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General Policy Questions
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1. |
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MAY I CANCEL MY HOMEOWNER INSURANCE WITH
MY COMPANY?Yes, you may
cancel your insurance at any time and the
appropriate amount of paid premium will
be returned.
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2. |
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MAY MY INSURANCE COMPANY CANCEL MY
HOMEOWNER POLICY?Yes,
although this is something that insurers
rarely do. There are legal provisions
that allow an insurance company to cancel
your homeowner insurance. The most
frequent reason for cancellation is
non-payment of premium by the insured.
Insurance companies must have good reason
to cancel a policy, and ample notice must
always be given.
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