After One Claim Can My Insurance Company Drop Me?

April 13, 2021 00:03:02
After One Claim Can My Insurance Company Drop Me?
Coastal Insurance Solutions
After One Claim Can My Insurance Company Drop Me?

Apr 13 2021 | 00:03:02

/

Show Notes

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.

Other Episodes

Episode 0

April 13, 2021 00:04:26
Episode Cover

Is My Pool Covered by Home Insurance?

There are things you need to think about regarding your pool and your homeowner’s insurance. To be specific, how does your homeowner’s insurance policy...

Listen

Episode 0

April 13, 2021 00:10:34
Episode Cover

Who are Chubb’s Home Insurance Competitors?

Well-known national insurers dominate the home insurance market but specialty insurers that cover high-value homes service a segment of the market that broad-market insurers...

Listen

Episode 0

April 13, 2021 00:03:11
Episode Cover

What is a good deductible for home insurance?

Many factors go into choosing the “best” deductible for your homeowner’s policy. First, let’s talk about the different types of deductibles. Typical homeowners insurance...

Listen