It does not sound fair, but not only can an insurer drop you after a single claim, it can also drop when you have not made any claims. The insurance companies are more worried about future risks and can cancel your policy, especially if you live in areas prone to mudslides or hurricanes. In addition, filling more than one home insurance claim within a period of five years or having a claim that is not paid because it is less than your deductible, can also make you lose your insurance.
Changes that became effective October 1st, 2018 (updated April 2019), are still in effect and provide flood insurance customers with greater freedom to choose...
Ah, summertime. Long days, warm sunshine, and afternoons in the pool or relaxing as the kids and their friends take turns doing tricks off...
It’s true that owning a home comes with a wide range of advantages, but also liabilities, including the fact that you’re going to be...
