Talk of The Villages Florida - View Single Post - BEWARE of new insurance requirements when buying a home re: plumbing issues
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Old 01-28-2021, 05:46 AM
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debron911 debron911 is offline
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Quote:
Originally Posted by retiredguy123 View Post
Please clarify what you mean by cancelling a policy and "threatening" to cancel a policy. The policy has a specified term and expiration date, which I thought was always adhered to unless the homeowner violated the policy agreement. But, any insurance company has the right to refuse to renew a policy after it expires.
The cancellation notice is dated for 2/16/21. Underwriting would not consider the repair invoice evidence that the repairs were made. Our agent emailed that a full new inspection was requested before consideration to reverse cancellation of policy. Our policy was paid in December 2020 in full for one year.
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