Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
A homowner’s policy can be cancelled prior to the completion of the policy term. All coverage ends on the date of cancellation. The company will cancel a policy if the scheduled premium isn’t received. It will cancel if you have by fraud, misrepresentation or by omission of fact caused the company to issue a policy that they would not otherwise have issued. They will cancel the policy if there has been a material change in the property that would increase the likelihood of claim. The company is required by law to allow a certain period of time before cancelling the policy. Unused premium is returned according to policy provisions.
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A homowner’s policy can be cancelled prior to the completion of the policy term. All coverage ends on the date of cancellation. The company will cancel a policy if the scheduled premium isn’t received. It will cancel if you have by fraud, misrepresentation or by omission of fact caused the company to issue a policy that they would not otherwise have issued. They will cancel the policy if there has been a material change in the property that would increase the likelihood of claim. The company is required by law to allow a certain period of time before cancelling the policy. Unused premium is returned according to policy provisions.