Can The Insurance Company Cancel My Policy?
- mattmims
- Mar 27, 2024
- 1 min read
Can an insurance company cancel my policy after it's issued?
Yes, an insurance company has the right to cancel a policy if there's misrepresentation on the application or due to nonpayment of the premium. Pretty easy to avoid then!
Here's the bad news: the insurance company may cancel for any reason with 10 days' written notice to the insured within the first 60 days of the policy. So, once you get past the 60-day mark, you're typically in the clear—unless you lied on your application or failed to pay your premium. Additionally, the insurance company has the right of nonrenewal with 30 days' written notice to the insured.
If you're facing a cancellation issue or a nonrenewal, call us today. It's always beneficial to work with an independent insurance agent for business, home, auto insurance, and all other risks. When one company gives you a hard time, it's good to have an agent who can find you a new company. If you're looking for insurance in Alabama, Mississippi, Florida, Georgia, or Tennessee, visit our website: www.lifestein.com, and call us today.

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