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Can an insurance company cancel your homeowners insurance because you refuse to have your car insured with them?
Wiki User
∙ 15y ago
No. One thing has nothing to do with the other. If they threaten it, you should remove all business from them and go through someone else. There are companies who will give you discounts for getting all of your policies in one place (Farmers does it, maybe AllState) == == Your homeowner's policy can only be cancelled for non-payment of premium, or issues relating to the risk. If a company threatens to cancel your homeowners insurance just because you refuse to place your auto coverage with them, you have a legitimate complaint for the regulatory authorities. Your policy should contain the name and phone number of the agency that handles complaints, such as an Insurance Commissioner.
Wiki User
∙ 15y ago
Wiki User
∙ 8y agoThat would be very bad business on the part of the insurer.
Many homeowners would pay less for their insurance if they do not have them bundled together with the same company.
I have a customer who previously had his home and car insured with the people. He had a 3 percent discount on the car insurance for having his home with them as well. When he calculated the 3%, it turned out to be a discount of only $36.00 per year.
By separating the policies he saved $940.00 on the home insurance, but he did have to give up the $36.00 he got with the 3 percent discount on the car insurance. He said he was more than happy to write 2 checks a year instead of just 1 in light of over $900 in savings.
$940 - $36.00 = $904 in annual savings.,,, Easy Peasy.
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Will homeowners insurance cover university student?
A homeowners insurance policy will cover the interests of the named insured on the policy. It does not matter if the insured is a student or not.
Does homeowners insurance cover broken ankle of the insured?
No it doesn't
Can you choose how much coverage you want for homeowners insurance or does the insurance company have the right to drastically increase your coverage without your approval?
It is unlawful to intentionally under insure your home. Your insurance company is required to review your homeowners policy regularly to insure that you are properly insured and that your homeowners policy is in compliance with the law as well as the terms of any associated mortgage note.
Is the theft of a dog insured by homeowners policy?
No, homeowners insurance is Property Insurance, it does not cover loses or damages resulting from our choice of pet ownership.
Does homeowners insurance cover termite damage?
Usually not. Check your policy for Perils Insured Against, and Exceptions. Call your insurance company. If they say it is not covered, ask where it says that in the policy.
Does homeowners insurance cover family members helping with remodeling house?
No, Your homeowners insurance policy is specific to the property and liabilities of the named insured(s)
Why does my homeowners insurance require they come to photograph and inspect my already insured home?
Sometimes a company will make sure that a home is not in disrepair before renewing a policy.
What is the difference between a company that is fully insured and one that is self insured?
A company that is fully insured goes to an insurance company and buys insurance. A company that is self insured does not buy insurance and plans to pay any claims out of the companies "pockets". For instance, if you own a home but choose not to buy home insurance, you are self insured if you should have a fire.
Can you get your homeowners insurance through your dad?
If you Dad is a licensed Insurance Agent, I'm sure he could sell you a policy. If your thinking of trying to trick or defraud the Insurance company. Property has to be insured by the owner and can be easily verified online.
If a person that has no auto insurance and hits you can you go after his homeowners insurance?
Will Homeowners Insurance cover an Auto Accident?No, Homeowners Insurance Policies do not provide coverage for Auto Accidents.____________________________________________________________________Other AnswersNo. If he wasn't insured on the car, then there is no way to claim any of his insurance on it. He will simply have to pay himself.
If your assaulted by a homeowner away from property can you settle your lawsuit through their homeowners insurance?
No, Homeowners Insurance does not provide liability coverage for criminal acts of the insured. It does not matter if your on or away from the property.
Will homeowners insurance cover caregivers costs for the inured?
No. There is no way that a homeowners policy would cover any medical costs for the insured or any family or household member. That is what health insurance is for not house insurance.
