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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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15y ago

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Related Questions

How do you drop medical coverage on spouse switching to employers insurance?

Either go to the HR department where you work or contact your insurance company directly. The company will need this in writing. Make sure there is no lapse in coverage.


Can a medical insurance company drop you because of one non payment?

It would depend on the insurance company. Most insurance companies will reinstate your coverage once you are caught up on your premium payments. You would then just have a lapse in coverage for the month you missed.


Can you drop you health insurance coverage at anytime from your employer?

Can you drop your health insurance coverage at anytime from your employer?Read more: Can_you_drop_your_health_insurance_coverage_at_anytime_from_your_employer


Can you drop your health insurance coverage at anytime from your employer?

Can you drop your health insurance coverage at anytime from your employer?Read more: Can_you_drop_your_health_insurance_coverage_at_anytime_from_your_employer


Can spouses health insurance company drop the spouse in for being separated?

Yes, a spouse's health insurance company can drop coverage for a spouse if they are legally separated. Many insurance policies stipulate that coverage is contingent on the marital relationship being intact. Once separation occurs, the primary policyholder may choose to remove the spouse from the plan, or the insurance company may have policies that allow for this action. It's important for separated spouses to explore their options for individual health insurance coverage.


Will your insurance company drop you if you were convicted for exhibition of speed in California?

Depending on which insurance company you have, it is possible that you will be dropped for conviction of exhibition of speed in California. The major insurance carriers will see you as a risk and will not want to provide coverage.


If your insurance company drops you before a claim is settled how do you get insurance coverage on your home?

They should not drop you before a claim is settled. If they have contact your state department of insurance and file a complaint.


If a patient refusedto pay their deductible can the insurance company drop their coverage?

AnswerNo, the deductible is owed to the doctor or hospital. The insurance company doesn't care if you pay it or not. In most cases we'll have no idea whether or not you paid.


If you're a college student covered under your parent's medical insurance and you're getting married are you dropped from their coverage once married?

As soon as the insurance company gets wind that you are married they will drop you from their coverage. If you are caught using their insurance they will probably try to charge you with fraud or cancel your parents insurance.


Should you drop your cash value life insurance policies?

That depends on your individual life insurance needs. If you absolutely need the cash payout from the money that has built-up within your policy, you may want to drop your policy. Or, if you can't afford the coverage, or don't need the coverage. Another reason people drop their cash value policy is to get coverage through term life insurance that meets their life insurance needs at a lower price. If you drop your policy to buy a new one, make sure you have been accepted and approved for your new policy, before you cancel your existing life insurance policy.


What was the only insurance company that would insure African-American taxis during the Montgomery bus boycott?

When city officials pressured local insurance agents to drop coverage for African-Americans' taxis and vehicles used for carpools during the Montgomery bus boycott, the boycott leaders arranged insurance coverage through Lloyd's of London, a British insurance company.


Can you drop your son from your insurance if he gets convicted of DUI he does not have a car?

You can drop anyone that is listed as a driver on a car you own and pay for insurance on for any reason. Depending on your insurance company this may avoid them raising the premium on that car due to his DUI.

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