Cross-posted this from Ask the Agents, sorry.
I just received advice from my agent that my homeowners insurer will be sending me a cancellation notice because they have learned that my house is for sale. I have several problems with this, starting with the fact that my house is not for sale. Second, I understand the policy of nonrenewal or cancellation when a house is vacant (whether or not for sale) or ceases to become the insured's principal residence, but I have never heard of a policy or underwriting guideline that would prohibit the owner of a principal residence, owner-occupied house
I just received advice from my agent that my homeowners insurer will be sending me a cancellation notice because they have learned that my house is for sale. I have several problems with this, starting with the fact that my house is not for sale. Second, I understand the policy of nonrenewal or cancellation when a house is vacant (whether or not for sale) or ceases to become the insured's principal residence, but I have never heard of a policy or underwriting guideline that would prohibit the owner of a principal residence, owner-occupied house
Source of insurance-forums.net
Comments
Post a Comment