Displaying posts tagged with

“Cancelled Insurance Policy”

Apr
20
2010
Insurance Policies and Coverage Issues By Morgan Barfield | No comments yet

Property Insurance Cancelled vs. Non-Renewal – Part 2

If, for example, the insurance company discovers the presence of sinkhole or sinkhole activity, they may go back to the application after the claim is submitted to determine if there could be a reason to deny your claim. If they then discover something they believe to be a sufficient basis, they will then cancel your coverage and look to deny your claim. All this considered, cancellations are a fertile ground for arguments between insurance companies and their insureds.

Apr
19
2010
Insurance Policies and Coverage Issues By Morgan Barfield | No comments yet

Property Insurance Cancelled vs. Non-Renewal – Part 1

During the past 3 years, several large, multistate insurance companies have left Florida entirely, or have reduced their total number of insureds. In so doing, they have both cancelled and non-renewed hundreds of thousands of homes. A non-renewal is a decision by the insurance company to no longer insure your home, and occurs at the end of the insurance policy.