Homeowners Insurance Canceled Your Policy: Now What?

Navigate homeowners insurance policy cancellation: Understand your rights, find new coverage, and save money. Learn how to appeal and review the cancellation reason. Compare quotes online from financially secure companies, and explore available discounts to protect your home and your budget. Make an informed choice to safeguard your home and ensure peace of mind.

UPDATED: Dec 2, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Dec 2, 2023Fact Checked

Free Home Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

Michael Leotta

Insurance Operations Specialist

Michael earned a degree in Business Management degree with an insurance focus, which led to a successful 25-year career in insurance claims operations and support. He possesses a high-level of business acumen across multiple areas of the insurance industry. Over the course of his career, he served in multiple roles supporting claims operations including: Claims Specialist, Claims Trainer, Claim Au...

Insurance Operations Specialist

Michael Vereecke

Commercial Lines Coverage Specialist

Michael Vereecke is the president of Customers First Insurance Group. He has been a licensed insurance agent for over 13 years. He also carries a Commercial Lines Coverage Specialist (CLCS) Designation, providing him the expertise to spot holes in businesses’ coverage. Since 2009, he has worked with many insurance providers, giving him unique insight into the insurance market, differences in ...

Commercial Lines Coverage Specialist

UPDATED: Dec 2, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

UPDATED: Dec 2, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Dec 2, 2023Fact Checked

Welcome to our comprehensive guide on what to do when homeowners insurance cancels your policy. If you’ve received a notification about the cancellation of your homeowners insurance policy, it’s natural to feel concerned. In this article, we will provide you with valuable information on understanding your rights, appealing the cancellation, and finding new coverage options.

We’ll also discuss the importance of comparing rates from the best insurance providers to ensure you get the coverage you need at an affordable price. To get started, simply enter your ZIP code below and compare rates from top insurance providers in your area. Don’t let a canceled policy leave you unprotected – take action now and secure the coverage your home deserves.

 

 

Most mortgage lenders will make having home insurance a condition of your mortgage, so if your insurance company notifies you of an intent to cancel your policy you would be rightfully concerned.

You have the right to review the reason for the cancellation and appeal the finding. It may be that your notification was a mistake and the error can be easily corrected. If not, you will need to find other coverage as quickly as possible to prevent a lapse that could cost you your home.

Shop online for home insurance and compare insurance quotes. Using a website like ours that offers insurance quotes will provide you with some comparison quotes so you can narrow down the choices.

Keep in mind that a standard homeowners policy varies from company to company and make sure that the companies you get quotes from offer everything you need in a policy.

Once you have chosen a couple of companies, check their financial rating with a company like A.M. Best to find out how well they are financially rated. A high score, A++ with the Best Company, indicates an insurer with a lot of assets and financial resources. Lower scores could indicate financial difficulties. Since a mortgage is a long term financial undertaking, use an insurance company with a solid foundation to back your family’s dreams. Read insurance company reviews to also get a feeling for how other people rate the company.

Look for discounts that can help you get cheaper home insurance premiums while you are shopping. You can get discounts for your occupation, your marital status and your credit score. You can also receive discounts for making your home safer, such as installing deadbolt locks or a monitored security system. There are over a dozen discounts available, and the more you can get, the lower your insurance costs will be. You may not have wanted to change your insurance company, but doing so could save you a great deal of money if you do it right.

Frequently Asked Questions

Whats is Homeowners Insurance?

Homeowners insurance is a type of insurance policy that provides financial protection for a person’s home and personal property. It typically covers damage to the home and personal property caused by events such as fire, theft, and natural disasters. It may also provide liability coverage for accidents that occur on the property.

What is a deductible in homeowners insurance?

A deductible is the amount you are responsible for paying out of pocket before your insurance coverage kicks in. For example, if you have a $1,000 deductible and your home sustains $5,000 in damage, you would pay the first $1,000 and your insurance company would cover the remaining $4,000.

Can I customize my homeowners insurance policy?

Yes, many insurance companies offer customizable homeowners insurance policies that allow you to choose the specific types and amounts of coverage you need.

Can I make changes to my homeowners insurance policy after I purchase it?

Yes, you can usually make changes to your homeowners insurance policy after you purchase it.

What is liability coverage in homeowners insurance?

Liability coverage in homeowners insurance provides protection if someone is injured on your property or if you or a family member causes damage to someone else’s property. It can help cover the cost of legal fees and medical expenses.

How can I lower the cost of my homeowners insurance?

There are several ways to lower the cost of homeowners insurance, such as raising your deductible, bundling your homeowners insurance with other types of insurance, installing safety features in your home, and maintaining a good credit score.

Compare The Best Insurance Quotes In The Country

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption

Michael Leotta

Insurance Operations Specialist

Michael earned a degree in Business Management degree with an insurance focus, which led to a successful 25-year career in insurance claims operations and support. He possesses a high-level of business acumen across multiple areas of the insurance industry. Over the course of his career, he served in multiple roles supporting claims operations including: Claims Specialist, Claims Trainer, Claim Au...

Insurance Operations Specialist

Michael Vereecke

Commercial Lines Coverage Specialist

Michael Vereecke is the president of Customers First Insurance Group. He has been a licensed insurance agent for over 13 years. He also carries a Commercial Lines Coverage Specialist (CLCS) Designation, providing him the expertise to spot holes in businesses’ coverage. Since 2009, he has worked with many insurance providers, giving him unique insight into the insurance market, differences in ...

Commercial Lines Coverage Specialist

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

Free Insurance Comparison

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption