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Lost Insurance Coverage
Drop?
They can cancel your policy within 60 days of the effective date for numerous reasons. The most common reason is that the homeowner failed to disclose on the insurance application some risk condition or previous claims history. This is known as concealment and is illegal. The company would rather cancel the policy than file criminal charges against the applicant.
They can cancel your policy during the policy term only for very specific reasons regulated by your state.
They can Non-Renew the policy for any reason or for no reason if they so wish.
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