Can My Homeowners Insurance Company Drop Me?
16470 POINTSview profileDavid OsgoodAgent, Rural Mutual Insurance Co., Union Grove, WIA carrier can drop you as a client typically with at least fifteen days notice. Typically a carrier will drop a client if information provided during the application process is found to be misrepresented or fraudulent. If you have had a large number or high dollar amount of claims a carrier may not be willing to accept you as a risk. State regulations and carrier risk tolerance varies. If you have additional questions or concerns about this contact your local agent, your carrier, or your state's commissioner of insurance.Answered on June 11, 2013flag this answer
150 POINTSview profilePaul NelsonOwner, Paul Nelson Insurance Services, Santa Cruz, CAIn California an insurance company has 60 days from the date your coverage is bound to complete their underwriting on your home and accept or deny coverage. Once it passes 60 days they can not cancel coverage until renewal unless you willfully misrepresented information or the policy cancels due to non-pay.Answered on June 11, 2013flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
.JPG){kind=avatar}
