What Happens When Your Homeowners Insurance Gets Cancelled?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    You will be financially exposed for any liability claims and any damage to your home that is not covered by someone else's liability coverage. If you have a mortgage your lender may require you to pay the premium for coverage that they are able to secure for the property if you do not obtain coverage on your own (typically within 30 days).
    Answered on May 23, 2013
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