what was going on. I was told that further insurance isn’t possible because the house is not occupied anymore. They cancelled the contract without informing me - I had to call to find out. The reason: the risk is too high as nobody lives in the house. They cashed 50 years of insurance premiums… No words.