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Could a homeowners insurance company cancel your policy for having a dead tree on your property?
Wiki User
∙ 18y ago
Yes if it poses a property damage or liability threat. But, they should have sent you notice of intent to cancel if you did not have it removed in a set period of time. You must remove it now as you will have great difficulty obtaining coverage going forward. 4lifeguild
Wiki User
∙ 18y ago
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Can an insurance company cancel homeowners if foundation needs some resurfacing?
yes
Can a mortgage bank or company cancel your homeowners insurance with a private company?
What do you mean "private company" If you have HO insurance the bank can not canel it. Only you can.
Is it illegal for a homeowners insurance company to drop you?
No, it is not illegal for a homeowners insurance company to drop you. But they have to follow the rules for cancellations and non-renewals for the state they are operating in. For example, in Louisiana, if you have been with your homeowners insurance company for 3 years, they can't drop you. In Florida your homeowners insurance company can drop or cancel you but they must meet the minimum notification timeframes.
Can Allstate cancel your homeowners insurance because the foundation of your dwelling is not continuous?
Yes, If the condition of your home or any of it's pertinent structures does not meet the Insurance Company's underwriting guidelines they can deny or cancel a policy.
Can any insurance company cancel your policy because of necessary roof repairs?
Sure. If you do not maintain the property you can expect any insurance company to cancel your policy. Maintenance is not covered by a homeowners insurance policy but lack of proper maintenance is a definite cause for cancellation. They do not want to insure a property that is not kept up. The term insurance companies use is pride of ownership. This shows that the owner cares about and for the property. If the roof already needs replacing the next time a small storms comes also comes a claim for a roof that should have already been replaced.
Can you get a refund on homeowners insurance if you no longer own the property?
You may cancel a policy of any kind whenever you like and you will receive a refund on the unearned premium. If you don't own the property any longer, you certainly can cancel the policy. Make sure your agent cancels as of the day after you sold the property.
Can an insurance company cancel your homeowners insurance if you refuse to install exterior stair rails?
As long as the contract itself has no specifically stated agreement that shows coverage is unconditional, then, as long as they give proper notice, an insurance company can cancel ANY insurance policy for ANY reason. Of course, if you disagree with the decision, you can always consult an attorney and go from there
Do you get a refund if you cancel homeowners insurance?
Yes, if you cancel your home insurance policy mid term you would be entitled to the unearned portion of your premium payments.
Can a insurance company cancel your insurance because you do not live in your home?
Yes, The terms of our Homeowners Insurance Policy state that we must notify the insurance company if there is a change in residence of the home. Failure to comply with the terms of the insuring contract are grounds for cancellation or non-renewal of the policy.
Are rental homes protected under homeowners insurance policies?
No. In the united States, Homeowners Insurance polices are Null and Void at the moment your home is rented unless you have had the policy endorsed for rental property coverage. This is often referred to as "Landlords Insurance" and requires a different policy form known a "Dwelling Policy". Most Insurers will simply cancel the old Homeowners policy and issue a new "Dwelling Policy" form to cover you as this is the appropriate policy form. Your landlord's insurance policy, or "Dwelling Policy" will cover your rented home. It is certainly possible to have property and liability insurance on a rented property but not on a traditional homeowners Insurance policy form.
How can you get a refund when your mortgage company and you both pay for homeowners?
Yes and it happens quite often. Usually when you let you Homeowners insurance cancel or change companies and fail to notify your insurance company to send a copy to the mortgagee. If the mortgagee does not have proof that you have insurance and have them listed on such insurance, they will place "force-placed" coverage on the property to protect themselves and they will charge you for this coverage. As long as you get them notified and proof quickly, they will cancel their policy and refund you the premium. Make sure you know that the coverage they purchase on your behalf only covers them and covers no contents of yours, no liability coverage, and only covers the bare minimum coverage. And it is usually more expensive than homeowners you buy on your own. When you get a mortgage on your home your agreement is that you keep insurance on the home. If you let it cancel or don't have such insurance you are in breech of contract and they could foreclose on your home or put this coverage on it, their choice.
Can i cancel flood insurance if i have a mortgage?
If your property is in a flood plain or your mortgagor requires flood insurance, no, you cannot cancel flood insurance.
