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Why are galvanized pipes a reason for your homeowners insurance to cancel on you?
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∙ 12y ago
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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
Does home owners insurance cover assault in the home?
It would depend on who was assaulted, medical coverage that comes with the homeowners policy may cover a visitor to the home.
Does homeowners insurance cover an insect infestation if it was caused by a previous owner?
No, Homeowners insurance does not cover insect infestation nor preexisting damage to a home. Home insurance is for sudden accidental losses, not for home maintenance. This is a home maintenance issue and what an exterminator service is for. Part of any home maintenance plan should include an annual inspection by your chosen exterminator service company. Failure to maintain your home can be a reason for an insurance company to cancel or non-renew your home insurance policy.
Can insurance cancel your insurance after they have taken payment?
An insurance company can cancel your coverage for any number of reasons, all of which would need to be laid out in the policy (contract) that you signed with them upfront. The most common reason that a company would cancel your insurance would be for nonpayment. Other than that, you are probably safe unless you lied about something on the application.
Can you buy homeowners insurance if you have a gas fireplace?
Yes, the will probably ask you about your fireplace but I have never seen that as a reason for denial.
In the State of Indiana is there a grace period when a homeowners insurance policy expires before it is cancelled?
When an insurance company decides to cancel your policy, they are required to give you approximately 15-30 day notice. The time period required depends on the reason for cancellation. The best thing to do is to call your state department of insurance. Be sure to have the letter from the insurance company available, so that you can read verbatim why you are being canceled. The Indiana Department of Insurance website is www.in.gov/idoi
How do you stop your insurance company from cancelling your home owner's insurance?
Doubt that you can, insurance companies cannot simply cancel a policy for no reason, if you feel you have been unjustly concancelled contact your states dept of insurance and file a complaint.
Can you change home insurance after a claim?
If you have filed a home insurance claim through your existing home insurance company, you do have the right to change insurance companies if you were unhappy with the service you were provided, or for any other reason. As long as you have coverage in place at the time of the claim, you can cancel your policy and bind coverage with another company. It is important to receive quotes and bind your coverage before cancelling your policy because some companies will not accept homeowners with claims on their claims history report.
What reason willl home owners insurance pay for a new furnace?
If a broken pipe caused water to go in the furance and it no longer works is an example. Your homeowners insurance will not pay for wear and tear.
Can your insurance company drop your coverage for any reason?
Lost Insurance CoverageDrop?They can cancel your policy within 60 days of the effective date for numerous reasons. The most common reason is that the homeowner failed to disclose on the insurance application some risk condition or previous claims history. This is known as concealment and is illegal. The company would rather cancel the policy than file criminal charges against the applicant.They can cancel your policy during the policy term only for very specific reasons regulated by your state.They can Non-Renew the policy for any reason or for no reason if they so wish.
Can homeowners insurance specifically travelers drop you after just one claim?
Yes, it can happen, depending on what type of claim it was and especially if your a new customer with that insurance company. However, if you've been insured with them for many years there may be a specific reason they cancelled you. Claims that result from a failure of the homeowner to maintain a the home is often a reason for canceling or non-renewal of your policy. Without knowing the type of claim you had though, It's not easy to say why they would cancel you.
When can a car insurance company cancel you?
Insurance CancelAn insurance company can cancel you anytime they want to as long as they have a legitimate reason to do so, and they are required BY LAW to send you WRITTEN NOTICE to advise you of any cancellation should one occur. This not does not apply to monthly bill statements because within the bill statement it says that your policy will cancel should they not receive a payment. This is the most common reason for cancellations, when people don't pay their monthly insurance bill. Another reason you may be cancelled the company can consider you high risk. If you hve had too many accidents or have have made too many claims with a certain time period, they can cancel you because they feel it would actually cost them more to insure you versus insurance premiums you would pay to them. Finally, you can be cancelled for fraudulent reasons. If you lied on a claim, mileage at time of policy issue, or just cheated the insurance for whatever reason, they can cancel you. Also, if the offense is serious enough, you can be sued or possibly prosecuted.
