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Can The Insurance Company Cancel My Policy?

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.



Insurance Company Cancelled My Policy
Insurance Cancelled!

 
 
 

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LifeStein.com, is a licensed online insurance broker, is managed by Matt Mims Group LLC, doing business as LifeStein.com. The content available on this site is created by LifeStein primarily for general information and educational purposes. While we strive to keep the information current and accurate, please note that all insurance policy premium quotes or ranges shown here are for indicative purposes only and are not binding. The definitive premium for any policy will be established by the underwriting insurance company after the application process is completed.

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