1. 75 POINTS
    Great question. This happens more often then you'd think. First thing you want to do is get busy finding a new policy to protect your investment especially if you have a mortgage. Mortgage companies will charge you for what's called "A Forced Placed Policy". This is a policy that covers their interest, you have no coverage for your self, your personal property or to rebuild your home in the event of a total loss. Without scaring you understand this type of policy will cost thousands of dollars and does nothing for you except raise your monthly mortgage payments.

    You also want to know why they cancelled your policy. Was it a roof replacement? Tornado? Fire? Small claims can add up as well prompting a cancellation. We want to think about the claims we file before we file them. If it's something you can handle without filing a claim do so, remember your future rates are at stake.

    1. Get on the phone and call your insurance company. Ask them why they cancelled you. You'll need to know this before you call around for rates.
    2. Call insurance agencies that work with multiple insurance companies. (One company may take you with no claims and another may have guidelines of a limit of a number of claims where some may not take fire or water damage claims)
    3. If all else fails and you can't find coverage due to claims then call Farmers Insurance, they have a company "Foremost" (also some independent agencies have them as well) they take risks with a high number of claims.

    Shop around, it shouldn't take you more then a few hours to find a company that will take your home.
    Answered on August 27, 2013
  2. 14231 POINTS
    Tom SheehanPRO
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    If your insurance company cancels your coverage, they will hae to explain the reason, in writing, and give you a certain amount of notice in most cases. The best place to start your inquiry is with your Insurance Professional. There may be any of a number of reasons that a company takes this action. It could be claim related, in which case it will probably be a non-renewal cancellation. It could be due to the home being deemed to be vacant, in which case, the cancellation may be immediate. It could be due to non-payment of premium. That is the easiest to remedy of course. Regardless of the reason, your Insurance Professional will be able to to guide you and if necessary find alternative coverage for your home.
    Answered on August 18, 2015
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