1. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    If you have suffered a covered loss and have filed a claim with your insurance company, it is pretty unlikely that you will be forced to make this decision.  In my experience, most companies do not take adverse action like non-renewing a policy for filing one claim.  It is, however, possible that you may see your premium increase a bit as a result of that claim.
    Answered on April 30, 2014
  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    A claim may result in a notice to “non-renew.”  This would happen if the home is exposed to a hazard that has not been “mitigated.”  If your home is on a bluff overlooking the Pacific Ocean and part of the bluff falls into the ocean, your current insurance company might decide to “non-renew.”  If you can demonstrate to either your current company or a subsequent company that you have taken adequate steps to eliminate that danger, you should be able to secure coverage.  The other reason that a policy might “non-renew” might be moral.  If you have attempted to defraud the company or shown negligence in maintaining the property, they might chose to “non-renew.”  That doesn’t mean that another insurance company might not insure you.  Large brokerages frequently have the capacity to insure really difficult risks. 
    Answered on April 30, 2014
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